$110,000 - $177,500 Annual
Who we are looking for
For over two decades, State Streets Global Credit Finance (GCF) has been committed to partnering with the worlds most sophisticated asset managers and institutions in order to help them reach their goals through providing a broad array of liquidity and financing solutions. With over $100B in committed facilities,
We focus on cultivating collaborative partnerships with our clients while actively optimizing returns for the Bank's balance sheet.
Business Support Team Lead, Vice President, managing a global team of 4-5 account administrators on our Business Support Team supporting our Leveraged Loan and Commercial Real Estate loan portfolios. The team manager will be located in Boston.
GCF is seeking a
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 Business Support Team Manager you will
- Oversee a team of 4-5 supporting assigned GCF product lines
- Provide direct account administration support throughout the credit facility life cycle
- Participate in onboarding of credit facilities
- Manage day to day relationship with loan support staff
- Develop and strengthen relationship with GCF front office
- Support the launch and integration of our new deal onboarding and loan accounting platforms
- Internal and external reporting
- Ensure proper data governance, controls, procedures and documentation
- Ad-hoc requests and special projects as needed
What we value
These skills will help you succeed in this role
- Ability to manage a team effectively and develop staff
- Ability to think critically to understand existing processes and identify opportunities for improvement
- Ability to manage and prioritize multiple closings, issuance and related tasks
- Ability to clearly articulate process requirements to internal and external audiences
- Strong analytical and problem-solving skills
- Excellent written and verbal communication skills
Education & Preferred Qualifications
- Bachelor's degree in Finance or Accounting
- 5-10 years financial services experience in loan administration including commercial real estate
- Advanced experience in loan syndications and trading
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
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 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. You'll 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.
Discover more at
StateStreet.com/careers
Salary Range
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.