State Street Investment Management - Credit Research - 2027 Summer Internship

Position Summary

The Credit Research team is seeking a Summer 2027 Intern to support research analysts across corporate credit, leveraged finance, and structured credit. The intern will contribute to credit surveillance, underwriting support, and research operations while helping advance a key strategic initiative (CLOs) focused on improving the organization and accessibility of research content.

The role is designed to provide meaningful exposure to credit investing while delivering tangible productivity benefits to the research platform.

Responsibilities

Credit Research & Surveillance Support

• Assist analysts with issuer monitoring and credit surveillance activities.
• Compile financial, industry, and market information used in credit reviews.
• Support watchlist maintenance and tracking of rating actions, earnings releases, and significant credit events.
• Prepare credit summaries, research snapshots, and supporting analytical materials.
• Assist with CLO and leveraged finance underwriting workflows, including data gathering and collateral analysis.

Research Content & Knowledge Management

• Inventory and organize existing research materials and issuer write-ups.
• Help develop standardized research templates, metadata, and filing conventions.
• Support the creation of a centralized research repository to improve knowledge sharing and research accessibility.
• Document workflows and identify opportunities to improve research efficiency.

Innovation & Analytics (Secondary Project)

• Evaluate opportunities to streamline surveillance and monitoring processes using data and AI-enabled tools.
• Assist with data preparation, organization, and proof-of-concept analytics to support future research automation initiatives.

Expected Deliverables

By the end of the internship, the candidate will have:

• Supported ongoing credit surveillance and underwriting activities.
• Developed and maintained research tracking and monitoring tools.
• Organized and cataloged key research content within a centralized repository framework.
• Produced recommendations for improving research workflow efficiency and information accessibility.
• Completed a capstone project focused on enhancing research operations or surveillance processes.

Business Value

This internship will provide immediate support to research analysts by reducing manual data collection and organizational work, allowing senior team members to focus on investment analysis and risk assessment. It will also advance the team's long-term objective of improving knowledge management, research accessibility, and operational efficiency while creating a pipeline for future talent within the Credit Research organization.

Intern Development Opportunity

The intern will gain hands-on experience in credit research, underwriting, and surveillance while working alongside investment professionals across the credit platform. By the end of the program, they will have developed practical analytical skills, exposure to the investment decision-making process, and a strong foundation

Salary Range:

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.

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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.