Structured Trust and Analytics Group The Structured Trust and Analytics Group STA at State Street Bank acts as Trustee for Collateralized Loan Obligations CLOs and other structured transactions A CLO is a type of structured transaction that is issued pursuant to deal documents typically an Indenture or Trust Deed In a structured transaction an investment bank creates a deal structure whereby notes with differing characteristics such as maturity date interest rate seniority etc are issued to investors These notes are then collateralized through the acquisition of corporate bank loans Additionally STA provides compliance functions for various fund structures that invest in corporate bank loans Members of STA work closely with portfolio managers underwriters and rating agencies STA mainly handles reporting priority of payments event tracking and trade testing duties A compliance system is used to track the characteristics of the assets and liabilities and to write compliance eligibility tests Monthly and payment date reports are written within STA using a report writer Events payment dates agreed upon procedure due dates rating reaffirmations etc are tracked using a tickler system and asset data is validated using the data validation module The Officer position within STA provides an excellent chance for self motivated individuals to develop new skills and establish a rewarding career path Job Summary Manage and oversee the tasks associated with Collateralized Loan Obligations CLOs and fund transactions to ensure that deals are in compliance with deal documents Work with the Boston team to ensure seamless service and accurate and timely delivery of information Interact with the Boston team on a daily basis to address and resolve issues A Senior Associate within STA is responsible for maintaining the daily operation of structured finance trusts managing the team and managing relationship between the Boston team and senior management Job duties include developing st

📌 Alternative Ops Fund Accounting (Bengaluru)
🏢 State Street
📍 Bengaluru