State Street Global Advisors - Senior Structured Product Credit Analyst, VP I

In support of the SSGA Fixed Income, Cash & Currency (FICC) team's investment efforts, the Senior Structured Product Credit Analyst will provide credit research and security selection across a range of structured product exposures.

The Senior Analyst is part of the credit research effort providing FICC portfolio managers with fundamental credit opinions / valuation analyses and supporting daily portfolio construction activities.

Quantitative modelling skills, experience in cash flow analysis and expertise in securitization are required.

Primary responsibilities

• Subject matter expert in key structured product sectors.
• Possess strong relationships with street research and trading desks, industry strategists and the respective analysts at the credit rating agencies.
• Review primary and secondary market structured product investments to determine suitability for relevant portfolios. Reviews to include qualitative and quantitative analysis of the perspective investments.
• Make purchase and sale recommendations based on credit profile and valuation.
• Synthesize market conditions to create and update base, stress, and other scenarios to analyze structured investments in order to generate cash flows for potential impairments testing and to identify potential risks and / or trading opportunities.
• Review legal documentation and evaluate structures associated with investment opportunities.
• Provide ongoing analysis and surveillance of exposures held across FICC portfolios.
• Contribute to top-down sector risk targeting discussions.

Qualifications

• Five to ten years of structured products experience.
• CFA and / or MBA preferred.
• Thorough understanding of securitization structures.
• Ability to incorporate multiple risk profiles when making investment recommendations.
• Proficiency in Bloomberg, Intex, Trepp and other standard industry platforms.

Standard Daily Schedule

• Review new issue and secondary market opportunities for structured investments.
• Collaborate with portfolio managers to recommend purchases, sales and / or portfolio re-balancing.
• Review of credit rating actions for existing exposures.
• Utilize existing suite of tools to assess investment opportunities (e.g., Intex, Trepp, Aladdin / ANSER)
• Discuss ongoing surveillance of existing portfolio holdings.

Are 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 Advisors

What 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 Advisors

Salary Range :

$110,000 - $185,000 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.

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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