Alternative Investment Solutions Loans Unit, Assistant Vice President

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<div><div><p><b><span>Who we are looking for</span></b></p><p><span>The role of Alternative Investment Solutions Loans Unit (ALU) in the organization is to handle critical and time sensitive controls, executions, and decisions within investment operations. The team is responsible for the Investment book of records, trade execution, settlements, lifecycle events, corporate action processing, cash and position reconciliation. Many teams have direct contact with clients and act on their behalf while interacting with internal and external parties. The successful candidate will be responsible for managing day to day delivery of services to several large fund managers. Position includes significant managerial responsibilities, oversight as well as some hands-on delivery of services. </span></p><p></p><p><span>This managerial position is within the Private Markets Fund Administration Department of the State Street Alternative Investment Services Group. The Assistant Vice President interacts with all levels of professionals both internally and externally. Therefore, exceptional communication and interpersonal skills are essential. The AIS Loans Unit is a growing, dynamic business unit within the Alternative Investment division. Candidates must demonstrate strong technical investment processing and reconciliation knowledge, initiative, be able to perform well under pressure and simultaneously direct multiple tasks. The position is responsible for maintaining direct client relationships and the day-to-day servicing and administration for several client sponsored investment funds.</span></p><p></p><p><span>Join us if making your mark in the financial services industry from day one is a challenge you are up for.</span></p><p></p><p><b><span>What you will be responsible for</span></b></p><p><span>As an AIS Loans Unit Assistant Vice President, you will</span></p><ul><li><p><span>Manage a consistent high quality service delivery to clients across all Regions/Service functions, working closely with GD Client Executive & Client Service Teams.</span></p></li><li><p>Manage internal workflow and client deadlines.</p></li><li><p><span>Assist Senior management in the implementation of a new Global Operating Model within the product line of Private Credit.</span></p></li><li><p><span>Relationship Building – Manage and develop relationships with clients, Vendors and internal development teams.</span></p></li><li><p><span>Time management – Encourage team resources to create efficiencies, recognizing talent and ensuring training needs are addressed.</span></p></li><li><p><span>Client focus – Consistent and active awareness of the client’s needs. Proactively sourcing ways to improve and promote quality. Displays a commitment to excellence. Ability to manage client’s expectations.</span></p></li><li><p><span>Policies and Procedures – Development and upholding of company policies and procedures.</span></p></li><li><p><span>Communication with other areas of the business at a high level – NAV, QA, Development, etc.</span></p></li><li><p><span>Create and maintain cash and Position reconciliations, delivering complete recon to the internal Fund accounting teams and clients where necessary.</span></p></li><li><p><span>Create efficiencies through technological enhancements and development.</span></p></li><li><p><span>Review and/or preparation of various client related correspondence.</span></p></li><li><p><span>Lead ad hoc projects based on client needs or internal process changes.</span></p></li><li><p><span>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.</span></p></li></ul><p></p><p><b><span>What we value </span></b></p><p><span>These skills will help you succeed in this role.</span></p><ul><li><p><span>In depth knowledge of the operational management of the following product: </span><span>Private and Syndicated Loans, Notes, Private Bonds</span></p></li><li><p><span>In depth knowledge of processing functions:</span> <span>Trade intake, Settlements, Lifecycle Events, complex restructures </span></p></li><li><p><span>IT Literate </span></p></li><li><p><span>Strong knowledge of Geneva for the product set in scope</span></p></li><li><p><span>Strong verbal and written communication skills </span></p></li><li><p><span>Strong analytical skills </span></p></li></ul><p></p><p><i><span>Education & Preferred Qualifications</span></i></p><ul><li><p><span>Degree in Accounting or Finance or Business-related area (minimum 2.2 honors degree) </span></p></li><li><p><span>ACCA/CIMA/ACA/CPA qualified, or part qualified an advantage</span></p></li><li><p><span>A minimum of 4+ years’ experience at management level</span></p></li></ul></div></div><p style="text-align:inherit"></p><p style="text-align:left"><b>Salary Range: </b></p>$90,000 - $157,500 Annual<p style="text-align:inherit"></p><p style="text-align:left"><span>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.</span></p><p></p><p><i>Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.</i></p><p><i>For a full overview, visit </i><a target="_blank" href="https://hrportal.ehr.com/statestreet/Home"><i><u>https://hrportal.ehr.com/statestreet/Home</u></i></a><i>.</i></p><p></p><h1><span class="emphasis-3"><b>About State Street</b></span></h1><p></p><p>Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.</p><p></p><p>We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.</p><p></p><p>As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.</p><p></p><p>Discover more information on jobs at <a target="_blank" href="http://statestreet.com/careers">StateStreet.com/careers</a></p><p></p><p>Read our <a target="_blank" href="https://pp-cdn.phenompeople.com/CareerConnectResources/prod/STSTGLOBAL/documents/New-1744919504565.pdf">CEO Statement</a></p><p></p><p><b><span>Job Application Disclosure:</span> </b></p><p><span>It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.</span></p>

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About United Kingdom

The United Kingdom is an island nation located on the northwest coast of Europe. The United Kingdom includes the entire island of Great Britain, which includes England, Wales, and Scotland, as well as the northern part of the island of Ireland. The name Great Britain is sometimes used to refer to the United Kingdom as a whole. The capital is London, which is one of the business, financial, and cultural centers of the world. Other major cities are Birmingham, Liverpool, and Manchester in England, Belfast and Londonderry in Northern Ireland, Edinburgh and Glasgow in Scotland, and Swansea and Cardiff in Wales.

Common Interview Questions

  • Tell me about yourself.
  • Walk me through your resume.
  • How did you hear about this position?
  • Why do you want to work at this company?
  • Why do you want this job?
  • Why should we hire you?
  • What can you bring to the company?
  • What are your greatest strengths?
  • What do you consider to be your weaknesses?
  • What is your greatest professional achievement?
  • Tell me about a challenge or conflict you’ve faced at work, and how you dealt with it.
  • Tell me about a time you demonstrated leadership skills.
  • What’s a time you disagreed with a decision that was made at work?
  • Tell me about a time you made a mistake.
  • Tell me about a time you failed.
  • Why are you leaving your current job?
  • Why were you fired?
  • Why was there a gap in your employment?
  • Can you explain why you changed career paths?
  • What’s your current salary?
  • What do you like least about your job?
  • What are you looking for in a new position?
  • What type of work environment do you prefer?
  • What’s your work style?
  • What’s your management style?
  • How would your boss and coworkers describe you?
  • How do you deal with pressure or stressful situations?
  • What do you like to do outside of work?
  • Are you planning on having children?
  • How do you stay organized?
  • How do you prioritize your work?
  • What are you passionate about?
  • What motivates you?
  • What are your pet peeves?
  • How do you like to be managed?
  • Do you consider yourself successful?
  • Where do you see yourself in five years?
  • How do you plan to achieve your career goals?
  • What are your career aspirations?
  • What’s your dream job?
  • What other companies are you interviewing with?
  • What makes you unique?
  • What should I know that’s not on your resume?
  • What would your first few months look like in this role?
  • What are your salary expectations?
  • What do you think we could do better or differently?
  • When can you start?
  • Are you willing to relocate?
  • How many tennis balls can you fit into a limousine?
  • If you were an animal, which one would you want to be?
  • Sell me this pen.
  • Is there anything else you’d like us to know?
  • Do you have any questions for us?

Educational Qualification

Candidates Who Have Passed Graduate or its Equivalent from a Recognized Board or University Are Eligible For this recruitment. Kindly check the Official Notification for more qualification details. Notification Link Is Given Below.

Document Required

Required Documents for This recruitment: Candidate should have these documents before applying online. Candidates are suggested to read the official notification before applying.

  • Qualification certificate with mark sheets.
  • Passport size photographs.
  • Signature.

How to Apply

All the eligible candidates can apply for this job as mentioned below:

  • Read official notification carefully from the official website.
  • Read notification carefully before applying.
  • Fill the application form (link is given below).
  • Attach required documents and passport size photo with signature.
  • Then submit. Done.