Collateralized Loan Obligation (CLO), Officer

About the Role

This is a business analyst level role within the Structured Trust and Analytics group at State Street. The position interacts with all levels of professionals both internally and externally. Strong intrapersonal and communication skills are required. Candidates must understand structured finance transactions, have a strong client focus, be able to perform well under pressure, and successfully manage multiple assignments at one time.

Responsibilities

• Manage client relationships and generate new business leads
• Onboard new deals according to company and group procedures
• Train staff on deal mechanics and service requirements
• Manage client deliverables including oversight of:
  • Hypothetical trade tests
  • Monthly and quarterly reporting
  • Payment date calculations and distributions
• Manage and collaborate with internal groups at State Street
• Lead new initiatives and special projects

Qualifications

• Bachelor’s degree required, preferably in accounting, finance, or economics
• 3+ years of experience working within an investment firm
• Experience managing client relationships
• Experience overseeing staff and deliverables
• Experience managing and manipulating large amounts of data
• Experience creating Excel-based models to measure various tests and parameters outlined in legal documents, preferably related to CLOs/Bank Loans
• Experience interpreting and comprehending legal documentation such as Indentures, Credit Agreements, and Offering Memorandums
• Experience working with credit instruments (senior secured loans and high yield bonds)

Skills

• Strong work ethic and a positive attitude
• Excellent time management skills and ability to prioritize deadline-driven workflow
• Ability to work well within a team and operate independently on short- and long-term goals
• Detail-oriented and a natural problem solver; ability to independently research problems and offer solutions
• Excellent intrapersonal & communication skills – via phone and email
• Passion for improving systems and processes

Systems

• Wall Street Office
• MS Excel
• MS Outlook
• Solvas
• LoanOps Portal
• My State Street
• Bloomberg
• LS Fax
• Collaborate

About State Street

State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world. 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.

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. Our wealth of development programs and educational support will help you reach your full potential.

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. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity, and personality. Active engagement with our communities around the world is another fundamental value at State Street.

Pay

Salary Range: $60,000 - $101,250 Annual. The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location, the applicable range could differ.

Benefits

• Retirement savings plan (401K) with company match
• Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
• Paid-time off including vacation, sick leave, short term disability, and family care responsibilities
• Employee Assistance Program
• Incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans)
• Eligibility for certain tax advantaged savings plans
• Paid volunteer days
• Matching gift programs
• Access to employee networks