Who we are looking for

Global Credit Finance (GCF) Regulatory Reporting Assistant Vice President on our Business Support Team, to manage the program and associated reporting for applicable GCF regulatory schedules. This position will manage a team of 2 and work with colleagues in the US and Gdansk, Poland to review and reconfigure existing processes to meet program requirements

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 a Global Credit Finance, Assistant Vice President will

Provide day to day management of 2 team membersOversee review of existing Borrower-In-Custody (BIC) Pledging reporting process and develop appropriate processes and data sourcing model based on assessment of program reporting requirementsDrive review of existing control framework for BIC Pledging reporting process and implement changes as appropriateManage execution of monthly BIC Pledging report production process and ongoing BIC Pledging monitoring process to submit required data on pledged loans to Federal Reserve Bank (FRB), including initial validation and preparation of reporting files, coordinating with subject matter experts to resolve discrepancies and validate data, and maintaining and submitting documentationReview legal documentation and supporting schedules for new and amended deals on an ongoing basis, interpret to determine whether loans meet criteria for BIC pledging program, and ensure accurate and timely data captureRecommend and implement modifications of reporting logic based on complex analysis of portfolio dataEnsure data quality oversight and analysis by leading execution of controlsAssist with responses to internal and external reviews of GCF regulatory reporting and execution of remediation plansCollaborate with all GCF stakeholders and partners Understand, participate in and work in accordance with GCF operating strategy.Analyze and document operational reporting processes and controls.Ad-hoc requests and special projects as needed

Education & Preferred Qualifications

Bachelor’s degree or equivalent in Finance or Accounting preferred8+ years of financial services experienceEstablished English written and verbal communication skillsPrior supervisory experience including familiarity with local regulationsProficiency in data management and reportingFamiliarity with credit lending products is requiredWorking knowledge of the syndicated bank loan market and systemsAbility to think critically to understand existing processes and identify opportunities for improvementAbility to manage and prioritize multiple tasksAbility to clearly articulate ideas to internal and external audiencesStrong analytical and problem-solving skillsProficiency in Microsoft Office suite, advanced experience in Excel

We offer

Employee savings plan;Premium life insurance package;Gold medical package;International operating environment;Language classes;Soft skills trainings;Technical workshops;Development sessions with a mentor;Diversity of opportunities across a range of challenging and highly complex activities.Technical or leadership career pathway

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