Lead, Structured Products

TIAA • Frisco, TX

2d • $108,000 - $154,000

About The Position

Lead, Structured Products Reporting The Lead for Structured Product Reporting oversees the Leveraged Finance platform, a broad offering of below investment grade credit capabilities, including traditional public credit (Loans and High Yield), structured credit/Collateralized Loan Obligations (CLOs), and hedged credit (Long-Short, Convert Arb and Distressed). Working under limited supervision, this role is responsible for all aspects of the structured product lifecycle from warehouse formation to the dissolution of the CLO.

Requirements

• 3+ Years Required; 5+ Years Preferred
• Physical Requirements: Sedentary Work
• 5+ years of comprehensive understanding Collateralized Loan Obligations (CLOs) full lifecycle and advanced financial reconciliation and validation Experience
• Ability to work dynamically with global collaboration within LevFin operations team.
• Excellent written and verbal communication, interpersonal and conflict resolution skills.
• Ability to conduct complex analysis and present data in a meaningful way.
• Open minded, flexible, and willing to listen to and incorporate other colleagues’ opinions in team projects.
• Strong organizational skills necessary to meet deadlines, prioritize projects, multi-task, and assist other team members on organizing daily workflows.
• Excellent research & analytical as well as problem solving skills.

Responsibilities

• Provides senior support for LevFin CLO analytic and collaborate with other colleagues in various locations to ensure quality of reporting & data provided to investment team and various other users of this information.
• Functions as one of the key contacts with trustees and agent banks in relation to issues and resolution of problematic discrepancies with custodians, trustees, agent banks, and/or counterparties.
• Evaluate and validate the accuracy of collateral quality, concentrations and coverage tests.
• Review CLOs waterfalls and validate management, trustees, and other fees.
• Confirm the accuracy of various test results calculations according to CLOs indentures.
• Organize the maintenance of all Leverage Finance activity (interest rate resets, principal repayments, principal drawdowns, margin changes) in all Leverage Finance systems.
• Assist in WSO data, transactions discrepancies and liaise with service provider to resolve issues.
• Review cash/currency positions and assess potential FX spot and forward adjustments and communicate to front office as appropriate.
• Deliver cashflow projections to portfolio managers, analysts, and Leverage Finance Operations.
• Assess and address training needs of staff in current and future-state assets and systems.
• Liaise with managers in documentation process requirements and updating of procedures for Leverage Finance CLO analytics.
• Assist with the creation, tracking, and reporting of metrics for the Leverage Finance Operations team.
• Provide a senior support for CLO closing reconciliation, fund liquidation & onboarding new funds.
• Ensuring integrity of all assets attributes in systems and following up with all parties for updates.

Benefits

• The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones.
• Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees