Private Credit, CLOs, Investment Advisers & Leveraged Loans, Managing Director

Who we are looking for

State Street’s Global Credit Finance (GCF) business is seeking a senior investment and credit leader to serve as Managing Director – Private Credit, CLOs, Investment Advisers & Leveraged Loans. This role is responsible for providing strategic leadership and market‑driven execution across private credit lending, collateralized loan obligations (CLOs), investment adviser lending and leveraged loans.

This role sits at the intersection of business strategy, risk management, and client delivery, ensuring that private credit, CLO, investment adviser, and leveraged loan activities are executed in line with firm risk appetite, regulatory expectations, and internal governance frameworks. The Managing Director will drive portfolio strategy, market engagement, and disciplined investment execution while partnering closely with internal stakeholders to ensure strong risk‑adjusted returns, client alignment, and sustainable growth across strategic asset manager clients.

What you will be responsible for

• Lead investment strategy, execution, and portfolio oversight across Private Credit, CLOs, Investment Advisers, and Leveraged Loans, aligned with firm‑wide objectives.
• Ensure effective governance, surveillance, and ongoing oversight of the portfolios portfolio, including monitoring of performance and risk trends ensuring appropriate underwriting standards, monitoring, and reporting
• Achieve sustainable growth in U.S. and European markets, acting as a strategic partner to CLO and Private Credit managers and Investment Advisers, supporting client engagement and delivery of financing solutions
• Provide executive oversight of the leveraged loan business, including portfolio positioning, market monitoring, and coordination with firm strategy
• Partner closely with Enterprise Risk Management, Legal, Compliance, Finance, and Treasury to support effective risk oversight and regulatory alignment.
• Serve as a senior representative of the business in credit committees and governance forums, ensuring timely escalation and transparency.
• Provide senior leadership in market discussions, client meetings, and internal forums, providing thought leadership on credit markets and portfolio trends.
• Oversee balance‑sheet deployment across covered businesses, aligning capital usage with both strategic priorities, client demand and risk appetite.
• Lead and develop investment and credit professionals, promoting strong risk culture, growth mindset, accountability and fostering strong performance culture and talent development.

Education & Preferred Qualifications

• 15 + years of experience in private credit, leveraged loans, and/or structured credit (with demonstrated leadership in investment or portfolio oversight roles) within a regulated financial institution
• Demonstrated ability to build trust and credibly engage with clients to deliver One State Street outcomes
• Deep understanding of credit markets and capital structures
• Strong executive judgment, communication skills, and experience engaging with senior management, regulators  and control functions
• Proven ability to lead teams, engage credibly across a large organization and a range of stakeholders

Preferred Qualifications

• CFA® designation or comparable professional credential.
• Experience across multiple credit products or platforms within a large financial institution.

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:

$170,000 - $282,500 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.

Discover more information on jobs at StateStreet.com/careers

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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.