Middle Office Deal Administrator - Collateralized Loan Obligation

U.S. Bank • Chicago, IL

1d

About The Position

The Collateralized Loan Obligation Group (CLO), within Global Corporate Trust and Custody, administers 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 Middle Office Deal Administrator 2 supports CLO portfolios by processing trades and cash activity, tracking asset attributes, and preparing client and investor reporting. The role ensures data accuracy and timeliness through proper booking and reconciliation of account activity.

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, 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.
• 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.
• Pension.

What This Job Offers

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