Asset Admin Trust Associate I

Western Alliance Bank•Houston, TX

1d•Onsite

About The Position

As a Corporate Trust Administration Analyst, you'll be responsible for actively monitoring and maintaining corporate trust assets that are the collateral in a CLO or Leverage Finance Facility with a high level of independence. You will be responsible for training and developing junior team members and processing transactions with a higher level of complexity. You will maintain our asset database, working with counterparties on discrepancies, processing transactions, and ensuring our database is accurate.

Requirements

Bachelor’s degree in a related field is preferred or an equivalent combination of education and experience.
3+ years of related experience, preferably including experience with syndicated loans/financial assets/paying agency.
Solvas experience preferred.

Responsibilities

Read and interpret agent bank loan notices to process activity and ensure loan characteristics are accurate.
Read and interpret Credit Agreements to update loan characteristics.
Research global data discrepancies and provide documentation.
Responsible for various reconciliations: trades, asset characteristics, internal accounts.
Participate with technology support teams with systematic process flows and initiatives to improve flows and efficiencies.
Responsible for supporting Client Service team in the delivery of accurate asset data for our CLO's and Leverage Finance Facilities in the Corporate Trust Business.
Training and developing junior team members.
Raising issues that may expose risk to the organization.
Reviewing procedures to ensure they effectively manage the risks to the organization and drive changes when necessary to mitigate risks.
And other duties as assigned