Subscription Finance Senior Associate

Senior Associate

An incoming Senior Associate on the team should possess a positive attitude and strong quantitative skills. The successful candidate will have an ability to work effectively with internal stakeholders to assist in the surveillance of subscription facilities. Surveillance and monitoring of the portfolio will be a core responsibility.

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

As Analyst- Senior Associate will :

• Assist Analysts and Account Officers in Borrowing Base uploads into Mercatus (Alpha for Private Markets) for subscription credit facilities
• Match Limited Partners (Investors) in our facilities to Investor Parents in Mercatus
• Create GEMs ID's, UCI's and Ratings for Limited Partners that are not currently in the State Street system
• Monitor Mercatus for Investor Parent and Limited Partners that are not rated, and create ratings for missing entities
• Create surveillance documents for Quarterly Exposure Review on the entire portfolio
• Create Monthly report for Credit Committee
• Assist in day-to-day management and maintenance of Mercatus platform
• Respond to requests for information from Enterprise Risk Management, internal audit and bank examiners; maintain high responsiveness and service quality across internal constituencies;
• Demonstrate the ability to identify, prioritize and escalate critical issues to senior management.
• Work closely with loan Senior Associates to continue to develop industry knowledge as well as underwriting and portfolio management skills, understanding of policies and procedures for credit and portfolio administration, and management of the legal documentation process.
• May also be relied upon to handle assigned projects

These skills will help you succeed in this role :

Degree in Business, Economics, Finance or liberal arts.

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.

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.

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.

Salary Range : $52,000 - $91,000 Annual