State Street Corporation
Junior Leveraged Loan Portfolio Manager, AVP - State Street Global Advisors
State Street Corporation, Boston, Massachusetts, us, 02298
We are looking for a new team member to join the Fixed Income Beta Solutions Investment Team within State Street Global Advisors (SSGA) in Boston. You will join a dynamic, successful, collaborative team of investment professionals, managing SSGA's index fixed income portfolios, bringing market-leading solutions to our clients.The Global Fixed Income team comprises a team of over 100 investment professionals in eight global locations. The Fixed Income Beta Solutions Team manages $555 billion in fixed income ETFs, mutual funds and mandates (as of June 30, 2023) across a broad spectrum of products on behalf of a wide range of clients.State Street Global Advisors is one of the industry's largest institutional asset managers is the investment management arm of State Street Bank and Trust Company a wholly owned subsidiary of State Street Corporation a leading provider of financial services to institutional investors.We employ a diverse group of investment professionals within our 26 worldwide locations and 10 investment centers. As an organization we are committed to corporate social responsibility. Active engagement with our communities around the world both as a partner and a leader is a fundamental value at State Street.What we need you to do:Collaborate with internal and external stakeholders to close primary and secondary bank loan transactions and execute amendments for existing positions.Assist in the management of a diversified U.S. broadly syndicated loan portfolio.Monitor primary loan market opportunities with a focus on managing sector and corporate credit risk exposures in the portfolio.Review Credit Agreements.Establish and maintain productive relationships across all business and third-party collaborators to ensure a sufficient bank loan operating model.Maintain the highest possible fiduciary standards.Who you are:Passionate about Fixed Income markets.Experience using technology to improve and innovate existing work processes.Numerate and comfortable working quantitatively.An organized, positive, self-starter, who wants to be part of a successful, diverse team.Committed to investment excellence, with strong attention to detail, and a collaborative attitude.Skill sets needed:3-5 years in a similar role at a buy-side or sell-side firm, CLO manager or service provider; Bank loan closing experience is required.A broad knowledge of bank loans, back office and OMS systems, broker and custodian operations to proactively support the continual development and operational enablement of bank loans.Familiarity with Virtus, Wall Street Office, ClearPar and Leveraged Loan IndicesStrong interpersonal skillsAbility to initiate and manage projects, problem solve and multi-taskAbility to perform at a high-level in a fast-paced environmentAdvanced IT skills (Python; Bloomberg; Microsoft: Access, Excel, Visual Basic)Graduate degree and/or CFA Charterholder/Candidate is highly preferredAre you the right candidate? Yes!We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.About State Street Global AdvisorsWhat We Do. As the asset management arm of State Street Corporation, State Street Global Advisors has served the world's governments, institutions and financial advisors for over four decades. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become one of the world's largest asset managers with trillions of dollars under our care.Our Mission. At State Street Global Advisors our mission is to invest responsibly to enable economic prosperity and social progress. We are driven by a desire to help our clients, and those who rely on them, achieve a better future. We have a long history of developing innovative investment strategies to provide our clients with reliable and transparent returns, cost-effectively, and without excessive risk.Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to Flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.State Street is an equal opportunity and affirmative action employer.Company: State Street Global AdvisorsSalary Range: $90,000 - $142,500 AnnualThe 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.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.State Street's Speak Up Line