Loan Operations Vice President, India

What is Global Credit Finance? Global Credit Finance is the Bank’s lending division. The team oversees a portfolio of 10 different products with over $104B of notional commitments. Its 140+ member team operates in the US, EMEA and APAC with offices in Boston, Irvine, London, Munich, Gdansk, Luxembourg, and Bangalore. Global Credit Finance’s mission is twofold: to attract and retain clients of State Street through the use of the firm’s balance sheet; and to add income and diversification to the company’s portfolio of on and off-balance sheet investments.  Our products include Private Markets – Subscription Finance, Private Credit, Real Money Funds-Liquidity and Leverage, CLOs, Municipal Finance, Commercial Real Estate, Leveraged Loans, Corporates, and Stable Value Wrap. Who we are looking for Why this role is important to us Global Credit Finance (GCF) Loan Operations provides operational support to GCF, State Street's lending division within Investment Services. We are seeking a Loan Servicing Unit (LSU) Vice President to lead the regional loan servicing team and oversee servicing for all GCF credit facilities on the Bank's loan accounting system. In this role, you will manage and develop the team. You will set priorities, allocate work, and give the team clear direction, training, and support. You will also oversee the team's processing of cash transfers and reconciliations, making sure the work is accurate, controlled, and meets SLAs. You will serve as the regional point of escalation, monitor operational metrics, and partner with GCF leadership, IT, and stakeholders to strengthen processes, controls, and team performance. What you will be responsible for As an Vice President you will: Coordinate team to update loan accounting system for all new, renewing and terminating counterparties and lines of credit Analyze documentation to determine required data entry to loan accounting system · Review transactional documentation and process principal, interest and fee transactions on loan accounting system Execute cash movements via internal transfer and Fed wire/SWIFT Perform secondary review and approval of daily transactions and facility structure changes Reconcile general ledger accounts; document and resolve discrepancies timely Review and follow up on various exceptions Assist with management of Loan accounting system issues development with GCF IT support team Assist with regulatory reporting requests, audit requests, and assurance reviews Able to identify, mitigate, manage, resolve, and escalate risks and issues Efficiently manager operational metrics 4 days work from office per week Execute on strategic projects and initiatives in support of the Loan Servicing function. Manage the operation of the LIQ and SVS booking platforms, identifying enhancement possibilities and working internal IT partners and business stakeholders to ensure ongoing performance and functionality within the systems