Structured Credit Services Closing Team Specialist- Director
About The Position
Structured Credit Services (SCS) was started back in 2000 to provide trustee, calculation agent, collateral administration, custodial, loan administration and paying/transfer agent services on over 400 SPVs both domestically and throughout Europe/Asia. As the Closing Team Specialist is the primary point of contact for existing and new clients as new structures are being developed. You will coordinate with various internal and external parties to ensure the successful closure of transactions. In addition, as the Closing Team Specialist you will participate in RFPs and prospective client pitches. You must have a deep understanding of bank loans, CLOs, ABLs, private credit, middle market and other complex fixed income structures. Support of business’ revenue, cost and strategic goals.
Requirements
- BA/BS, preferably in Accounting, Finance, Business or Economics, MBA a plus
- Minimum 5 years of CLO bank loan experience
- Understanding of general accounting and financial reporting principles
- Strong understanding of structured credit products
- Competent in all MS Office products
Nice To Haves
- Advanced MS Excel abilities - Comfortable with complex formulas and modelling techniques
- Strong written/verbal communication skills
- Strong organizational skills
Responsibilities
- First point of contact for prospective and new client relationships
- Review and provide comments on drafts of legal transactional documents for new structures
- Communicate with counsel, underwriters, investment managers, rating agencies, and bondholders
- Ensure responsibilities and deliverables are managed pursuant to the CLO Indenture
- Follow all Internal Key Operating Procedures
- Oversee the accuracy of initial monthly compliance reports and quarterly investor distribution reporting packages.
- Must have intimate knowledge of all calculations for compliance tests, concentration limitations and waterfall distributions
- Approval of financial transactions
- Develop and roll out solutions for clients
- Close interaction with DB Senior Management, Operations, Group Audit, Analytics, Legal and other internal stakeholders
Benefits
- A diverse and inclusive environment that embraces change, innovation, and collaboration
- A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
- Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
- Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
- Educational resources, matching gift and volunteer programs
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What This Job Offers
Job Type
Full-time
Career Level
Director
Number of Employees
5,001-10,000 employees
