CLO Deal Administrator 1

U.S. Bank National Association • Boston, MA

37d • $28 - $37

About The Position

The Collateralized Debt Obligation Group (CDO) is a division within Corporate Trust Services. CDOs are structured finance vehicles that issue both debt and equity liabilities, with the proceeds being used to buy a portfolio of collateral. Typical types of collateral include syndicated bank loans, corporate bonds, asset-backed securities, mortgage-backed securities, and Mezzanine debt. Responsibilities include: settles bond/bank loan trades and invests excess cash as directed by the Portfolio Manager, books cash inflows/outflows to the portfolio, tracks asset attributes such as accrual information, rating, industry codes, etc., provides reports to the clients on a daily basis, and assists Analysts with reporting to the investors. Ensures 100% accuracy and timeliness of data through proper booking and reconciliation of account activity.

Requirements

• Bachelor's degree in finance or related field, or equivalent work experience
• Less than two years of relevant work experience

Nice To Haves

• Strong organizational skills and detail-oriented
• Basic indenture interpretation abilities and analytical skills
• Effective verbal and written communication skills
• Ability to manage multiple tasks/projects and deadlines simultaneously
• Ability to work both independently and as a team player
• Proficient computer skills, especially Microsoft Office applications
• Some knowledge of Wallstreet Office, SEI, and CDO Suite preferred

Responsibilities

• settles bond/bank loan trades and invests excess cash as directed by the Portfolio Manager
• books cash inflows/outflows to the portfolio
• tracks asset attributes such as accrual information, rating, industry codes, etc.
• provides reports to the clients on a daily basis
• assists Analysts with reporting to the investors
• Ensures 100% accuracy and timeliness of data through proper booking and reconciliation of account activity.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees