CLO & Private Credit Portfolio Management, Vice President

Who we are looking for

The Vice President will provide Collateralized Loan Obligation (CLO) & Private Credit portfolio management, lending, and credit analysis activities across portfolios within Global Credit Finance, including the credit analysis for a variety of transactions, partnering closely with the Bank’s strategic Private Markets clients. As portfolio manager, this role has responsibility for leading a team of credit analysts for both underwriting and surveillance processes. The role operates partners closely with Treasury, Risk Management and Investor Relations.

What you will be responsible for

Portfolio Management & Trading

• Global portfolio management execution for the portfolio, including monthly performance analysis, monitoring, and reporting
• Monitor portfolio exposures, market conditions and liquidity, and provide recommendations to support portfolio positioning and risk management
• Build strategic relationships across the firm in order to support institutional growth on the servicing and lending portfolios
• Execution of fundamental credit analysis across both private credit and BSL funds including financial statement review, cash flow analysis, and capital structure assessment
• Management and training of staff in order to support underwriting activities for new transactions, amendments, and refinancings
• Present to Credit Committee as warranted for credit surveillance watchlist, exceptions to guidelines
• Conduct ongoing credit surveillance, including monitoring of covenant compliance, ratings actions, and emerging credit risks.

Risk Management & Governance

• Support adherence to internal policies, procedures, and governance frameworks.
• Partner with Enterprise Risk Management, Legal, Compliance, Finance, and Operations to support effective risk oversight.
• Preparation and Presentation of materials for senior risk committees and governance forums
• Escalate identified risks or issues and solutions in order to mitigate risk

Collaboration

• Collaborate with internal stakeholders across lending, structuring, treasury, operations, and risk functions.
• Engage with external counterparties, including banks and asset managers, to support transaction execution and market awareness.
• Contribute to internal portfolio and market updates for management review.

Education & Preferred Qualifications

• Bachelor’s degree or equivalent experience.
• 7+ years of experience in leveraged loans, private credit, structured credit, or related credit markets.
• Experience supporting portfolio management and/or lending activities within a regulated financial institution.
• Demonstrated credit analysis and underwriting experience.
• Working knowledge of loan documentation, covenants, and loan market conventions.
• Strong analytical, organizational, and communication skills.

Preferred Qualifications

• MBA or CFA® designation or progress toward completion.
• Experience supporting private credit or alternative lending strategies.
• Familiarity with bank regulatory, risk management, and governance frameworks.
• Exposure to CLOs, private credit, investment adviser lending, or structured credit products.

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

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 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.

Discover more at StateStreet.com/careers

Salary Range:

$120,000 - $217,500 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.

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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.