Bank Loans - Assistant Vice President

Job Description Who we are looking for As a Bank Assistant Vice President, the ideal candidate will support and assist Client Operations and other operational Shared Service teams/ Center of Excellence (COE’s) by monitoring and processing custody related events to the fund’s records accurately and timely. Ensure prompt follow up on exception situations and facilitate timely problem resolution to mitigate risk to the corporation and deliver excellent service to clients and people management. Why this role is important to us Bank Loans deals with Secondary market for syndication loans, which involves processing of many financial activities which will help other team to derive at NAV to the client, As part of loans you will be required to contribute towards development of Process, people and Improve Risk standards for the team. What you will be responsible for As Assistant Vice President you will Strategic Planning :Develop and implement operational strategies that support the company's overall business goals. Process Optimization: Identify and implement improvements to streamline operations, increase efficiency, and reduce costs.  Resource Management: Manage resources (people, budget, technology) effectively to achieve operational objectives.  Performance Monitoring: Track key performance indicators (KPIs) and identify areas for improvement, taking corrective actions as needed.  Team Leadership: Lead and develop a team of managers and staff within the operations department.  Budget Management:Manage the operational budget, ensuring efficient resource allocation and cost control.  Collaboration: Work with other executive teams to ensure alignment and coordination across the organization.  Quality Control: Ensure that the company's operations deliver high-quality products or services that meet customer needs.  Risk Management: Identify and mitigate potential operational risks.  Deep knowledge of loan syndications: Understanding the loan syndication process, market dynamics, and relevant regulations.  What we value- Key Skills: Result-oriented with an ownership and accountability mindset Commercial acumen - Understanding of cost/budgets Lead/drive the same Drive pay for performance and culture of performance differentiation Taking accountability of end-to-end outcomes as an enterprise, collaborating across functions/business and locations Executive presence, managing with influence and effective communication across stakeholder groups both regionally and globally Embed risk excellence culture across the teams Encourage and drive a culture of change and ideation Education & Preferred Qualifications Bachelor’s degree in commerce / economics with a specialization n Business, Accounting, Finance or another Financial related program. Inter C.A. / Inter ICWAI or CFA (pursuing) will be preferred 10-16 years’ experience in accounting, finance, mutual fund operations, loan servicing or related careers (preferred). About State Street What we do.