Deal Administrator - Collateralized Loan Obligation

U.S. Bank • Charlotte, NC

8d • Hybrid

About The Position

The Deal Administrator 2 works in U.S. Bank’s Collateralized Loan Obligation (CLO) Group, a division of Global Corporate Trust and Custody. CLOs are structured finance vehicles that issue debt and equity liabilities to fund portfolios of collateral, which may include syndicated bank loans, corporate bonds, ABS, MBS, and mezzanine debt. The role supports portfolio operations and client and investor reporting, ensuring account activity and data are booked and reconciled accurately and on time. The position requires working from a U.S. Bank location three or more days per week and is not eligible for visa sponsorship.

Requirements

• Bachelor's degree in finance or a related field, or equivalent work experience.
• Typically two to four years of relevant work experience.

Nice To Haves

• 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 and projects while meeting deadlines.
• 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 and 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 coverage, including medical, dental, and vision.
• Basic term and optional term life insurance.
• Short-term and long-term disability insurance.
• 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
• Incentive and recognition programs.
• Equity stock purchase.
• Pension.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level