Structured Products - Collateralized Loans Obligations - Assistant Manager

State Street.
Bangalore, India
Not disclosed
28 Jun 2022
30 Jun 2022
Contract type
Full time
Experience level

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 – assistant manager within CLO is responsible for managing the daily operations of the team, leading the team and working closely with higher management in order to meet the business unit goals and objectives.

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:

This position is within the STA CLO unit of the State Street Alternative Investment Services Group, also known as Alternative Investment Solutions, is a recognized industry-leading provider of fund accounting, fund administration, compliance services to CLO’s and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements of institutional investors.

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 – Assistant Manager you will:

  • Responsible for processing and reviewing CLO deals
  • Assign work and supervise the flow of daily operations and be the subject matter expert for process
  • Monitoring team daily operations, be able to aware of potential risks and make improvement of the process; professionally organize 1:1 meeting with team members; work closely with manager and timely provide feedbacks and valuable suggestions; confidently and efficiently communicate with home site, maintain good relationship with home site;
  • Be able to professionally resolve issues and provide help to colleagues, maintain the healthy relationship within the team;
  • Monitor the deliverables, ensuring the accuracy and timeliness of deliverables; be able to flexibly arrange work among the team;
  • Update and maintain procedures for all tasks/activities and work with the Manager to ensure all corporate compliance, risk policies and SOP’s are adhered to by the team;
  • Be accountable for all the assigned tasks, resolve complex issues and escalate as needed acting with a sense of urgency to meet required deliverables;
  • Build a collaborative relationship with inter-departmental contacts and achieve business goals;
  • Assist Manager in making enhancements to the daily operating model; be active of taking responsibility in supporting project, migrations, etc.
  • Coordinate On-The-Job training for staff members and assist the Manager with staff development and succession planning;

What we value:

These skills required to succeed in this role:

  • Knowledge of Collateral Loan Obligation, Structured Finance, Waterfall Payment, Financial Modelling, Securitization, ABS, MBS, CDO
  • Knowledge of Loans in secondary market and reconciliation

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 7 + years of related experience in Structure Finance, Financial Modelling, Waterfall Payment, knowledge in WSO (Wall Street Office) is required.
  • Experience is managing a cluster of 5-8 employees
  • Ability to communicate effectively in English, both verbally and in writing;
  • Strong time management skills with the ability to priorities under pressure; adapt to work under given timeline;
  • Advanced knowledge of MS office;
  • Strong problem solving and analytical skills;
  • Detail-oriented, owner’s mindset, logical thinking, strong learning ability, sense of responsibility and teamwork are required;
  • Good interpersonal skill and team spirit; effective communication, organizational and negotiation skills;
  • Self-motivated, creative and efficient in finding solutions to complex, time-critical problems and strong analytical ability.

Additional requirements:

  • Candidate must be detail oriented and able to work both independently and in group setting.
  • To oversee day to-days team operations and performance
  • Ability to manage projects and handle team in the absence of Managers.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 program 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.

For further information, and to apply, please visit our website via the “Apply” button below.

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