State Street
Financial Services
CorporateBankingOperations-SeniorAssociate
Neural analysis suggests this role is
optimal for Senior candidates.
“Corporate Banking Operations - Senior Associate at State Street. Skills: Loan operations, Loan servicing, Transaction processing, Cash movements, Reconciliation. Service credit facilities on the Bank’s loan accounting system. Process cash transfers”
Industry & Context.
What They're Looking For.
Must Have
7+ years of loan operations and servicing support, General understanding of accounting, Proficiency with Microsoft Excel
Nice to Have
Prior banking and/or lending knowledge beneficial
What You'll Do.
Service credit facilities on the Bank’s loan accounting system
Process cash transfers
Perform reconcilements
Review transactional documentation
interest and fee transactions on loan accounting system
Initiate cash movements via internal transfer and Fed wire/SWIFT
Reconcile general ledger/demand deposit accounts
Document discrepancies timely
Full Job Description
**Who we are looking for** Global Credit Finance (GCF) Loan Operations provides operational support to the GCF division of Markets and Financing. Loan Servicing Unit (LSU) Associate is needed to service credit facilities on the Bank’s loan accounting system, process cash transfers and perform reconcilements. This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements. **Why this role is important to us** The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for. **What you will be responsible for** As a Senior Associate you will: * Review transactional documentation and process principal, interest and fee transactions on loan accounting system * Initiate cash movements via internal transfer and Fed wire/SWIFT * Reconcile general ledger/demand deposit accounts, document discrepancies timely **Education & Preferred Qualifications** * 7+ years of loan operations and servicing support * General understanding of accounting * Proficiency with Microsoft Excel * Good organizational skills and the ability to prioritize under tight deadlines * Prior banking and/or lending knowledge beneficial **About State Street** **What 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, we’re making our mark on the financial services industry. F
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