Global Credit Finance Regulatory Reporting, Officer 1

at  State Street

Who we are looking for
Global Credit Finance (GCF) Regulatory Reporting Officer on our Business Support Team, to contribute to management of the program and execution of reporting for applicable GCF regulatory schedules. This position will be part of a team 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, Officer will

• Contribute to review of existing Borrower-In-Custody (BIC) Pledging reporting process and develop appropriate processes and data sourcing model based on assessment of program reporting requirements
• Execute 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 documentation
• Review 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 capture
• Recommend and implement modifications of reporting logic based on complex analysis of portfolio data
• Ensure data quality oversight and analysis by leading execution of controls
• Assist with responses to internal and external reviews of GCF regulatory reporting and execution of remediation plans
• Collaborate 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 preferred
• 5+ years of financial services experience
• Proficiency in data management and reporting
• Familiarity with credit lending products is required
• Working knowledge of the syndicated bank loan market and systems
• Ability to think critically to understand existing processes and identify opportunities for improvement
• Ability to manage and prioritize multiple tasks
• Ability to clearly articulate ideas to internal and external audiences
• Strong analytical and problem-solving skills
• Proficiency 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/career

Please refer the Job description for details