Alternative Ops Fund Accounting - Senior Associate

Who we are looking for:

An experience SME who will oversee Structure Finance - Collateralized Loan Obligations (CLOs) and fund transactions to ensure that deals are in compliance with deal documents which include Waterfall Payment.

Actively collaborate with the stakeholders, Deal- Collateral Manager and Eternal Auditors to ensure seamless service and accurate and timely delivery of information.

Interact and escalate issue with the Boston team on a daily basis to address and resolve issues. 

A senior associate – emerging lead within STA is responsible for ensuring the daily operation of structured finance trusts are reviewed and disseminated within defined guidelines. Job duties include the development of skills in the areas of deal processing and review of work, compliance testing and data analytics and reconciliation. 

Why this role is important to us:

The team you will be joining is a part of State Street. State Street gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for:

As Senior Associate you will:

• Responsible for processing of CLO Daily, Weekly, Monthly & Payment Deals
• Developing strong relationships with the Boston team by producing high quality work and leading the daily process development calls.
• Monitoring daily report completion and dissemination within specified SLA.
• Comply with internal procedures and specified deadlines
• As SME , leading new trainee hires

What we value:

These skills required to succeed in this role:

• Collateral Loan Obligation, Structured Finance, Waterfall Payment, Financial Modelling, Securitization, ABS, MBS, CDO
• Knowledge of Loans in secondary market
• Complex reconciliation of cash and trade
• Excellent communication skills
• Analytical and Problem solving
• Statistical analysis

Education & Preferred Qualifications:

• MBA in Finance/ Bachelor’s degree or equivalent work experience with a focus in Accounting, Finance, Technical or related field preferred. 
• Minimum 2.5 + years of related experience in Structure Finance, Financial Modelling, Waterfall Payment, knowledge in WSO (Wall Street Office) is required.
• Experience is managing a small cluster of 3-5 employees
• Strong oral and written communications skills
• Strong MS Excel skills
• Candidate must be detail oriented and able to work both independently and in group setting.
• Ability to work in a deadline oriented group with peak period workflow

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.

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