Leveraged Loans Portfolio Management & Private Credit, VP | Boston, MA, USA

Leveraged Loans Portfolio Management & Private Credit, VP

{"description": " Who we are looking for

The Vice President (VP) will provide Global Leveraged Loans portfolio management, trading, and credit analysis activities across Leveraged loans and Private Credit portfolios within Global Credit Finance. Through partnering closely with the Bank's strategic Private Markets clients, the VP will structure and analyze Private Credit transactions, including bilateral transactions. As the Leveraged Loans portfolio manager, this role has responsibility for ongoing decision making around portfolio names and exposure levels, as well as ongoing risk and surveillance processes in accordance with established policies, procedures, and regulatory requirements. The role partners closely with Treasury, Risk Management and Investor Relations.

What you will be responsible for

Portfolio Management & Trading

• Global portfolio management execution for the Leveraged Loan 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 Private Credit servicing and lending portfolios

• Execution of fundamental credit analysis across both private credit and BSL including financial statement review and capital structure assessment

• Management and development of staff in order to support underwriting activities for new transactions, amendments, refinancings, and restructurings

• 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 proactively and transparently in order to mitigate risk

Collaboration

• Collaborate with internal stakeholders across Treasury, Operations, Finance, Risk, Legal, Operations, among others.

• 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.

Minimum 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 trading 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.

• Team player who is transparent and focused on collaboration across the Bank

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, 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.

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