Description

Who we are looking for
The Global Credit Finance team oversees a portfolio of 10 different products with over $104B of notional commitments. Its 150+ 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.

What you will be responsible for
As the Credit Services, VP, you will:

• Grow and manage portfolio of fund level credit facilities to mutual funds and alternative investments funds.
• Work closely with Sales and Relationship Management teams across STT to identify and develop cross-sell opportunities and ensure client retention.
• Manage due diligence process and underwriting of regulated mutual fund and margin loan credit facilities, including successful legal documentation.
• Present and liaise effectively with respective deal committees and stakeholders internally such as operations, legal, risk management, etc.
• Take a lead role in portfolio administration, project management, jurisdictional expansions and new product development.
• Network within the fund finance and investment management industries, to promote and strengthen State Street's reputation, develop strong relationships and source lending opportunities, including bilateral, syndicated and participated transactions.
• Provide effective portfolio oversight and management reporting in accordance with State Street risk framework.
• Communicate effectively, both verbally and in writing on specific business initiatives and transactions.
• Manage ongoing relationships with clients and assist in developing new credit products and solutions for clients.
• Provide mentorship to AVP, Officer and Senior Associate members of the team.

Education & Preferred Qualifications

• Lending industry knowledge and experience in credit structuring and relationship management.
• Fund Finance industry knowledge and solid understanding of US/European mutual fund regulations required.
• Degree in Business, Economics, Finance or liberal arts; MBA or CFA a plus but not required.
• Minimum of 10+ years of commercial lending/credit experience; prior mutual finance lending and or syndication experience is highly desirable.
• Credit Training preferred.

What we value
These skills will help you succeed in this role

• Demonstrated expertise in credit markets, commercial loan structuring, risk assessment, and legal documentation.
• Strong analytical, credit underwriting and problem-solving skills.
• Excellent interpersonal, organizational and communication skills.
• Ability to interface personally and professionally with clients at the C-Suite level.
• Ability to develop business relationships within and outside of the organization.
• Experience in subscription credit facility origination/underwriting
• Knowledge of FX Derivatives and other capital markets a plus.
• Familiarity with KYC/AML.
• A positive attitude, a client service mindset and high level of attention to details.
• Strong excel skills and prior Salesforce experience is desirable.

Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

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.