Alternative Investment Services Bank Loans Operations, Assistant Vice President Custody

Alternative Investment Services Bank Loans Operations, Assistant Vice President Custody

Join to apply for the Alternative Investment Services Bank Loans Operations, Assistant Vice President Custody role at State Street

This role requires a deep understanding of the complexities of servicing Alternative Investment Services Bank Loans Operations debt held in complex global fund structures. The candidate should have a background in client management, team management, multi‑point reconciliations, fund accounting, custody, vendor data sourcing and automation. Strong critical thinking skills and an ability to meet aggressive deadlines in a high‑volume work environment are essential.

The team you will be joining plays a key 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.

• Act as primary contact and escalation point for operational issues
• Receive and resolve inquiries from client, Client Management, COEs, BU Shared Services and BU Client Service and ensure timely resolution.
• Maintain and monitor open items, issues, logs, and project lists
• Address custom client requests and manage production activities of Client Support Specialists 1, 2 and Senior Specialists.
• Coordinate implementation of new funds, systems and processes; assist with client conversions and other client projects.
• Identify and implement consistent operational best practices.

• Strong critical thinking, problem solving, and decision‑making skills
• Strong interpersonal skills and ethical decision‑making
• Ability to work in a team environment with emphasis on collaboration with both clients and internal service teams.

• BS/BA degree required. Minimum of 5–7 years of related experience, preferably in the financial services industry.
• Experience working with Bank Loan asset class required.
• Proficiency with Wall Street Office (WSO).

$85,000 – $152,500 Annual.

State Street offers a competitive benefits package including medical care, insurance and savings plans, flexible work programs, and extensive development opportunities.

State Street is an equal opportunity and affirmative action employer. We warmly welcome candidates of diverse background, ability, age, sexual orientation, gender identity, and other protected characteristics.

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