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Collateralized Loan Obligation – Senior Associate – Clo
| Company | State Street |
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| Location | Boston, MA, USA |
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| Salary | $52000 – $94120 |
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| Type | Full-Time |
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| Degrees | Bachelor’s |
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| Experience Level | Junior, Mid Level |
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Requirements
- Understanding of Structured Finance Transactions
- Strong client focus
- Ability to manage multiple assignments under pressure
- Excellent time management skills
- Detail-oriented and a natural problem solver
- Excellent intrapersonal & communication skills – via phone and email
- Passion for improving systems and processes
- Bachelor’s degree required, preferably in accounting, finance, or economics
- 2+ years of experience working within an investment firm
- Managing and manipulating large amounts of data in Excel
- Creating Excel-based models to measure various tests and parameters outlined in legal documents, preferable related to CLOs/Bank Loans
- Comprehending and interpreting legal documentation such as Indentures and Offering Memorandums
- Working with credit instruments (senior secured loans and high yield bonds)
Responsibilities
- Liaise with Collateral Managers to strengthen relationships and generate new business leads
- Assist in onboarding new deal closings per New Deal Setup Procedures
- Review analyst workflow
- Train staff on proper servicing techniques
- Assist management team with metrics and other administrative items
- Perform analyst functions as necessary: Run hypothetical trades per client instruction, Execute Excel/Solvas models to calculate CLO Concentration, Coverage, and Collateral Quality Tests, Prepare quarterly waterfall disbursements
- Advance relationships with clients, investors and internal groups within State Street
- Participate in special projects as assigned.
Preferred Qualifications
- Familiarity with Wall Street Office, MS Excel, MS Outlook, Solvas, LoanOps Portal, My State Street, Bloomberg, LS Fax, Collaborate
