Senior CLO Compliance Analyst

Fidelity National Information Services•Houston, TX

58d

About The Position

We are FIS. Our technology powers the world's economy and our teams bring innovation to life. We champion diversity to deliver the best products and solutions for our colleagues, clients, and communities. If you're ready to start learning, growing, and making an impact with a career in fintech, we'd like to know: Are you FIS? About the Team Virtus from FIS is a leading provider of alternative investment services and technology solutions, specializing in delivering comprehensive front, middle, and back-office services to asset managers, banks, and other institutional investors. Virtus helps its clients manage their alternative investment portfolios, including CLO/CDOs, private equity, hedge funds, and other alternative assets. What You Will Be Doing The Virtus CLO Compliance/Analytics Team handles the financial modeling, reviewing, and stress testing compliance models for collateralized loan obligations (CLOs) and similar transactions. The Senior CLO Compliance Analyst is responsible for ensuring models are developed, reviewed, and tested in accordance with transaction documents, to ensure quality standards are achieved. Transaction management to perform deal modeling responsibilities: Review deal documents to identify potential inconsistencies or interpretational issues. Liaise with deal closing team to communicate and resolve any issues with collateral manager, underwriter and rating agencies. Identify and communicate any potential gaps with current system functionality to Director of Analytics and develop requirements for programming staff. Configure and test models to the specifications of the testing and report requirements defined in deal documents following established methods and standards. Perform complete stress-testing of the models and any new functionality developed by the programming staff. Liaise with the Client Services management to ensure the data, model and report are complete and meet the client's expectations. Perform ongoing maintenance and support of the models through the lifecycle of the deal. Work well across business lines to ensure process and procedures are streamlined, while minimizing liability and risk, and tactfully communicating sensitive information. Perform QC responsibilities, engaging with trust account managers and senior trust administrators to maintain and improve processes for verifying the accuracy of compliance models. This involves: Review compliance models against transaction documents to ensure models are complete and ensure established methods and standards are followed. Stress-test models to verify expected results and produced. Communicate results to management and working with modeling analysts to resolve defects. Analyze results of QC reviews and use data to continually improve overall process through creation of new standards, updating of procedures, and communication with team. May mentor, guide, advise and/or check the work of less experienced business systems analysts.

Requirements

Bachelor's degree in finance, accounting, related field, or equivalent combination of education, training, and work experience.
Typically, at least 3-4 years of experience in structured finance, CLO, CBO, and/or CDO transactions, and financial modeling.
Experience reading/interpreting and calculating compliance tests and guidelines from CLO indentures.
Working knowledge of CDO Suite or similar CLO administration platform.
Advanced Excel skills, and high proficiency with Microsoft Office.
Ability to mitigate risk and identify gaps in process and procedures to implement solutions.
Strong leadership skills to pursue excellence in all aspects of business and work with the highest ethical standards.

Nice To Haves

Experience with Microsoft SQL or other programming language.

Responsibilities

Review deal documents to identify potential inconsistencies or interpretational issues.
Liaise with deal closing team to communicate and resolve any issues with collateral manager, underwriter and rating agencies.
Identify and communicate any potential gaps with current system functionality to Director of Analytics and develop requirements for programming staff.
Configure and test models to the specifications of the testing and report requirements defined in deal documents following established methods and standards.
Perform complete stress-testing of the models and any new functionality developed by the programming staff.
Liaise with the Client Services management to ensure the data, model and report are complete and meet the client's expectations.
Perform ongoing maintenance and support of the models through the lifecycle of the deal.
Work well across business lines to ensure process and procedures are streamlined, while minimizing liability and risk, and tactfully communicating sensitive information.
Review compliance models against transaction documents to ensure models are complete and ensure established methods and standards are followed.
Stress-test models to verify expected results and produced.
Communicate results to management and working with modeling analysts to resolve defects.
Analyze results of QC reviews and use data to continually improve overall process through creation of new standards, updating of procedures, and communication with team.
May mentor, guide, advise and/or check the work of less experienced business systems analysts.