Deal Administrator - Collateralized Loan Obligation
About The Position
The Deal Administrator 2 works in the Collateralized Loan Obligation Group, a division within Global Corporate Trust and Custody. The group supports structured finance vehicles that issue debt and equity liabilities and use the proceeds to purchase collateral such as syndicated bank loans, corporate bonds, ABS, MBS, and mezzanine debt. The role settles bond and bank loan trades, invests excess cash as directed by the Portfolio Manager, books portfolio cash inflows and outflows, tracks asset attributes, and provides regular client reports. The Deal Administrator also assists Analysts with investor reporting and ensures the accuracy and timeliness of data through proper booking and reconciliation of account activity. The position requires working from a U.S. Bank location three or more days per week.
Requirements
- Bachelor's degree in finance or a related field, or equivalent work experience.
- Typically two to four years of relevant work experience.
- Strong organizational skills and attention to detail.
- 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
- Settle bond and bank loan trades.
- Invest excess cash as directed by the Portfolio Manager.
- Book cash inflows and outflows to the portfolio.
- Track asset attributes, including accrual information, ratings, and industry codes.
- Provide reports to clients on a daily, monthly, and quarterly basis.
- Assist Analysts with reporting to investors.
- Ensure data accuracy and timeliness through proper booking and reconciliation of account activity.
Benefits
- Healthcare, including medical, dental, and vision coverage.
- Basic term and optional term life insurance.
- Short-term and long-term disability coverage.
- Pregnancy disability and parental leave.
- 401(k) and employer-funded retirement plan.
- Paid vacation of 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
- Incentive and recognition programs.
- Equity stock purchase and 401(k) contribution.
- Pension, subject to eligibility requirements.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
