Structured Trust and Analytics (CLO Team), Senior Associate

State Street • Quincy, MA

8d

About The Position

Structured Trust and Analytics (CLO Team), Senior Associate. This role involves liaising with Collateral Managers, assisting with new deal closings, reviewing analyst workflow, training staff, and performing analyst functions. The position also requires advancing client relationships and participating in special projects. State Street is a global company that helps institutional investors manage risk, respond to challenges, and drive performance and profitability. They are committed to fostering an environment where every employee feels valued and empowered to reach their full potential, offering inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks.

Requirements

• 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)
• Communicating with clients
• A 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

Responsibilities

• 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

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
• access to our Employee Assistance Program
• incentive compensation including eligibility for annual performance-based awards
• paid volunteer days

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed