CLO Portfolio Administration, Associate II

Alter Domus • Chicago, ND

3d • $65,000 - $75,000 • Hybrid

About The Position

Work within the Portfolio Administration team to gain functional knowledge of both bank loan assets and portfolio accounting principles to accurately input, review, analyze and record-keep portfolios of syndicated bank loans;
Gain expertise in relevant Loan Servicing software, various proprietary systems, and our internal accounting platform to ensure accuracy of output;
Liaise with external parties and cooperate with internal account management teams to ensure timely response to credit client inquiries;
Learn to process all life cycle events for portfolios containing multiple asset types;
Create, review and distribute reconciliations and customized daily/monthly reporting to clients;
Update client portfolios with custom post trade attributes, rating information, and other vendor data;
Oversee data flow and comparison between systems to validate daily portfolio level output is accurate;
Effectively interact with internal and external parties including Loan Admin, Fund Admin, Technology, Asset Services, Recon, Trade Settlement, Trustees and Agent Banks.

Requirements

• Associate’s or bachelor’s degree in finance, accounting, business, or economics preferred
• Basic understanding of loan operations, loan securitization principals, general financial accounting knowledge, and customer service experience
• Ability to prioritize tasks, independently research and resolve issues, and manage ambiguity
• Responsive, friendly, professional, highly organized, and superb communication style
• Proficiency in Microsoft Excel
• Exceptional attention to detail and ability to thrive within a high-volume data-entry environment with both proficiency and accuracy
• Demonstrated willingness to work within a deadline-driven environment

Nice To Haves

• Previous experience with CLO compliance and Waterfall modeling
• Knowledge or familiarity with Bloomberg, performance systems, and other loan research and analysis tools an advantage

Responsibilities

• accurately input, review, analyze and record-keep portfolios of syndicated bank loans
• ensure accuracy of output
• ensure timely response to credit client inquiries
• process all life cycle events for portfolios containing multiple asset types
• Create, review and distribute reconciliations and customized daily/monthly reporting to clients
• Update client portfolios with custom post trade attributes, rating information, and other vendor data
• validate daily portfolio level output is accurate
• Effectively interact with internal and external parties

Benefits

• Support for professional accreditations
• Flexible arrangements, generous holidays, plus an additional day off for your birthday!
• Continuous mentoring along your career progression
• Active sports, events and social committees across our offices
• 24/7 support available from our Employee Assistance Program
• The opportunity to invest in our growth and success through our Employee Share Plan
• Plus additional local benefits depending on your location

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree