Collateralized Loan Obligation (CLO) Analyst, Officer

State Street•Quincy, MA

About The Position

This is a business analyst-level role in State Street’s Structured Trust and Analytics group within State Street Global Services. The position interacts with professionals at all levels, both internally and externally, and requires an understanding of structured finance transactions, strong client focus, and the ability to perform under pressure while managing multiple assignments. The role manages client relationships and deal onboarding, oversees client deliverables and staff training, and collaborates with internal State Street groups. It also leads new initiatives and special projects. Work includes managing hypothetical trade tests, monthly and quarterly reporting, payment-date calculations and distributions, and creating Excel-based models to measure transaction tests and parameters described in legal documents. State Street describes its benefits as competitive and comprehensive, with details varying by location. Listed benefits include retirement savings with company matching, insurance coverage, paid time off, an Employee Assistance Program, incentive compensation eligibility, tax-advantaged savings plans, flexible work programs, educational and development support, paid volunteer days, matching gift programs, and employee networks.

Requirements

Understand structured finance transactions.
Strong client focus and ability to perform well under pressure while managing multiple assignments.
Ability to manage client relationships and oversee staff and deliverables.
Ability to manage and manipulate large amounts of data.
Ability to interpret and comprehend legal documentation, such as Indentures, Credit Agreements, and Offering Memorandums.
Experience working with credit instruments, including senior secured loans and high-yield bonds.
Strong work ethic and positive attitude.
Excellent time-management skills and ability to prioritize deadline-driven workflow.
Ability to work well within a team and independently on short- and long-term goals.
Detail-oriented, naturally resourceful problem solver able to research problems independently and offer solutions.
Excellent interpersonal and communication skills, including by phone and email.
Interest in improving systems and processes.

Nice To Haves

Experience creating Excel-based models to measure tests and parameters in legal documents, preferably related to CLOs or bank loans.
Systems experience with Wall Street Office, MS Excel, MS Outlook, CDO Suite, LoanOps Portal, My State Street, Bloomberg, LS Fax, and Collaborate.

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, and payment-date calculations and distributions.
Manage and collaborate with internal groups at State Street.
Lead new initiatives and special projects.
Oversee staff and deliverables.
Manage and manipulate large amounts of data.
Create Excel-based models to measure tests and parameters outlined in legal documents.

Benefits

401(k) retirement savings plan with company match.
Medical insurance.
Dental insurance.
Vision insurance.
Basic life insurance and other optional insurance coverages.
Long-term disability coverage.
Paid time off, including vacation and sick leave.
Paid short-term disability and leave for family care responsibilities.
Employee Assistance Program.
Eligibility for annual performance-based incentive awards, subject to role-specific exclusions or plans.
Access to certain tax-advantaged savings plans.
Flexible work programs.
Development programs and educational support.
Paid volunteer days.
Matching gift programs.
Employee networks.
Inclusive development opportunities and work-life support.