At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future.

Industry: Financial Services
Company Size: 10,001+ employees

State Street

Savvy Admin PROD

We are seeking a highly skilled and motivated Securitized Portfolio Manager to join our Global Fixed Income platform in Boston. This individual will play a key role in managing securitized credit portfolios across RMBS, CMBS, ABS, and CLOs, contributing directly to investment performance, portfolio construction, and client outcomes. This role requires a strong integration of portfolio management and credit research capabilities, combining top-down macro views with deep fundamental analysis of collateral, structures, and issuers.

**Why this role is important to us**

The team you will be joining is a part of State Street Investment Management, one of the biggest asset managers in the world, that provides services to the world’s governments, institutions and financial advisors across the globe. With over four decades of experience and trillions of dollars in assets under management, we offer one of the broadest selections of services across asset classes, risk profiles, regions and styles. As pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. Join us if making your mark in the asset management industry from day one is a challenge you are up for.

**What You Will Be Responsible For**

Portfolio Management & Investment Decision-Making

- Manage securitized credit portfolios across agency and non-agency RMBS, CMBS, ABS, and CLOs

- Construct portfolios consistent with client objectives, risk budgets, and regulatory constraints

- Implement investment strategies across yield, spread, and structure opportunities

- Execute trades and manage positioning across primary and secondary markets

Credit Research & Security Selection

- Conduct fundamental credit analysis of underlying collateral pools, issuers, and deal structures

- Evaluate loan-level and pool-level performance dynamics, including default and loss expectations, prepayment and extension behavior, collateral quality, vintage, and underwriting characteristics

- Analyze structural protections, triggers, and tranche behavior under baseline and stressed scenarios

- Develop and maintain relative value assessments across sectors, shelves, vintages, and structures

- Generate actionable investment ideas informed by both bottom-up credit work and market technicals

Relative Value & Market Analysis

- Generate relative value views across securitized sectors, structures, and capital stack positions

- Analyze collateral performance, prepayment dynamics, credit trends, and macroeconomic drivers

- Integrate top-down macro views with bottom-up security selection

Risk Management & Portfolio Construction

- Monitor and manage key risks including: spread duration and interest rate exposure, prepayment and extension risk, credit and structural risk (including tranche behavior), ensure portfolios remain aligned with established risk frameworks and guidelines

Collaboration & Investment Process

- Partner closely with securitized research analysts, multi-sector PMs and asset allocation teams, quantitative research, trading and risk groups

- Contribute to the ongoing development of research frameworks, models, and portfolio construction tools

- Help drive integration of research insights into scalable portfolio decisions

**What We Value**

- These skills will help you succeed in this role

- Investment excellence and intellectual curiosity

- Integrated portfolio management and research mindset

- Collaboration and team orientation

- Risk discipline and accountability

- Growth mindset and platform development

**Education & Preferred Qualifications**

- A Master’s degree in finance, economics, mathematics, or other relevant field of study and or a CFA are preferred.

- 10 plus years of experience in fixed income portfolio management, with a focus on securitized products

- Deep expertise across RMBS, CMBS, ABS and/or CLO markets

- Credit Research background preferred

**Salary Range**

$120,000 - $202,500 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.

~~Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.~~

~~For a full overview, visit ~~~~https://hrportal.ehr.com/statestreet/Home ~~~~.~~

**About State Street**

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

**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.

Job ID: R-790973

Securitized Portfolio Manager, VP II - State Street Investment Management

**Who We Are Looking For**

This opportunity is ideal for individuals interested in contributing to our team as a **Security Analyst **within State Street’s Global Technology Services organization. Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We’re driving the company’s digital transformation and expanding business capabilities using industry best practices and advanced technologies. The ideal candidate leads with integrity, embraces creativity, and invests in personal growth. This role requires a collaborative mindset, a passion for innovation, and the ability to inspire others.

**What You Will Be Responsible For**

**In this role, you will perform the following day-to-day activities:**

- Perform cyber due diligence assessments within State Street’s Third Party Cybersecurity Risk Management Program in alignment with current regulatory requirements and risk-based reviews including new engagements and ongoing monitoring of existing providers.

- Review and ensure quality and timely responses in support of State Street’s global internal business units by providing accurate and in-depth due diligence risk assessments of third-parties holding data outside of State Street’s controls. The analyst is expected to evaluate how the third party supports and provides services to State Street and how their features affect State Street Security

- Assist with initial and recurring reviews of third-party Security Schedules; provide guidance and support to legal, the business units and the vendors.

- Continuously monitor and learn compliance efforts and how security assessments of various network components of the global infrastructure identify gaps to regulatory and compliance requirements relative to ISO 27001/27002, NIST 800-53, FFIEC, Cloud Security Alliance (CSA) and others that meet current regulatory environments globally.

- Research, present and execute new and improved methodologies to ensure enhanced process further aligned with increasing volumes and demands.

- Participate in the roundtable review process for global team members to present due diligence findings – ensuring a consistent and high-quality deliverable for third-party information security vendor risk assessments. Learn how the team members interact and review each other’s work.

**What We Value**

These skills will help you succeed in this role

- Engagement in meaningful daily work: You'll take ownership of specific tasks and projects, gaining hands-on experience and building confidence through real contributions.

- A supportive learning environment: You'll exercise your judgment in a guided setting, with mentorship and supervision to help you grow.

- Focused skill development: This role is designed to help you deepen your expertise in a specific area.

- Clear structure and expectations: You'll work within well-defined parameters, giving you the clarity and focus to succeed.

- Independent contributions: You'll have the opportunity to make an impact through your individual contributions while collaborating with a supportive team.

- Focus on growth: While there are no people management responsibilities with this role, it is a great stepping stone for future leadership opportunities.

- A collaborative team culture: You'll build strong working relationships with your peers and supervisor, gaining valuable experience in a professional environment.

**Education And Preferred Qualifications**

- Final-year undergraduate or graduate students pursuing degrees in Computer Science or Information Technology with specializations in Network Security, Cloud Security, Data Analytics, Incident Response, or related technical disciplines who are interested in converting to a full-time role post-graduation

- Enthusiastic about building a long-term career in a dynamic, technology-driven organization

- Effective communicators with the ability to collaborate in a team-oriented environment

- Open to feedback and committed to continuous learning and improvement

- Motivated by real-world problem solving and eager to contribute innovative ideas

- Regulatory Compliance Management

- Cybersecurity

- Regulatory Reporting

- Communication

- Business Writing

- Information Security

- Risk Management

- Artificial Intelligence

**Additional Requirements**

- Cloud Computing

- Data Management

- Incident Management

- Network Security

- Incident response

**Salary Range**

$70,000 - $118,750 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.

~~Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.~~

~~For a full overview, visit ~~~~https://hrportal.ehr.com/statestreet/Home ~~~~.~~

**About State Street**

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

**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.

Job ID: R-790974

Security Analyst

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