Job Description

Who we are looking for:

An experienced Subject Matter Expert (SME) to oversee Structured Finance - Collateralized Loan Obligations (CLOs) and fund transactions. The ideal candidate will ensure compliance with deal documents, including Waterfall Payment, collaborate with stakeholders and external auditors, and resolve issues with the Boston team. The Senior Associate – Team Lead within CLO will be responsible for managing daily operations of structured finance trusts, developing skills in deal processing, compliance testing, and data analytics.

Why this role is important to us:

The team you will be joining is part of State Street Global Services (SSGS). SSGS provides asset owners and managers with essential financial tools for effective investment solutions. Our services include core custody, accounting, fund administration, shareholder record-keeping, and complete operations solutions for alternative assets.

What you will be responsible for:

As Senior Associate – Team Lead you will:

- Process and review of CLO Deals

- Oversee day-to-day team operations and performance

- Manage a small cluster of 3-5 employees

- Develop strong relationships with the Boston team by producing high quality work and leading daily process development calls

- Monitor daily report completion and dissemination within specified Service Level Agreements (SLA)

- Comply with internal procedures and specified deadlines

- Lead new trainee hires as an SME

What we value:

These skills are required to succeed in this role:

- Knowledge of Collateral Loan Obligations, Structured Finance, Waterfall Payment, Financial Modelling, Securitization, ABS, MBS, CDO

- Knowledge of Loans in secondary market

- Complex reconciliation of cash and trade

- Excellent communication skills

- Analytical and problem-solving skills

Education & Preferred Qualifications:

- MBA in Finance/Bachelor’s degree or equivalent work experience in Accounting, Finance, Technical or related field preferred

- Minimum 5+ years of related experience in Structured Finance, Financial Modelling, Waterfall Payment, with knowledge in WSO (Wall Street Office)

- Experience managing a small team of 3-5 employees

- Strong oral and written communication skills

- Strong MS Excel skills

- Detail-oriented and able to work independently and in a team setting

- Ability to work in a deadline-oriented group with peak period workflow

Additional requirements:

- Detail-oriented and able to work both independently and in group settings

- Ability to manage projects and handle teams in the absence of Managers

About State Street:

State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world. We create innovative solutions in technology and product innovation, offering investment servicing, data & analytics, investment research & trading, and investment management to institutional clients.

Work, Live, and Grow:

We strive to create a great work environment with competitive and comprehensive benefits packages, which may include medical care, insurance, savings plans, and flexible work programs. Our development programs and educational support ensure you reach your full potential.

Inclusion, Diversity, and Social Responsibility:

We believe that diverse backgrounds, experiences, and perspectives contribute to creating an inclusive environment. We welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity, and personality. We engage actively with our communities globally, providing tools for balancing professional and personal life, including paid volunteer days, matching gift programs, and access to employee networks.

State Street is an equal opportunity and affirmative action employer.

For further information, and to apply, please visit our website via the “Apply” button below.