Senior Deal Administrator - Collateralized Loan Obligation
About The Position
U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services in the world. Our clients look to us for trustee, agency, escrow, document custody and money market issuing services via our 48 domestic offices and three international offices. The Collateralized Loan Obligation Group (CLO) is a division within Global Corporate Trust and Custody. CLOs are structured finance vehicles that issue both debt and equity liabilities, with the proceeds being used to buy a portfolio of collateral. Typical types of collateral include syndicated bank loans, corporate bonds, ABS, MBS, and Mezzanine debt. Investors can choose between a variety of risk return options.
Requirements
- Bachelor's degree in finance or related field, or equivalent work experience
- Typically four or more years of relevant work experience
- Thorough knowledge of assigned functional area, including applicable systems, policies, procedures, and regulatory requirements
- Strong organizational skills and detail-oriented
- Well-developed 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
- Settles bond/bank loan trades and invests excess cash as directed by the Portfolio Manager.
- Books cash inflows/outflows to the portfolio.
- Tracks asset attributes such as accrual information, rating, industry codes, etc.
- Provides reports to the clients on a daily/monthly/quarterly basis.
- Assists Analysts with reporting to the investors.
- Ensures accuracy and timeliness of data through proper booking and reconciliation of account activity.
Benefits
- Healthcare (medical, dental, vision)
- 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 (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 worked, up to 80 hours per calendar year unless otherwise provided by law
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What This Job Offers
Job Type
Full-time
Career Level
Senior
