Vice President, Private Fund and CLO Operations

Guggenheim Investments•New York City, NY

1d•$130,000 - $140,000

About The Position

Guggenheim Investments is seeking a Vice President to join the Private Fund and CLO Operations team within Asset and Entity Services group. This individual will be responsible for the modeling and ongoing maintenance of CLOs and Private Funds. The position requires close interaction with various parties including traders, client service support, custodian/trustee banks, fund administrators, legal counsel and credit analysts. This role will involve working in a dynamic team environment, presenting opportunities to further develop bank loan industry knowledge, and supports the Private Fund and CLO Operation team’s objectives and initiatives. The ideal candidate will possess a basic understanding of bank debt and fixed income securities. The Vice President role presents an opportunity to join a team that sits at the ‘hub’ of Guggenheim Investments at an exciting time of growth and evolution at all levels of the company. The position is located in New York City, full-time.

Requirements

Undergraduate degree with 5-7 years of relevant work experience in investment management with the desire to excel in an operations role supporting CLO-related products
Operational knowledge in bank debt and fixed income securities
Proficient in the use of Microsoft Office Suite, specifically Excel
Must be able to multi-task in a fast paced and challenging environment

Nice To Haves

At least 6 years of CLO-related and/or structured product experience
Knowledge of Wall Street Office, Aladdin, and Bloomberg
Team-oriented individual with the ability to work well across diverse groups in a collaborative, dynamic team environment
Strong analytical skills including ability to analyze and manage large sets of interconnected data and information
Ability to design, document and assist in implementing processes
Organized, detail-oriented and extremely thorough with strong problem-solving skills and demonstrated ability to take initiative
Excellent written and verbal communication skills with an ability to collaborate with internal teams and external clients and service providers
Operational knowledge of both broadly syndicated and Middle Market CLO structures, leverage facilities, warehouses, and other structured products.
Ability to effectively prioritize and manage time to complete deliverables timely and accurately
Ability to navigate legal documents such as Indentures, Credit Agreements, Loan Servicing Agreements, Collateral Management Agreements, etc.

Responsibilities

Develop and maintain CLO model that provides testing guidelines including overcollateralization, interest coverage and collateral quality tests specified in Indentures by use of proprietary models
Run pre-trade testing for proposed trades utilizing the CLO models and approve trades in front office system
Review and tie-out extensive data for trustee monthly and quarterly payment reports
Advise Finance of any management fees or reimbursable expenses that are expected with support such as management fee accrual calculations or invoices
Provide weekly CLO snapshot which includes KPI, positions summary, proforma quarterly distribution, redemption analysis, and transactions to portfolio managers and trade desk
Assist manager with data collection for any ad hoc requests related to due diligence/RFP, audit, revenue and fee analysis
Maintain borrowing base files for leverage facilities and facilitate any fundings or paydowns on the leverage as directed by portfolio management
Refresh monthly private funds team metrics and quarterly QPR.
Provide necessary information needed to produce 1099-MISC by compiling vendor payments and tax IDs for tax reporting on annual basis
General fund oversight which includes monitor and maintain covenants of CLOs and leverage facilities
Calculate and signoff on waterfall calculations relating to Risk Retention vehicles