State Street Global Advisors

1 month ago

Stamford, United States State Street Corporation Full time
The role of the Structured Products Analyst is to lead credit research and security selection for the Non-Agency RMBS investment efforts in SSGA's Fixed Income, Cash & Currency (FICC) department. The role will also involve contributions to the broader structured products and ABS investment efforts. The Senior Analyst is part of the Structured Products Credit Research team supporting the relevant investment processes for FICC Active portfolio managers with fundamental credit opinions, valuation analyses, and daily portfolio construction efforts. Quantitative modelling skills, experience in securitization cash flow modelling, and expertise in mortgage securitization are required. The existing surveillance infrastructure, as well as the policies and procedures established by the SSGA Credit Research team, will be utilized to support the analyst.

Primary responsibilities
  • Subject matter expert on US Residential Real Estate Debt and Non-Agency RMBS in Fixed Income
  • Contributing analytical responsibilities for a broad set of structured investment products, including esoteric ABS sectors
  • Possess strong relationships with street research and trading desks, industry strategists and the respective analysts at the credit rating agencies
  • Review primary and secondary market Non-Agency RMBS investments to determine suitability for any of the managed portfolios. Reviews to include qualitative and quantitative analysis of the underlying loans in the perspective investments. Make purchase and sale recommendations based on credit profile and valuation
  • Synthesize real estate market conditions to create/update base, stress, and other scenarios to analyze the Non-Agency RMBS investments in order to generate cash flows to test for potential impairments and identify potential risks or trading opportunities
  • Review legal documents related to securitization investments and evaluate the structural nuances of investment opportunities
  • Lead role in the ongoing portfolio construction, analysis and monthly surveillance of structured product and ABS holdings in Active Fixed Income funds and in insurance portfolios
  • Contribute to top-down sector risk targeting discussions

Qualifications
  • Five to ten years of experience in real estate and/or structured products with experience in Non-Agency mortgages
  • CFA and/or MBA preferred
  • Thorough understanding of the structural nuances that govern the securitization is necessary
  • Ability to work under pressure
  • Ability to incorporate multiple risk profiles when making investment recommendations
  • Proficiency with EXCEL
  • Proficiency in Blooberg, Intex, Trepp and other standard industry platforms, in order to utilize CMBS, RMBS, and CMO securities libraries for quantitative modeling exercises

Standard Daily Schedule:
  • Daily/morning review (if applicable) of new issue and secondary market opportunities for Non-Agency RMBS investments, as well as additional structured finance and ABS sectors.
  • Collaborate with portfolio managers to recommend investments, sales and portfolio re-balancing, as appropriate.
  • Daily review of credit rating changes in existing book of investments
  • Utilize existing suite of tools to assess RMBS and structured product investment opportunities: Intex, Trepp, Aladdin/ANSER, and Proprietary (excel-based) New Issue Stress Model
  • Discuss ongoing surveillance of existing portfolio holdings, on as-needed basis.

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 Global Advisors

What We Do. As the asset management arm of State Street Corporation, State Street Global Advisors has served the world's governments, institutions and financial advisors for over four decades. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become one of the world's largest asset managers with trillions of dollars under our care.

Our Mission. At State Street Global Advisors our mission is to invest responsibly to enable economic prosperity and social progress. We are driven by a desire to help our clients, and those who rely on them, achieve a better future. We have a long history of developing innovative investment strategies to provide our clients with reliable and transparent returns, cost-effectively, and without excessive risk.

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.

Company: State Street Global Advisors

Salary Range:
$125,000 - $200,000 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.

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.

State Street's Speak Up Line

  • Senior Non-Agency RMBS Investment Strategist

    3 weeks ago

    Stamford, Connecticut, United States State Street Corporation Full time

    Job SummaryWe are seeking a highly skilled Senior Non-Agency RMBS Investment Strategist to join our team at State Street Global Advisors. As a key member of our Structured Products Credit Research team, you will be responsible for leading credit research and security selection for Non-Agency RMBS investments in our Fixed Income department.

  • Senior Structured Products Analyst

    3 hours ago

    Stamford, Connecticut, United States State Street Corporation Full time

    Job Description: We are seeking a highly skilled Senior Structured Products Analyst to join our team at State Street Global Advisors. As a key member of our Fixed Income, Cash & Currency (FICC) department, you will be responsible for leading credit research and security selection for Non-Agency RMBS investments.About the Role:Lead credit research and...

  • Treasury Stress Testing Professional

    3 hours ago

    Stamford, Connecticut, United States State Street Corporation Full time

    Company OverviewGlobal Treasury Risk Management, a group within State Street's Enterprise Risk Management, is responsible for the independent oversight of State Street's Global Treasury activities. The team ensures the execution of BAU processes in a highly controlled, well-governed manner, and drives continuous improvement across the organization by...

  • Treasury Stress Testing, Assistant Vice President

    1 week ago

    Stamford, United States State Street Corporation Full time

    Who we are looking for Global Treasury Risk Management (GTRM), a group within State Street's Enterprise Risk Management (ERM), is looking for an Assistant Vice President (AVP) level risk manager to join its Quarterly Stress Testing team based in New Jersey, Connecticut, or Boston. The goal of ERM is to ensure that State Street's risks are proactively...

  • Senior Analyst

    3 months ago

    Stamford, United States State Street Corporation Full time

    State Street is seeking a Senior Cloud Security IR Analyst for our Cloud Readiness & Response team, which is a key part of security operations at State Street. This is a new team focused on threat detection and incident response in cloud environments. The team will have an emphasis on cloud infrastructure (AWS, Azure, and others), while also securing cloud...

  • Alpha SSCD Practice Lead, VP

    1 week ago

    Stamford, United States State Street Corporation Full time

    Who we are looking for We are looking for an experienced individual to lead projects in design, implementation and represent Alpha's requirements with the State Street Core Data Product/IT group. The incumbent will work with operations teams, technology teams and clients to deliver various projects. In this role you will lead the efforts to analyze business...

  • Sales and Service Advisor

    6 days ago

    Stamford, Connecticut, United States AlienVault Full time

    Are you looking for a new challenge in sales and service? Do you want to be part of a team that is passionate about delivering exceptional customer experiences? If so, we encourage you to apply for our Sales and Service Advisor role.In this exciting opportunity, you will work closely with customers to understand their needs and provide personalized...

  • Director of Sales

    3 weeks ago

    Stamford, United States Tomo Mortgage, LLC Full time

    Tomo is a FinTech startup that improves the homebuying experience by pairing a smarter and faster mortgage process with actionable data insights to put buyers in the best position to negotiate and close (and at the right price). Tomo raised a record setting seed round of $110 million and plans to change the future of how homebuyers finance their home...

  • Global Workforce Management Counsel

    7 hours ago

    Stamford, Connecticut, United States Ogletree Deakins Full time

    Overview: We are seeking an experienced Cross-Border Employment Attorney to join our team at Ogletree Deakins. The ideal candidate will have a passion for assisting multinational companies with their labor and employment needs worldwide and advising clients on international employment issues that are unique to global workforces.Salary: $140,000 - $190,000...

  • Global Head of Infrastructure

    2 weeks ago

    Stamford, United States Gerald Group Full time

    About the Company:Gerald Metals is one of the oldest and the world’s largest commodity trading companies focused purely on the merchanting of non-ferrous, ferrous, and precious metals, as well as related concentrates and raw materials. For six decades, we have distinguished ourselves as the leading market specialists in the trading of all forms of refined...

  • VP/Wealth Advisor

    2 weeks ago

    Stamford, CT, United States AllianceBernstein L.P. Full time

    Bernstein Private Wealth Management advises high-net-worth clients on planning for—and living with—the complexities that come with wealth. We specialize in addressing challenges that extend well beyond wealth management by offering a vast network of resources customized to clients’ values and needs. Bernstein is distinguished among major wealth...

  • Membership Advisor

    1 month ago

    Stamford, United States Orangetheory Fitness Full time

    Join the Orangetheory Fitness Team as a Sales Manager Get fit, help others, and have fun Who We're Looking For: Are you ready to unlock the power of the Orangetheory workout for others? We're searching for a dynamic Membership Advisor (internally referred to as a Sales Manager) to bring new people into our studio, discuss their fitness goals, and guide them...

  • Membership Advisor

    1 month ago

    Stamford, United States Orangetheory Fitness Full time

    Join the Orangetheory Fitness Team as a Sales Manager Get fit, help others, and have fun Who We're Looking For: Are you ready to unlock the power of the Orangetheory workout for others? We're searching for a dynamic Membership Advisor (internally referred to as a Sales Manager) to bring new people into our studio, discuss their fitness goals, and guide them...

  • Corporate Governance Specialist

    5 days ago

    Stamford, Connecticut, United States AIRCASTLE ADVISOR Full time

    Role OverviewAircraft leasing companies require highly organized and meticulous individuals to manage the smooth operation and compliance of their global entities. As a Corporate Paralegal at Aircastle Advisor, you will play a vital role in ensuring the proper execution and circulation of transaction documents.

  • Global Case Management Nurse Specialist

    3 weeks ago

    Stamford, Connecticut, United States Titan Medical Group Full time

    Job OpportunityTitan Medical Group is seeking a skilled Global Case Management Nurse Specialist to join our team. This 13-week assignment in the United States offers a unique chance to work with a dynamic company and make a meaningful impact.About the JobThis role involves providing exceptional case management services to patients, families, and healthcare...

  • Assistant Store Manager

    1 week ago

    Stamford, United States Global Partners LP Full time

    Job Description:For over 90 years Global Partners LP has been delivering the energy our communities need to grow, move, and thrive. From Alltown Fresh, with its innovative chef-led creations and guest-focused retail experience, to our vast network of over 50 liquid energy terminals across the eastern seaboard and beyond, Global Partner‘s integrated network...

  • Senior Experiential Director, Global Hospitality

    5 days ago

    Stamford, United States Octagon Full time

    THE JOB / Sr. Hospitality Director, Global Hospitality (Payment Services Client)EXPERIENCES / Responsible for planning and executing hospitality programs for our brand partners at experiential events in sports and entertainment with a focus on Formula 1.Our headquarters is in Stamford, CT, but the location of this position can be flexible with a priority...

  • Senior Experiential Director, Global Hospitality

    5 days ago

    Stamford, United States Octagon Full time

    THE JOB / Sr. Hospitality Director, Global Hospitality (Payment Services Client)EXPERIENCES / Responsible for planning and executing hospitality programs for our brand partners at experiential events in sports and entertainment with a focus on Formula 1.Our headquarters is in Stamford, CT, but the location of this position can be flexible with a priority...

  • Assistant Store Manager

    3 weeks ago

    Stamford, United States Global Partners LP Full time

    Job Description:For over 90 years Global Partners LP has been delivering the energy our communities need to grow, move, and thrive. From Alltown Fresh, with its innovative chef-led creations and guest-focused retail experience, to our vast network of over 50 liquid energy terminals across the eastern seaboard and beyond, Global Partner‘s integrated network...

  • Audit Supervisor, Global Technology Audit

    4 months ago

    Stamford, United States Bank of America Full time

    Description : Corporate Audit is a global team responsible for providing independent assessments of business activities throughout Bank of America. As part of the Global Technology Audit Team, you will be responsible for identifying, evaluating, and reporting on technology risks across a wide range of systems and platforms that supports critical...