CLO Senior Transaction Manager
UMB Bank•Houston, TX
•$69,230 - $131,550•Hybrid
About The Position
Join our UMB CLO Administration team, where we serve as trustee and collateral administrator on Collateralized Loan Obligations (CLOs) and related structured credit transactions. As a Senior Transaction Manager, you will own the negotiation, closing, and ongoing administration of these deals for a portfolio of our largest and most complex clients. This role reports directly to the SVP and Head of CLO Administration. While an in-person position at UMB's Orange County, CA office is strongly preferred, the role is open to remote applicants with the expectation of periodic travel.
Requirements
- A Bachelor's degree or equivalent work experience.
- At least seven (7) years of relevant experience.
Responsibilities
- Provide highly complex support to an assigned group of the largest trustee clients with the most complex needs.
- Negotiate transaction documents and close transactions for which UMB Bank is being appointed as trustee, collateral administrator, calculation agent, and similar Corporate Trust capacities.
- Work extensively with external counsel representing UMB on these transactions to negotiate documents and resolve issues through closing.
- Review legal and transaction documents to ensure operational mechanics and UMB Bank protections are appropriate.
- Liaise internally with operations, compliance, corporate trust legal and other internal support groups to ensure duties and obligations set forth in legal documents and operational mechanics conform with UMB systems requirements, controls, and policies.
Benefits
- Paid Time Off
- 401(k) matching program
- Annual incentive pay
- Paid holidays
- Comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
- Health savings accounts
- Flexible spending accounts
- Dependent care accounts
- Adoption assistance
- Employee assistance program
- Fitness reimbursement
- Tuition reimbursement
- Associate wellbeing program
- Associate emergency fund
- Various associate banking benefits
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What This Job Offers
Job Type
Full-time
Career Level
Senior
