Senior Loan Services Operations Associate | Syndicated Loans

State Street Corporation; Clifton (NJ); On-site; USD 52,000 - 94,000; Full time

Benefits offered by this job

401K with company match

Insurance coverage

Paid time off (PTO)

Employee Assistance Program

Incentive compensation

Tax-advantaged savings plans

Job summary

State Street Corporation in the United States is seeking a Loan Services Operations professional to manage daily maintenance, reconciliations, and reporting for syndicated bank loans across client portfolios. The role emphasizes client service, accuracy, and collaboration with internal teams.

The position requires a BS/BA, 1–3 years in financial services, and proficiency with Wall Street Office (WSO). The team focuses on scalable, efficient processes and strong risk controls.

Qualifications

• BS/BA degree required.
• 1–3 years of related experience, preferably in financial services.
• Experience in Bank Loan asset class required.
• Proficiency with Wall Street Office (WSO).

Responsibilities

• Performs daily maintenance and record keeping for Syndicated Bank Loans held in various Mutual Fund and other Structured portfolios for SSC clients.
• Processing trades, booking receipts and disbursements.
• Daily reconciliation of cash balances.
• Producing daily roll-forward proof of portfolio holdings and accrual information.
• Preparing standard and ad hoc reporting for internal and external customers.
• Responding to customer queries on a daily basis.
• Daily processing of bank loan notices as received from agent banks.
• Other tasks as needed

Skills

Critical thinking

Interpersonal skills

Team collaboration

Client management

Education

BS/BA degree

Tools

WSO

Job description

State Street Corporation in the United States is seeking a Loan Services Operations professional to manage daily maintenance, reconciliations, and reporting for syndicated bank loans across client portfolios. The role emphasizes client service, accuracy, and collaboration with internal teams.

The position requires a BS/BA, 1–3 years in financial services, and proficiency with Wall Street Office (WSO). The team focuses on scalable, efficient processes and strong risk controls.