19 Aug
|
State Street
|
Bengaluru
19 Aug
State Street
Bengaluru
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 mode, 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. For more than two centuries, we’ve been h
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