CLO Deal Administrator 2

U.S. Bank • Chicago, IL

8d • $29 - $39 • Hybrid

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description This role has multiple levels, open to candidates with 2-4+ years of relevant work experience . The successful candidate will be hired for the level of the position that aligns with their experience. Please note that the salary range provided corresponds to the lowest level of the position posted. The Collateralized Loan Obligation Group (CLO) is a division within Global Corporate Trust and Custody. CLOs 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, ABS, MBS, and Mezzanine debt. Investors can choose between a variety of risk return option.

Requirements

• Bachelor's degree in finance or related field, or equivalent work experience
• Typically two to four 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 identify and resolve exceptions and interpret data
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

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/monthly/quarterly basis
• assists Analysts with reporting to the investors
• Ensures 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: Mid Level
• Number of Employees: 5,001-10,000 employees