Collateralized Loan Obligation (CLO) Analyst, Officer
State Street
Who we are looking for
This is a business analyst level 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.
Why this role is important to us
The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities. 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
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
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Manage client deliverables including oversight of:
Hypothetical trade tests
Monthly and quarterly reporting
Payment date calculations and distributions.
Manage and collaborate with internal groups at State Street.
Lead new initiatives and special projects.
What we value
These skills will help you succeed in this role
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, Credit Agreements and Offering Memorandums.
Working with credit instruments (senior secured loans and high yield bonds).
Education & Preferred Qualifications
Systems experience: Wall Street Office, MS Excel, MS Outlook, CDO Suite, LoanOps Portal, My State Street, Bloomberg, LS Fax, Collaborate
Additional 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 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.
Salary Range:
$60,000 - $90,000 AnnualThe 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.
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.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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