Bank Loans, Associate 2
State Street Corporation (company site, opens in a new tab)PuneOn-siteDirect career pageEst. 6–10 LPA
Posted 1d ago
Reach people at State Street Corporation
People at this company you can reach
Log in to see who works here
Create a free account or log in to see the people at State Street Corporation you could write to:
- Recruiters & HR
- People in this function
- Work addresses
Your match
Against your primary resume
Log in to see your match score
Create a free account or log in to unlock your CV match score across:
- Role fit
- Experience
- Industry relevance
Protocol Intelligence
How competitive this role is
Competition
Background fit
Strictness
Log in to see why each signal reads the way it does.
Job description
Structured overview of role & requirements
About This Role
- Perform daily maintenance and record keeping for syndicated bank loans across mutual fund and structured portfolios.
- Process trades, book receipts and disbursements, reconcile daily cash balances, and produce portfolio holding reports and accrual information.
- Handle client-specific reporting, respond to customer queries, monitor for suspicious transactions, and coordinate with investment managers and mutual fund counterparts for NAV calculations.
Minimum Requirements
- Bachelor’s Degree in Commerce/Economics with specialization in Business, Accounting, Finance, or related field.
- 1-3 years experience in accounting, finance, mutual fund operations, loan servicing, or related roles preferred; 3 years experience preferred as per additional requirements (apparent inconsistency in JD).
- Strong computer skills including Microsoft Excel and Word.
- Work Experience Required: 1-3 years preferred; 3 years preferred (contradictory statements in JD).
Ideal Candidate Profile
- Experienced in day-to-day loan servicing operations including trade processing, reconciliation, and reporting within mutual funds or structured portfolios.
- Able to manage client interactions and deliver client-specific reports aligned with NAV calculation processes.
- Detail-oriented with capability to detect and escalate suspicious transactions as per defined policies.