Collateralized Loan Obligation; CLO), Senior Associate

Position: Collateralized Loan Obligation (CLO), Senior Associate
Who we are looking for Under the supervision of the Assistant Vice President, the Structured Trust and Analytics, Senior Associate, is responsible for the day to day activities for a particular set of investment vehicles. Candidates should have some understanding of Structured Finance Transactions, have a strong client focus, be able to do well under pressure and successfully manage multiple assignments at one time

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 Liaise with Collateral Managers to strengthen relationships and generate new business leads

Assist in onboarding new deal closings per New Deal Setup Procedures Review analyst workflow

Train staff on proper servicing techniques

Assist management team with metrics and other administrative items

Perform analyst functions as necessary:

Run hypothetical trades per client instruction

Execute Excel/Solvas models to calculate CLO Concentration, Coverage, and Collateral Quality Tests Prepare quarterly waterfall disbursements

Advance relationships with clients, investors and internal groups within State Street Participate in special projects as assigned.

What we value

These skills will help you succeed in this roleA strong work ethic and a positive attitude

Excellent time management skills and ability to prioritize deadline-driven workflow

Ability to work well within a small group and operate independently on short- and long-term goals

Detail-oriented and a natural problem solver; have the resolve to independently research problems and offer solutions

Excellent intrapersonal & communication skills – via phone and email

Passion for improving systems and processes

Education &

Preferred Qualifications Bachelor’s degree required, preferably in accounting, finance, or economics2+ years of experience working within an investment firm Managing and manipulating large amounts of data in Excel Creating Excel-based models to measure various tests and parameters outlined in legal documents, preferable related to CLOs/Bank Loans Comprehending and interpreting legal documentation such as Indentures and Offering Memorandums Working with credit instruments (senior secured loans and high yield bonds);

and communicating with clients.

Systems:
Wall Street Office, MS Excel, MS Outlook, Solvas, Loan Ops Portal, My State Street, Bloomberg, LS Fax, Collaborate 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…