Leveraged Finance Internship: Portfolio Ops & Credit Research

State Street Investment Management; Boston (MA); On-site; USD 42,000 - 65,000; Full time

Job summary

State Street Global Leveraged Finance is offering an internship that exposes you to the full lifecycle of portfolio management, from operations to credit research and trade execution.

You will collaborate across operations, research, strategy, sales distribution, and technology, performing tasks that support deal settlement, access management, and data consolidation while learning market structure and risk assessment.

Qualifications

• Rising junior or senior studying Finance, Economics, Accounting, Mathematics or a related field.
• Strong attention to detail with ability to handle deadlines.
• Basic understanding of financial statements and credit concepts.
• Excellent communication with internal and external stakeholders.

Responsibilities

• Investment operations: reconcile positions across Aladdin, Virtus, and BSPM to achieve above-market settlement times.
• Deal site access: manage deal site access with trading counterparties and provide required materials.
• Credit research: assist with primary issuance research and recommend trades based on risk and relative value.
• Roll and amendments: review documents, flag votes, and ensure submissions by deadlines.
• Data aggregation: consolidate data into the primary tracker for credit discussions.
• Market monitoring: track and research new issuance in high yield and leveraged loan markets.
• Marketing support: prepare marketing materials for CLO, high yield, leveraged loans and systematic strategies.
• Trade setup: coordinate with partners to set up facility IDs and book primary trades.

Skills

Eagerness to learn

Superior communication

Independent work

Team collaboration

Finance/credit concepts

Attention to detail

Markets understanding

Education

Finance, Economics, Accounting, Mathematics or related field

Job description

State Street Global Leveraged Finance is offering an internship that exposes you to the full lifecycle of portfolio management, from operations to credit research and trade execution.

You will collaborate across operations, research, strategy, sales distribution, and technology, performing tasks that support deal settlement, access management, and data consolidation while learning market structure and risk assessment.