Credit Services, Vice President
Who we are looking for:Join a team dedicated to extending credit products to existing and potential clients of State Street. Your work will contribute to maintaining and growing our relationships – the heart and soul of State Street’s strategy.The Global Credit Finance (GCF) division is made up of more than 150 employees in various locations across the globe. It provides a range of credit lending products to potential and existing clients of State Street. The business extends credit to clients from a wide range of products and industries including Fund Finance, Private Credit, Commercial Real Estate, Leveraged Loans, Municipal Finance and Stable Value Wrap.An incoming Loan Officer, VP on the team should possess a positive attitude with strong structuring, credit, negotiation and legal LMA documentation skills. The successful candidate will have an ability to work effectively with internal and external stakeholders to work on participations in syndicated, bilateral or agented credit facilities. The role works in a hybrid model 3 days from office. Primary work location is Milan, Italy. We are also open to consider candidates from Munich or Frankfurt, Germany, or Luxembourg.MAJOR RESPONSIBILITIES:As a Fund Finance Loan Officer; structure, underwrite, negotiate and manage credit arrangements for new business and renewals of existing credit arrangements for assigned transactions.Provide effective portfolio oversight and management reporting.Communicate effectively on specific business initiatives and client transactions.Collaborate with internal stakeholders in Credit Risk, Legal, GCF Loan Operations and GCF Middle Office on various issues.REQUIREMENTS: lending industry knowledge and experience in Fund Finance structuring, legal documentation and credit underwriting.Education and ExperienceDegree in Business, Economics, Finance, Maths;MBA or CFA a plus but not required. Minimum of 8+ years of Credit/Fund Finance lending experience.Credit Training a plus.Skills/KnowledgeDemonstrated experience in Credit and Fund Finance work.Strong financial credit analysis, analytical, credit underwriting and problem-solving skills.Expertise in LMA legal documentation.Strong negotiation skills.Excellent interpersonal, organizational and communication skills and ability to present and explain complex transactions.A positive attitude, a client service mindset and high level of attention to detail.Knowledge of EU and UK regulatory frameworks.Minimum Salary:0 AnnualThe minimum salary quoted above applies to the role in the primary location specified. If the successful candidate ultimately works outside of this primary location, the applicable minimum salary may differ.Salary will be determined based on factors such as the position, type of work performed, individual skills, job description, working hours, diligence, initiative, self-management, length of employment, availability, and the quantity and quality of work delivered, as well as other objective and non-discriminatory criteria relevant to State Street employees.In addition to base salary, employees may, subject to applicable local laws, company policies, and plan terms, be eligible for a country-aligned benefits package and may be considered, at the Company’s sole discretion, for discretionary annual performance-based awards.About State StreetAcross the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.Discover more information on jobs at StateStreet.com/careersRead our CEO StatementSummaryLocation: Milan, Italy; Frankfurt, Germany; Munich, Germany; LuxembourgType: Full time
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