Collateralized Loan Obligation (CLO), Officer

State Street•Quincy, MA

5d•$60,000 - $101,250

About The Position

This is a business analyst-level role within State Street’s Structured Trust and Analytics group. The position works with professionals at all levels, both internally and externally, and requires a strong client focus, communication skills, the ability to work under pressure, and the ability to manage multiple assignments. Candidates should understand structured finance transactions. The role manages client relationships and deal onboarding, oversees client deliverables, trains staff on deal mechanics and service requirements, collaborates with internal State Street groups, and leads initiatives and special projects.

Requirements

Bachelor’s degree required.
At least 3 years of experience working within an investment firm.
Experience managing client relationships.
Experience overseeing staff and deliverables.
Ability to manage and manipulate large amounts of data.
Experience creating Excel-based models to measure tests and parameters outlined in legal documents.
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 interpersonal and communication skills, including communication by phone and email.
Strong time-management skills and the ability to prioritize deadline-driven workflows.
Ability to work effectively on a team and independently toward short- and long-term goals.
Detail-oriented problem-solving ability, including independently researching problems and offering solutions.
Strong work ethic and positive attitude.
Passion for improving systems and processes.

Nice To Haves

A bachelor’s degree in accounting, finance, or economics is preferred.
Experience creating Excel-based models related to CLOs or bank loans is preferred.

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 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.

Benefits

Competitive and comprehensive benefits, varying by location.
Retirement savings plan (401K) with company match.
Basic life, medical, dental, vision, and long-term disability insurance, with optional additional coverages.
Paid time off, including vacation, sick leave, short-term disability, and family care responsibilities.
Employee Assistance Program.
Eligibility for annual performance-based incentive awards, excluding certain sales roles subject to sales incentive plans.
Eligibility for certain tax-advantaged savings plans.
Flexible Work Programs and flexible work-life support.
Development programs and educational support.
Paid volunteer days.
Matching gift programs.
Employee networks.