State Street · 1 month ago
Collateralized Loan Obligation (CLO), Senior Associate
Quincy, Massachusetts
Full-time
Onsite
Mid, Senior Level
$52K/yr - $94K/yr
2+ years expState Street is a global leader in financial services, helping institutional investors manage risk and drive performance. The Senior Associate in Structured Trust and Analytics will oversee day-to-day activities for investment vehicles, strengthen client relationships, and assist in onboarding new deals while managing multiple assignments efficiently.
BankingFinanceFinancial Services
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
Qualification
Required
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); and communicating with clients
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 small group 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
Systems: Wall Street Office, MS Excel, MS Outlook, Solvas, LoanOps Portal, My State Street, Bloomberg, LS Fax, Collaborate
Benefits
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)
Eligibility for certain tax advantaged savings plans
Flexible work-life support
Paid volunteer days
Company
State Street
State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$12.05B2025-10-23Post Ipo Debt· $1B
2025-04-24Post Ipo Debt· $2B
2025-02-06Post Ipo Equity· $750M
Leadership Team
Ronald O'Hanley
Chairman and Chief Executive Officer
R
Renee LaRoche-Morris
Senior Vice President, Chief of Staff to the COO; Head of CAO Services
Recent News
Business Recorder
2026-01-17
Morningstar.com
2026-01-17
Company data provided by crunchbase