Fund Accountant - CLO
About The Position
This role will provide support of day-to-day operational/client service activities while effectively monitoring daily receivables, journal posting, cash reconciliation, and fund position tracking. In addition, will be working along management and technical staff to identify business solutions for changes to business processes, policies, and systems. Provide day-to-day support to existing institutional/corporate trust accounts including billing for administrative fees, recommending fee increases, facilitating transaction closing, handling cash and investment transactions, monitoring cash activities and compliance items, providing debt service calculations, executing payment generation and follow-up.
Requirements
- Demonstrates strong client relationship management skills
- Demonstrates ability to provide positive client experience through a variety of methods including associate engagement, technology, workflows, and processing
- Demonstrates ability to manage multiple projects and timelines
- Demonstrates exceptional written and verbal communication skills with attention to detail
- Demonstrates strong operational knowledge of Corporate Trust processes and procedures
- Bachelor's degree with finance focus (business admin, finance) or equivalent work experience
- Certified Corporate Trust Specialist (CCTS) or Corporate Trust Master Certification (CTMC)
- 4+ years of experience in the broadly syndicated and/or private credit loan market, or relevant experience
Nice To Haves
- Advanced MS Excel
- Understanding of credit products and markets
- Strong data reconciliation skills
Responsibilities
- Perform daily cash application and collateral position reconciliation
- Responsible for accurate/timely setup or delegation to associates of issues on all systems, preparing accounts for compliance review and responding appropriately to compliance exceptions
- Assist with global asset setup and maintenance
- Assist operational group to ensure cash processing and procedures fit within any new products the team onboards
- Perform trade and wire processing for daily trading activity
- Support the Relationship Manager with oversight of client relationships
- Participate in cross-training to learn other Corporate Trust roles and provide support, as needed
- Work with business solutions team to document business requirements for system and process improvement
- Organize and oversee team testing methodology for test scripts and appropriate full-cycle testing (unit, integration, system, and QA)
- Other duties as assigned
Benefits
- Paid Time Off
- a 401(k) matching program
- annual incentive pay
- paid holidays
- a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
- health savings, flexible spending, and dependent care accounts
- adoption assistance
- an employee assistance program
- fitness reimbursement
- tuition reimbursement
- an associate wellbeing program
- an associate emergency fund
- various associate banking benefits
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
