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Bank Loans, Associate 2 at State Street - ApplyBlast

Bank Loans, Associate 2

State Street

4 months ago

3.4 on Glassdoor

Boston, Massachusetts

Hybrid

Full Time

Junior

0 applicants

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About this role

A Loan Services Specialist at State Street manages syndicated bank loans held within complex mutual fund and structured portfolios for SSC clients. The role involves daily maintenance, trade processing, cash reconciliation, portfolio reporting, and monitoring suspicious transaction activity. Success in this position requires strong critical thinking, analytical skills, and the ability to deliver accurate operational support in a high-volume financial environment.

Responsibilities

Perform daily maintenance and record keeping for syndicated bank loans
Process trades and book receipts and disbursements daily
Reconcile cash balances and produce portfolio holding reports
Monitor transaction activity for unusual or suspicious patterns
Prepare standard and ad hoc reporting for internal and external clients

Skills

Qualifications

Bachelor's degree in Finance, Accounting, Economics, or Business Management

About State Street

statestreet.com

Headquarters

Boston, Massachusetts, United States

Company Size

10001+ employees

Founded

1792

View Profile

State Street is a global financial services company offering investment servicing, investment management, markets trading and financing, and data intelligence solutions to institutional clients across 100+ markets. Through its capabilities in custody, accounting, foreign exchange, and proprietary data-driven insights, it helps investors manage risk, access liquidity, and optimize performance. State Street also operates SPDR ETFs and conducts leading market research through its annual Markets Research Retreat.