✦ Luna Orbit — Finance & Accounting

Alternative Investment Services Bank Loans Operations, Officer

at State Street

Unknown 💰 $70K – $122K USD / year Posted April 17, 2026
Salary $70K – $122K USD / year
Type Full-Time
Experience mid
Exp. Years At least 5 years of related Custody and/or Fund Accounting experience
Education Equivalent to a BS degree in Finance, Business or related field
Category Finance & Accounting

This role is responsible for day-to-day management of a functional team within Alternative Investment Services Bank Loans Operations and ensuring Shared Services production activities run smoothly. The Officer acts as the primary escalation point for operational issues, supports compliance/fiduciary reviews and audits, and coordinates implementations for new funds and client conversions.

  • Account for day-to-day management of functional team(s) and service delivery
  • Act as primary contact and key escalation point for operational issues
  • Manage/escalate issues related to CoEs and Shared Services
  • Coordinate implementation of new funds, systems, and processes plus assist with client conversions
  • Identify unusual/potentially suspicious transaction activity and report/escalate per policy

The role focuses on operational execution within Fund Accounting and Custody workflows, including transaction monitoring and escalation of potentially suspicious activity. It also involves implementing operational best practices, coordinating process/system changes, and supporting audits through compliance and fiduciary review activities.

The ideal candidate for this Officer role has 5+ years of related Custody and/or Fund Accounting experience, including prior management or supervisory exposure. They can lead day-to-day Shared Services production and act as a primary escalation point for operational issues, while demonstrating strong compliance and audit readiness and the ability to identify potentially suspicious transaction activity.

Knowledge of securities language and legal requirementsSolid understanding of operational functions within Fund AccountingAt least 5 years of related Custody and/or Fund Accounting experienceManagement or supervisory capacity (part of the 5+ years)
Computer software applications (unspecified)
Fund AccountingCustodyoperational functions within Fund AccountingShared ServicesCoE escalationscompliance/fiduciary reviewsauditssuspicious transaction activity identificationclient conversionsnew funds implementationsystems and processesperformance appraisalssecurities languagelegal requirements
Fund AccountingCustodyOperational functions within Fund AccountingClient conversionsSecurities languageComplianceFiduciary reviews and auditsTransaction monitoringSuspicious transaction activity identificationPerformance appraisalsShared Services production activitiesCoE escalationsNew funds implementation
Interpersonal skillsOrganizational skillsManagement skillsPrimary contact and escalation pointTechnical expertise communicationTraining and developmentCoaching and developmentTeam motivationCommittee participation
Industry Banking
Job Function Lead daily operations delivery and escalation management for Bank Loans-related Alternative Investment Services within Fund Accounting and Custody.
Role Subtype Operations Specialist
Alternative Investment Services Bank Loans OperationsOfficerBank Loans OperationsFund AccountingCustodyOperational functions within Fund AccountingShared ServicesShared Service Associate IShared Service Associate IIShared Service Senior AssociateCoE'sShared Service internal meetingsOperational best practicesCompliance/fiduciary reviewsauditssuspicious transaction activityreport and/or escalatesecurities languagelegal requirementsclient conversionsnew fundssystems and processesperformance appraisalstechnical expertiseCoE escalations

At least 5 years of related Custody and/or Fund Accounting experience, Management or supervisory capacity included in the 5+ years, Equivalent to a BS degree in Finance, Business or related field

Apply for this Position →

Get matched to jobs like this

Luna finds roles that fit your skills and career goals — no endless scrolling required.

Create a Free Profile