Job Description

Who we are looking forAs a Bank Assistant Vice President, the ideal candidate will support and assist Client Operations and other operational Shared Service teams/ Center of Excellence (COEs) by monitoring and processing custody related events to the funds records accurately and timely. Ensure prompt follow up on exception situations and facilitate timely problem resolution to mitigate risk to the corporation and deliver excellent service to clients and people management.Why this role is important to usBank Loans deals with Secondary market for syndication loans, which involves processing of many financial activities which will help other team to derive at NAV to the client, As part of loans you will be required to contribute towards development of Process, people and Improve Risk standards for the team.What you will be responsible forAs Assistant Vice Presidente you will

• Processing trades, booking receipts and disbursements
• Producing daily roll-forward proof of portfolio holdings and accrual information
• Interact with the Investment Manager on their assigned portfolios, inputting/settling trades, performing ad hoc requests and providing daily reporting per client specific guideline.
• During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.
• Receive and resolve inquiries in a timely and accurate manner and communicates effectively with client when necessary.
• Escalate unresolved issues to management as required.
• Perform daily or weekly reporting functions for the teams activities.
• Keep up to date on broader internal/external business issues; applies knowledge across team.
• Assist management in the implementation of new policies and procedures, participates in projects.
• Maintain knowledge of current alternative procedures, Process and Risk adherence

What we value

• These skills will help you succeed in this role:

strong critical thinking, problem solving, and decision making skillsEye for details and Proactive in raising issues

• Responsible for performing daily processes accurately and in accordance with defined time frames and client requirements. May have daily contact with Client Service, Client Management, COEs and Business Unit (BU) Shared Service teams.
• Skills: Strong computer competence (Microsoft applications {Excel, Word etc.}, aptitude for math, interpersonal skills, oral communication skills, multitasking capability, ability to work under pressure/deadlines driven environment

Education & Preferred Qualifications

• Bachelors Degree in Commerce / Economics with a specialization n Business, Accounting, Finance or another Financialrelated program. Inter C.A. / Inter ICWAI or CFA (pursuing) will be preferred
• 14-16 years experience in accounting, finance, mutual fund operations, loan servicing or related careers (preferred).

Additional requirementsAbout State StreetWhat we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, were making our mark on the financial services industry. For more than two centuries, weve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. Youll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.Inclusion, Diversity and Social Responsibility. We truly believe our employees diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.State Street is an equal opportunity and affirmative action employer.

State Street