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Bank Loans - Senior Associate

AT State Street
State Street

Bank Loans - Senior Associate

Hyderabad, India

Roles and Responsibilities (list the primary job duties and responsibilities)

  • Performs daily maintenance and record keeping for Syndicated Bank Loans held in various Mutual Fund and other Structured portfolios for various SSC clients
  • Processing trades, booking receipts and disbursements
  • Daily reconciliation of cash balances
  • Producing daily roll-forward proof of portfolio holdings and accrual information
  • Preparing standard and ad hoc reporting for both internal and external customers
  • Responding to customer queries on a daily basis
  • Daily processing of bank loan notices as received from agent banks,
  • Interact with the Investment Manager on their assigned portfolios, inputting/settling trades, performing ad hoc requests and providing daily reporting per client specific guidelines
  • The individual will work closely with their mutual fund counterpart, providing Loan related reports to be incorporated into the final NAV Calculation.
  • 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
  • Research and resolve exceptions and issues
  • Receive and resolve inquiries in a timely and accurate manner and communicates effectively with client when necessary
  • Define and ensure successful completion of ad-hoc requests
  • Escalate unresolved issues to management as required
  • Perform daily or weekly reporting functions for the team?s activities
  • Ensure adherence to Standard Operating Procedures
  • 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
  • Assist with workflow management and technology enhancements., make suggestions to streamline operations
  • Maintain knowledge of current alternative procedures and processes
  • Support training of new hires as necessary
  • Other tasks as needed.

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Additional Skill Sets:

• 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.

• Consults with manager where clarification or exception to policy may be required

• 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 Requirements:

Any bachlor's Degree/Mastwer's degree in Finance preferred

State Street's Speak Up Line

Client-provided location(s): Hyderabad, Telangana, India
Job ID: StateStreet-R-758301
Employment Type: Full Time