Global Credit Finance Business Support Team Lead, VP

Company: Illinois CPA Society
Location: Boston
Posted on: February 2, 2025

Job Description:

Who we are looking for
For over two decades, State Street's Global Credit Finance (GCF) has been committed to partnering with the world's most sophisticated asset managers and institutions in order to help them reach their goals through providing a broad array of liquidity and financing solutions. With over $100B in committed facilities, our scale and global reach allows GCF to offer clients unique access to markets, geographies and asset classes and enables us to deliver both thoughtful insights and creative solutions. We focus on cultivating collaborative partnerships with our clients while actively optimizing returns for the Bank's balance sheet.

GCF is seeking a Business Support Team Lead, Vice President, managing a global team of 4-5 account administrators on our Business Support Team supporting our Leveraged Loan and Commercial Real Estate loan portfolios. The team manager will be located in Boston.

Why this role is important to us
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. To make that happen we need teams like yours to help navigate employees and the organization as a whole. 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.

What you will be responsible for
As Business Support Team Manager you will

• Oversee a team of 4-5 supporting assigned GCF product lines
• Provide direct account administration support throughout the credit facility life cycle
• Participate in onboarding of credit facilities
• Manage day to day relationship with loan support staff
• Develop and strengthen relationship with GCF front office
• Support the launch and integration of our new deal onboarding and loan accounting platforms
• Internal and external reporting
• Ensure proper data governance, controls, procedures and documentation
• Ad-hoc requests and special projects as needed
  What we value
  These skills will help you succeed in this role
  
  • --? -Ability to manage a team effectively and develop staff
  • Ability to think critically to understand existing processes and identify opportunities for improvement
  • Ability to manage and prioritize multiple closings, issuance and related tasks
  • Ability to clearly articulate process requirements to internal and external audiences
  • Strong analytical and problem-solving skills
  • Excellent written and verbal communication skills
    Education & Preferred Qualifications
    
    • Bachelor's degree in Finance or Accounting
    • 5-10 years financial services experience in loan administration including commercial real estate
    • Advanced experience in loan syndications and trading
      Are you the right candidate? Yes!
      We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
      
      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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs 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 perspectives 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 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 programs 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.
      
      Discover more at StateStreet.com/careers
      
      Salary Range:
      $110,000 - $177,500 Annual
      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.
      
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Keywords: Illinois CPA Society, Marthas Vineyard , Global Credit Finance Business Support Team Lead, VP, Accounting, Auditing , Boston, Massachusetts