CLO Operations - Chicago/Boston

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.

Requirements

• 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.