Who we are looking for

The Real Money Funds Team is looking for a junior account officer/senior credit analyst to oversee the credit analysis and administration of a portfolio of mutual fund clients. The junior account officer will be responsible for conducting credit analysis and will also take an active role in assisting senior account officers in managing the deal flow process. The junior account officer will also have a small portfolio of deals that he/she will be responsible for managing from client communications, legal negotiations, credit analysis and deal closing. The junior account officer will also assist in the training of junior analysts. Lastly, the junior account officer be expected to provide input and lead projects focused on improving processes throughout the Real Money Funds Team. The Real Money Funds team is part of the Global Credit Finance division. The team is comprised of approximately 15 employees based in Boston.

Why this role is important to us

The Real Money Funds Team is responsible for a $23 billion portfolio of credit facilities to regulated mutual funds. Many of the team's clients are part of larger valuable relationships to State Street Bank. The team is responsible for analyzing the credit and negotiating legal documents for each of the credit facilities.

What you will be responsible for

As a junior account officer you will:

• Manage the credit analysis, legal negotiations, client communications and deal process of a portfolio of mutual fund lending clients.


• Coordinate with analysts, Senior Account Officers, ERM, GCF Business Support Team and Loan Operations on deal activity.


• Oversee borrower changes within your portfolio of deals, including coordinating with clients and external counsel.


• Participate in strategy discussions and client negotiations.


• Assist junior team members in their daily responsibilities.


• Implement new processes to create efficiencies.

These skills will help you succeed in this role

• Interest in lending/credit and process improvement


• Positive attitude, ability to demonstrate initiative and a willingness to learn


• Strong analytical, written and verbal communication skills


• High level of attention to detail and organization


• Ability to manage multiple tasks at the same time


• Capability to meet tight deadlines and manage multiple tasks with overlapping deadlines

• Bachelor's degree in business, finance, accounting or related field; MBA/CFA a plus but not required


• Minimum of 7-10 years of experience in credit analysis


• Experience reading and negotiating credit agreements


• Proficiency with Excel, PowerPoint and Salesforce

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.

Discover more at StateStreet.com/careers.

Salary Range:
$90,000 - $142,500 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.