Portfolio manager to join global leveraged loan team with 5 – 10 years of experience in credit/high yield/leveraged loans. The portfolio manager will be in Munich and will provide coverage for the bank’s $4 billion global Leveraged Loan portfolio.Why this role is important to us.The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.What you will be responsible forAs portfolio manager you willMonitoring a portfolio of credits from several industries making buy/sell/hold recommendationsFollow developments in leveraged loan marketplace thru maintaining relationships with key syndicate banks.Create timely update reports on the credits within coverage; Creating and updating industry reports on those industries covered.Analyzing new investment opportunities, writing investment memos, reviewing financial models, and credit analysis provided by outsourced arrangement with SSGAMonitor portfolio of existing credits for warning signs of potential deterioration of credit profilePerform investment research, including written opinions.Interacting with local and global regulators.What we value These skills will help you succeed in this role.The successful candidate will have at least 5-10 years relevant experience with strong excel skills and analytical abilities.Strong attention to detail.Ability to manage multiple tasks at the same time.Ability to liaison with internal risk teamEducation & Preferred QualificationsMinimum of a BA; MBA and/or CFA preferred.Previous buy-side leveraged loan experienceSubstantial industry sector knowledge and workout experienceExcellent written and communication skills.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 StreetWhat 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.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.Discover more at StateStreet.com/careersState Street's Speak Up LineSummaryLocation: Munich, GermanyType: Full time