State Street Corporation

Collateralized Loan Obligation (CLO), Officer

State Street Corporation$60K — $101K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in accounting, finance, or economics
  • 3+ years experience in an investment firm
  • Proven ability to manage client relationships
  • Skilled in overseeing staff and deliverables
  • Experienced in managing large data sets
  • Proficient in creating Excel-based financial models
  • Familiar with legal documentation related to finance

Responsibilities

  • Manage and foster client relationships to drive new business
  • Onboard new deals following established procedures
  • Train team members on deal mechanics and service needs
  • Oversee client deliverables such as trade tests and reports
  • Collaborate with internal teams at State Street
  • Lead special projects and initiatives

Benefits

  • 401K retirement plan with company match
  • Comprehensive health insurance including medical, dental, vision
  • Paid time off including vacation and sick leave
  • Access to Employee Assistance Program
  • Annual performance-based incentive compensation
  • Eligibility for tax-advantaged savings plans
Full Job Description

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. 

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:

    • 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

  • 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

  • 3+ 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, Credit Agreements 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:

$60,000 - $101,250 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.

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 .

About State Street Corporation

State Street Corporation Careers

Join the dynamic team at State Street Corporation, a leading financial services provider known for its commitment to innovation, leadership, and professional growth. As a global powerhouse in investment management and servicing, we offer unparalleled job opportunities that propel your career to new heights.

Work You’ll Do

At State Street Corporation, you’ll be part of a culture that values diversity, leadership, and continuous professional development. Engage in work that transforms the financial landscape and helps our clients achieve their investment goals. Our team at State Street is at the forefront of combining industry expertise with cutting-edge technology to deliver exceptional service and results.

Explore Our Job Opportunities

Whether you’re looking for an entry-level position or a senior role, State Street Corporation offers a range of career paths in areas such as asset management, data analytics, finance, and technology. Our hiring process is designed to identify and nurture talent, focusing on your skills and potential. Prepare your resume, ace the interview, and join a team that’s committed to your career growth.

Internship Programs

Kickstart your career with a State Street internship. Our programs provide hands-on experience, networking opportunities, and professional mentoring in a real-world setting. Interns at State Street gain valuable insights and skills that make them competitive candidates for full-time positions within our company.

Benefits and Growth

State Street Corporation is dedicated to the growth and well-being of our employees. We offer a comprehensive benefits package that supports both your professional and personal life. From advanced career training and leadership development programs to health and wellness benefits, we ensure that our team members have the resources they need to succeed.

Inclusive Culture and Diversity

We pride ourselves on fostering an inclusive environment where every employee can thrive. Diversity is not just embraced; it’s celebrated. At State Street, you’ll work alongside a diverse group of professionals who bring a wide range of perspectives and ideas to the table. Our diversity training programs are designed to enhance collaboration and innovation across our global team.

Stay Connected

Join Our Team Discover the career you’ve always wanted by exploring the job opportunities at State Street Corporation. We look for driven, curious, and innovative team players who are ready to make an impact. Search State Street jobs now and find the position that best matches your skills and interests. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. Our careers blog provides you with the latest trends, tools, and advice to keep you ahead in your professional journey.

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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at State Street Corporation, where your career development is our priority. Join State Street Corporation and be part of a team that values innovation, leadership, and a commitment to excellence. Your future in the financial services industry starts here.
Learn more about State Street Corporation
Size
39,335 employees
Market Cap
$28.4 billion
Industry
Net Income
$2.4 billion
Founded
1792
5 Year Trend
-4.9%
NASDAQ

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