CLO Middle Office Deal Administrator

Job Description

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.

Responsibilities

• Settling bond/bank loan trades and investing excess cash as directed by the Portfolio Manager
• Booking cash inflows/outflows to the portfolio
• Tracking asset attributes such as accrual information, rating, industry codes, etc.
• Providing reports to the clients on a daily/monthly/quarterly basis
• Assisting Analysts with reporting to the investors
• Ensuring accuracy and timeliness of data through proper booking and reconciliation of account activity

Qualifications

• Bachelor's degree in finance or related field, or equivalent work experience
• Typically two to four years of relevant work experience