Bank Loans, Associate 2

Overview

Associate 2 role in the Bank Loans team at Charles River Development (part of State Street), responsible for daily maintenance and record keeping of syndicated bank loans held in mutual fund and structured portfolios.

What you'll do

• Perform daily maintenance and record keeping for syndicated bank loans held in various mutual fund and other structured portfolios for SSC clients.
• Process trades, and book receipts and disbursements.
• Carry out daily reconciliation of cash balances.
• Produce daily roll-forward proof of portfolio holdings and accrual information.
• Prepare standard and ad hoc reporting for internal and external customers.
• Respond to customer queries on a daily basis.
• Process bank loan notices daily as received from agent banks.
• Interact with the Investment Manager on assigned portfolios, inputting and settling trades, performing ad hoc requests, and providing daily reporting per client-specific guidelines.
• Work closely with the mutual fund counterpart, providing loan-related reports to be incorporated into the final NAV calculation.
• Identify unusual or potentially suspicious transaction activity and report and/or escalate in accordance with corporate policy and relevant operating procedures.
• Perform daily processes accurately and within defined time frames and client requirements.
• Have daily contact with Client Service, Client Management, COEs and Business Unit (BU) Shared Service teams.
• Consult with the manager where clarification or exception to policy may be required.

What you'll need

• Strong computer competence in Microsoft applications (Excel, Word etc.).
• Aptitude for math.
• Interpersonal skills and oral communication skills.
• Multitasking capability and ability to work under pressure in a deadline-driven environment.
• Bachelor's Degree in Commerce / Economics with a specialization in Business, Accounting, Finance or another finance-related program.
• 3 years' experience in accounting, finance, mutual fund operations, loan servicing or related careers.

Nice to have

• Inter C.A. / Inter ICWAI or CFA (pursuing).
• 1-3 years' experience in accounting, finance, mutual fund operations, loan servicing or related careers.

Details

• Location: Hinjewadi, Pune.