CLO Loan/Asset Administrator - Multiple Levels

U.S. Bank • Saint Paul, MN

1d • Hybrid

About The Position

The Collateralized Loan Obligation (CLO) Group is part of Global Corporate Trust and Custody. This role supports CLO portfolios by maintaining accurate loan and asset information, processing financial transactions, researching discrepancies, and ensuring timely resolution of operational issues. The position is ideal for individuals who enjoy working with data, solving problems, and operating in a fast-paced financial environment. This role has multiple levels, open to candidates with 2 years of minimum experience in relevant work. 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.

Requirements

• Typically an Associate's or Bachelor's degree, or equivalent work experience
• Typically less than two years of relevant work experience
• Strong organizational skills and detail-oriented
• Basic knowledge of assigned functional area, including applicable systems, policies, procedures, and regulatory requirements
• Effective interpersonal and customer relation 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

• Monitor daily reports and dashboards to identify and resolve operational exceptions.
• Process agent bank notices, interest payments, rate settings, paydowns, and other loan-related activity.
• Maintain accurate loan and asset information within CLO systems and assigned portfolios.
• Research discrepancies and investigate missing payments, reports, or transaction activity.
• Partner with agent banks, trustees, and internal teams to resolve issues and obtain missing information.
• Process and track global activity impacting multiple deals and portfolios.
• Ensure activities are completed accurately and within required deadlines.

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
• Education Level: Associate degree