Structured Trust and Analytics Associate 2

State Street • Quincy, MA

2d

About The Position

Under the supervision of the Assistant Vice President, the Structured Trust and Analytics, Associate 2, 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 As Structured Trust and Analytics, Associate 2 you will Run hypothetical trades through Excel/SOLVAS-based models and communicate results to the client; Create and update Excel-based models based on CLO Warehouse/Indenture documents; Execute Excel/CDO Suite models daily to calculate CLO Concentration, Coverage, and Collateral Quality Tests; Liaise with Collateral Managers and Auditors to reconcile data and produce monthly trustee reports and quarterly payment distribution reports for CLO investors; 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 role 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.

Requirements

• 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.
• Ability to managing and manipulate large amounts of data in Excel
• Ability to create Excel-based models to measure various tests and parameters outlined in legal documents, preferable related to CLOs/Bank Loans
• Ability to comprehend and interpret legal documentation such as Indentures and Offering Memorandums
• Ability to work with credit instruments (senior secured loans and high yield bonds)
• Strong communication skills / ability to work with clients.
• Systems: Wall Street Office, MS Excel, MS Outlook, SOLVAS, LoanOps Portal, My State Street, Bloomberg, LS Fax, Collaborate

Responsibilities

• Run hypothetical trades through Excel/SOLVAS-based models and communicate results to the client
• Create and update Excel-based models based on CLO Warehouse/Indenture documents
• Execute Excel/CDO Suite models daily to calculate CLO Concentration, Coverage, and Collateral Quality Tests
• Liaise with Collateral Managers and Auditors to reconcile data and produce monthly trustee reports and quarterly payment distribution reports for CLO investors
• Advance relationships with clients, investors and internal groups within State Street
• Participate in special projects as assigned

Benefits

• Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our 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 (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

What This Job Offers

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