Collateralized Loan Obligation (CLO), Assistant Vice President

Who we are looking for

This is a senior level management role within the Structured Trust and Analytics group at State Street. 

The position interacts with all levels of professionals both internally and externally.  Therefore, strong intrapersonal and communication skills are required.  Candidates must understand structured finance transactions, have a strong client focus, be able to perform well under pressure and successfully manage multiple assignments at one time. 

What you will be responsible for

• 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:
• Manage and collaborate with internal groups at State Street
• Lead new initiatives and special projects

• Hypothetical Trade Tests

• Monthly and quarterly reporting
• Payment date calculations and distributions.

What We Value

• 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 team 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

Education & Preferred Qualifications

• Bachelor’s degree required, preferably in accounting, finance, or economics
• 5+ years of experience working within an investment firm

• Managing Client Relationships

• Overseeing staff and deliverables 
• Managing and manipulate large amounts of data
• Creating Excel-based models to measure various tests and parameters outlined in legal documents, preferable related to CLOs/Bank Loans
• Interpreting and comprehending legal documentation such as Indentures and Offering Memorandums
• Working with credit instruments (senior secured loans and high yield bonds)
• Systems: Wall Street Office, MS Excel, MS Outlook, Solvas, LoanOps Portal, My State Street, Bloomberg, LS Fax, Collaborate

Salary Range:

$90,000 - $165,000 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.