Corporate Banking Operations, Senior Associate

State Street — Bangalore, India

Impact Statement Global Credit Finance (GCF) Loan Operations provides operational support for several GCF products within Finance. Loan Servicing Unit (LSU) Associate is needed to service credit facilities on the Bank’s loan accounting system(s), process related cash transfers and perform reconcilements/exception report reviews. Primary Responsibilities Review transactional documentation and process principal, interest and fee transactions on loan accounting system Initiate cash movements via internal transfer and Fed wire/SWIFT Reconcile general ledger/demand deposit accounts; document discrepancies timely Analyze and research exception items for resolution Maintain Letters of Credit Manage interest and fee logs Provide client support and respond to client queries Drive 100% compliance to procedures, policies, guidelines and controls Be the SME - Handle complex Process related queries and clarifications from the Team members and route these to onshore teams for resolution if required. Have an eye for detail to ensure all documents are processed and reviewed correctly. Identify and drive process improvements and other initiatives. Required Skills or Certifications Overall 5-7 years of experience in Loan Operations (Bilateral, Agented and Non Agented) General understanding of accounting Proficiency with Microsoft Excel Good organizational skills and the ability to prioritize under tight deadlines Success Capabilities Bachelor’s degree or similar Candidates with knowledge of loan systems like loan IQ will hold an added advantage Strong interpersonal and communication skills necessary Must be detail oriented with ability to perform general analysis of credit documentation Ability to work with others to accomplish tasks Strong focus on the customer experience Able to build strong, open & collaborative working relationships Should be comfortable with Bangalore location Should be open with all shifts (Including Night Shifts) About State Street Across the globe, institutio

View on HireSetu