Asset Owners and Insurance Lending – Global Credit Finance, Vice President

Who we are looking for

The Global Credit Finance (GCF) division at State Street provides a range of financial solutions to support clients across the bank. We are a global division with approximately 150 employees in various locations worldwide.

The Asset Owner and Insurance Lending team within GCF provides liquidity and credit solutions to a diverse set of State Street clients across the asset owner and insurance segments, including municipalities, non‑profits, corporates, and insurance companies. We are seeking a Vice President to serve as the credit officer responsible for independent credit risk oversight across this portfolio. The role spans the full credit lifecycle, encompassing underwriting, credit approval, and ongoing portfolio surveillance, with responsibility for maintaining strong credit quality and adherence to risk standards.

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 an Asset Owner and Insurance Lending VP in Global Credit Finance you will be responsible for the following:

• Oversee credit approval process for new credit exposures and modifications, including renewals, amendments, and waivers, supported by comprehensive written credit analyses and clear risk recommendations
• Monitor portfolio credit quality through ongoing surveillance, annual reviews, internal risk ratings, and proactive identification and escalation of emerging risks
• Ensure adherence to credit policies and underwriting standards, advising on policy enhancements as needed
• Prepare reporting, analytics, and management updates on portfolio, including any watch list exposures, for senior management and risk committees, as appropriate
• Train and provide mentorship to junior staff on credit processes

What we value

These skills will help you succeed in this role

• Strong first line credit risk expertise
• Excellent analytical and communication (written and verbal) skills
• Effective collaboration with relationship managers and internal partners
• Sound credit judgment in applying policies and risk appetite to individual exposures and the broader portfolio
• Understanding of banking regulations and compliance requirements applicable to commercial lending

Education & Preferred Qualifications

• Bachelor’s degree in finance, business, economics, accounting, or a related field; MBA, CFA, or similar advanced credential preferred
• 8–10 years of credit experience in a commercial lending environment, including corporate, municipal, insurance, and/or not‑for‑profit exposures
• Formal credit training program experience preferred

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 aroun