Middle Office, Officer

State Street.
Clifton, New Jersey
Not disclosed
29 Apr 2021
29 May 2021
Contract type
Full time
Experience level
Qualified accountant

Who we are looking for

5 to 8 years of experience in the asset administration industry. Ability to understand and process Loan products across Hedge and Private equity Clients. Will need to be able to work across multiple clients and serve as the subject matter expert for resolution.

Why this role is important to us

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

What you will be responsible for

As Officer you will

  • Process principal and income activity against loan notices
  • Review and process trade settlements against settlement documents
  • Obtain and review private deal documentation from relevant parties
  • Review and process restructures
  • Coordinate with Client and NAV Teams on successful deliverables and timelines
  • Daily loan pricing in accordance with client pricing matrix

What we value

These skills will help you succeed in this role

  • strong critical thinking, problem solving, and decision making skills
  • Audit assistance
  • Industry updates and review
  • Controls and procedure execution

Education & Preferred Qualifications

  • Bachelor’s degree
  • 5 – 8 years experience
  • Excel proficient

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 program 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.

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

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