Subscription Finance, Senior Associate

State Street • Boston, MA

7d • Hybrid

About The Position

The Senior Associate on State Street Global Credit Finance’s Subscription Finance team supports one of the division’s largest and most strategic lending product groups. The team provides capital call and other fund-level lending solutions to private equity sponsors, private credit managers, and hedge fund and fund-of-funds managers. The role offers the opportunity to work on complex transactions, develop expertise in fund finance, and build relationships with alternative asset managers globally. The successful candidate brings strong quantitative and analytical skills, a positive attitude, and the ability to collaborate across Credit, Relationship Management, Legal, Operations, Risk, and Portfolio Management. The position follows a hybrid schedule of four days per week in the Boston office and one remote workday.

Requirements

• Strong quantitative and analytical thinking, including the ability to assess complex financial and credit-related information, especially using Microsoft Excel.
• Exceptional problem-solving skills and willingness to take ownership of challenges.
• Positive attitude, intellectual curiosity, and desire to continuously learn and develop expertise.
• Strong communication and relationship-building skills, with the ability to collaborate effectively across teams and seniority levels.
• Undergraduate degree in Finance, Economics, Statistics, or a related discipline.
• 1–4 years of experience in the Financial Services industry.

Responsibilities

• Support the underwriting, structuring, execution, and documentation of subscription finance facilities for private equity, hedge fund, and fund-of-funds clients.
• Perform credit analysis and financial due diligence on fund sponsors, investors, and underlying portfolios for new transactions and portfolio management activities.
• Monitor and manage an existing portfolio of subscription finance facilities, including ongoing surveillance, covenant compliance, risk assessment, and periodic credit reviews.
• Support deal origination efforts, identify financing opportunities, and help deliver capital call lending solutions.

Benefits

• Retirement savings plan (401K) with company match.
• Insurance coverage including basic life, medical, dental, vision, and long-term disability, as well as optional additional coverages.
• Paid time off including vacation, sick leave, short-term disability, and family care responsibilities.
• Access to the Employee Assistance Program.
• Incentive compensation, including eligibility for annual performance-based awards, with certain sales-role exclusions.
• Eligibility for certain tax-advantaged savings plans.
• Inclusive development opportunities, flexible work-life support, paid volunteer days, and employee networks.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior