Middle Office Loan Associate

State Street Corporation • Sacramento, CA, United States • $200k - $250k / year • 4m ago

Job Description
Who we are looking for

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 Position, you will
Within this global middle office team, your role will involve interaction with teams in the US, India, and EMEA. You will assist and complete all daily tasks within the required deadlines. Below details the core daily tasks:
Trade File Processing:
Processing trade files transmitted by the Fund daily on trade-date.
Trade Confirmation:
Verifying loan trades to LMA/LSTA documentation and processing trade settlement based on funding memos.
Trade Lifecycle Management:
Verifying and processing loan lifecycle events such as Interest, Paydowns, PIK, and Drawdowns to agent notices.
Reconciliations:
Reviewing and resolving daily reconciliation breaks by liaising with the client and NAV teams as required.
Pricing:
Ensuring Loans are priced in accordance with the pricing matrix.
Projects:
Active involvement within multiple global team ongoing projects.

What we value
These skills will help you succeed in this role:

Education & Preferred Qualifications
Qualifications:

Bachelor's degree
0-2 years of experience

Working knowledge of financial products
Excellent computer skills
Superior communication skills
Ability to work in a fast-paced, demanding environment
Must be comfortable working in a dispersed and virtual team environment

Additional Requirements

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. 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:
$43,680 - $62,400 Annual
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.
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