CLO Middle Office Deal Administrator

U.S. Bank • Chicago, IL

6d • $29 - $39

About The Position

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. The CLO Middle Office Deal Administrator 2 is responsible for: settling bond/bank loan trades and investing excess cash as directed by the Portfolio Manager, booking cash inflows/outflows to the portfolio, tracking asset attributes such as accrual information, rating, industry codes, etc., providing reports to the clients on a daily/monthly/quarterly basis, and assisting Analysts with reporting to the investors. They ensure 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
• Typically two to four years of relevant work experience
• 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

• Settling bond/bank loan trades and investing excess cash as directed by the Portfolio Manager
• Booking cash inflows/outflows to the portfolio
• Tracking asset attributes such as accrual information, rating, industry codes, etc.
• Providing reports to the clients on a daily/monthly/quarterly basis
• Assisting Analysts with reporting to the investors
• Ensuring 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