Middle Office Loan Associate 2 jobs in United States
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State Street · 1 week ago

Middle Office Loan Associate 2

positionClifton, NJ
timeFull-time
remoteOnsite
seniorityNew Grad, Entry Level
money$42K/yr - $67K/yr
date0+ years exp

State Street is one of the largest custodian banks and asset managers in the world, focused on providing investment servicing and management solutions. The Middle Office Loan Associate 2 role involves processing trade files, verifying loan trades, and managing the loan lifecycle while collaborating with global teams.

BankingFinanceFinancial Services

Responsibilities

Processing trade file transmitted by the Fund daily on trade-date
Verifying loan trades to LMA/LSTA documentation and processing trade settlement based on funding memos
Verifying and processing of loan lifecycle such as Interest, Paydowns, PIK, Drawdowns to agent notices
To review and resolve daily reconciliation breaks by liaising the client and NAV teams as required
Ensuring Loans are pricing in accordance with the pricing matrix
Active involvement within multiple global team ongoing projects

Qualification

Financial products knowledgeTrade file processingTrade confirmationReconciliation skillsPricing knowledgeComputer skillsSuperior communication skillsWork in fast paced environment

Required

Bachelor's degree
0-2 years of experience
Working knowledge of financial products
Excellent computer skills
Superior communication skills
Ability to work in a fast paced, demanding environment
Must be comfortable working in a dispersed and virtual team environment

Benefits

401K with company match
Basic life insurance
Medical insurance
Dental insurance
Vision insurance
Long-term disability insurance
Paid-time off including vacation
Sick leave
Short term disability
Family care responsibilities
Employee Assistance Program
Incentive compensation including eligibility for annual performance-based awards
Eligibility for certain tax advantaged savings plans

Company

State Street

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State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
dateFounded in 1792
location
Boston, Massachusetts, USA
people-size10001+ employees
web-link
https://www.statestreet.com/

Funding

Current Stage
Public Company
Total Funding
$12.05B
2025-10-23Post Ipo Debt· $1B
2025-04-24Post Ipo Debt· $2B
2025-02-06Post Ipo Equity· $750M

Leadership Team

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Ronald O'Hanley
Chairman and Chief Executive Officer
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Renee LaRoche-Morris
Senior Vice President, Chief of Staff to the COO; Head of CAO Services
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Recent News

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2026-01-22
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2026-01-22
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State Street And Qnb Group Sign Strategic Agreement To Launch New Custody Servicing Model
2026-01-22
Company data provided by crunchbase