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CLO, Private Credit, & Investment Advisor Lending, Assistant Vice President

Statestreet
Boston, Massachusetts VP Full-time

Who we are looking for

Global Credit Finance (GCF) is the lending division of State Street. Our mandate is to attract, serve, and retain State Street's clients through the extension of credit, while optimizing the profitability of a portfolio of loans constructed within balance sheet and risk appetite constraints.

The team you will be joining plays an important role in the overall success of Global Credit Finance and the organization. CLO & Private Credit Lending sits within GCF and is a key driver of revenue for the division. The team provides loans to some of the world’s leading asset managers. The products include Collateralized Loan Obligations (CLOs), Private Credit (BDC and Direct Lending) Facilities, GP level loans.

You will be responsible for:

  • Involvement with a wide range of activities related to credit analysis, portfolio surveillance, and reporting
  • Oversee loan closings by coordinating with internal and external parties
  • Maintain the deal pipeline and compliance documentation
  • Assist with underwriting, due diligence, and legal documentation of new and existing loans
  • Assist in the presentation and defense of credit recommendations
  • Work closely with team to continue to develop industry knowledge as well as underwriting and portfolio management skills
  • Handle assigned projects

What we value:

  • Detail-oriented, with strong communication, and organization skills
  • Ability to manage and prioritize multiple deliverables simultaneously
  • Strong analytical and problem-solving skills

Education & Preferred Qualifications

  • 5+ years of experience in credit analysis or related finance experience
  • Degree in Business, Economics, Finance or liberal arts; MBA or CFA a plus but not required  
  • Proficiency with Excel and PowerPoint
  • Team player with a positive attitude and desire to learn
  • Experience in credit markets, loan structuring, and legal documentation a plus
  • Familiarity with securitizations, private equity, or private debt a plus

Salary Range:

$90,000 - $157,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (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); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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