Collateralized Loan Obligation (CLO), Senior Associate
$52k/y-$94k/y
2 days ago
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OnsiteFull-timeMid
Summary
State Street is seeking a Senior Associate for Collateralized Loan Obligation (CLO) to join their team in Quincy, MA. The role involves managing day-to-day activities for investment vehicles and requires a strong understanding of Structured Finance Transactions.
About the Role
As a Senior Associate, you will liaise with Collateral Managers, assist in onboarding new deals, review analyst workflows, train staff, and perform analyst functions such as running hypothetical trades and executing Excel/Solvas models. You will also prepare quarterly disbursements and advance relationships with clients and internal groups.
About You
Required:
- Bachelor’s degree in accounting, finance, or economics.
- 2+ years of experience working within an investment firm.
- Strong client focus and ability to manage multiple assignments under pressure.
Preferred:
- Experience in managing and manipulating large amounts of data in Excel.
- Ability to create Excel-based models related to CLOs/Bank Loans.
- Familiarity with legal documentation such as Indentures and Offering Memorandums.
Benefits
- Comprehensive benefits package including medical, dental, and vision coverage.
- Retirement savings plan (401K) with company match.
- Paid-time off including vacation, sick leave, and family care responsibilities.
- Access to Employee Assistance Program and eligibility for annual performance-based awards.
State Street
At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future.
Quincy, MA