About the position
We have an exciting opportunity to work with one of our prestigious clients at a Tier 1 Investment Bank within the Collateralized Loan Obligations (CLO) space. The ideal candidate will have a minimum of 2 years’ relevant financial experience, specifically with CLO/CDO knowledge.
Responsibilities
• Review and interpret CDO indenture documents to extract relevant compliance requirements.
• Monitor and manage the lifecycle of CLO transactions, including asset reconciliation, reporting, and cash flow administration.
• Settle bond/bank loan trades & invest excess cash, as directed by Portfolio Manager.
• Review and interpret transaction documents to ensure compliance with legal and operational standards.
• Prepare and deliver investor reports, payment calculations, and waterfall distributions in a timely and accurate manner.
• Coordinate with trustees, custodians, rating agencies, and portfolio managers to address transaction-related inquiries or issues.
• Maintain accurate records of asset-level activity, collateral performance, and deal-specific information.
• Track asset attributes including accrual information, rating, and industry codes.
• Conduct regular reconciliations of accounts to ensure data accuracy and completeness.
• Assist in onboarding new transactions and ensuring a smooth transition for all stakeholders.
• Identify and resolve discrepancies or errors in data and calculations.
• Stay updated on market trends, regulatory requirements, and industry best practices to enhance operational efficiency.
Requirements
• Bachelor's Degree
• 2+ years relevant financial experience
• CLO/CDO knowledge and experience
• Ability to work in a fast-paced environment
• Strong communication skills
• Advanced Excel skills
• Strong understanding of structured finance and CDO indenture language.
• Proficiency in SQL for data querying and analysis.
• Experience with Solvas or similar structured credit platforms.
• Detail-oriented with strong analytical and problem-solving skills.
Nice-to-haves
• SQL knowledge
• CDO Suite experience
• Demonstrated strong analytical skills and attention to detail