State Street

Middle Office Loans Supervisor

Recruiter
State Street
Location
Drogheda, Ireland
Salary
Not disclosed
Posted
18 Apr 2024
Closes
01 May 2024
Ref
R-748936
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

Job Specification

Division: International Fund Services Ireland

Reporting To: Middle Office Manager (Officer)

Roles Reporting To This Position: Associate 2

Purpose of Role: Loan Trade processing, confirmation and lifecycle management

Specific Duties:

Within this global middle office team your role will involve interaction with teams in EMEA and the US. A key element will be to assist and ensure the EMEA middle office loan team complete all their daily tasks within the required deadlines. 

Below details the core daily tasks: 

Trade File Processing: 

  • Processing trade file 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 of loan lifecycle such as Interest, Paydowns, PIK, Drawdowns to agent notices. 
  • Reconciliations To review and resolve daily reconciliation breaks by liaising the client and NAV teams as required. 
  • Pricing Ensuring Loans are pricing in accordance with the pricing matrix. 
  • Projects Active involvement within multiple global team ongoing projects. Overseeing teams in the Poland Office
  • Monitoring teams to ensure our client coverage within our teams in Poland is achieved to a high standard. 

Working with Poland teams to ensure escalation, issue resolution and control gaps are resolved. Ensure daily checklist is complete and verify end of day process is completed. That our Poland team highlight, escalate and report all issues to Ireland team pertaining to client service. During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.

Work Parameters

Or Boundaries: State Street Employee Handbook Internal Procedures Manual Performance Planning and Review System (PPR)

Person Specification

Specific Qualifications/ Skills:

  •  Highly numerate
  •  IT Literate

Level of Education:

  • Degree in Accounting or Finance or Business related area (minimum 2.2 honors degree)

Previous Level of Experience:

  • Private and Secondary Bank Loan product knowledge favorable but not essential.
  • Experience in Geneva and/or Wall Street Office Applications favorable but not essential.

Skills

  • Strong verbal and written communication skills
  • Ability to work well in a team environment
  • Very good English
  • Strong analytical skills
  • Ability to perform effectively within strict client deadlines

For further information, and to apply, please visit our website via the “Apply” button below.

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