Alternative Investment Services Core Operations, Senior Associate
State Street
Quincy, MA, US
Base: $52,000 - $94,120 annual; bonus/equity: not ...
Structured finance transactions knowledge
Client relationship management
Excel-based financial modeling
The Senior Associate is responsible for managing daily activities related to specific investment vehicles under the supervision of the Assistant Vice President
Job Summary
The Senior Associate is responsible for managing daily activities related to specific investment vehicles under the supervision of the Assistant Vice President.
Employees benefit from a comprehensive benefits program including retirement plans with company match, insurance coverage, paid time off, employee assistance programs, and incentive compensation.
State Street fosters an inclusive environment with development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks.
Matching Summary
The Senior Associate is responsible for managing daily activities related to specific investment vehicles under the supervision of the Assistant Vice President.
Salary
Base: $52,000 - $94,120 Annual; Bonus/Equity: Not specified; Benefits: Comprehensive benefits including retirement plan, insurance, paid time off, and incentive compensation
Skills & Requirements
Must-have
Structured Finance Transactions knowledge
Client relationship management
Excel-based financial modeling
CLO Concentration and Coverage testing
Legal documentation interpretation
Collateral quality assessment
Use of Wall Street Office and Solvas systems
Nice-to-have
Strong work ethic and positive attitude
Excellent time management skills
Independent problem solving
Effective communication via phone and email
Passion for process improvement
Key Requirements
Bachelor’s degree in accounting, finance, or economics
2+ years experience in investment firm
Experience managing large data sets in Excel
Experience with CLOs and bank loans
Ability to interpret Indentures and Offering Memorandums
Experience with credit instruments such as senior secured loans and high yield bonds