CLO Primary Desk - Structuring - Associate

About the role

The CLO Primary desk is seeking a self-motivated Associate to join the premier CLO arranging platform. You will work in an intellectually rigorous environment, receiving hands-on training from senior team members in the analysis and modeling of CLOs. The role is multifaceted and complex, requiring deep analytical skills, adaptability, and a drive to solve challenging problems. You will collaborate closely with colleagues across credit, leveraged loan trading, sales, private credit financing, and syndicate, operating within a dynamic banking function at a leading markets business. The team values diverse perspectives, encourages knowledge sharing, and fosters a collaborative and supportive culture.

Responsibilities

• Build, maintain, and run CLO cash flow models; produce transaction analytics and outputs used for marketing, execution, and internal review
• Develop in-depth familiarity with rating agency models and Intex; reconcile and tie out cash flows and outputs across platforms
• Analyze loan portfolios and distill key metrics, risks, and performance drivers to support structuring decisions
• Learn and apply rating agency criteria and methodology; support and help manage the ratings process and related deliverables
• Support documentation workflows by reviewing, tracking, and coordinating comments with counsel and internal stakeholders; verify document updates are implemented accurately
• Ensure consistency between deal documentation and modeling assumptions across rating agency and investor models
• Respond to investor analytics requests; clearly summarize results for senior deal leads and incorporate feedback into deliverables
• Prepare, quality control, and update investor marketing materials, pitch books, and deal outputs; ensure terms and materials are updated as transactions evolve
• Support transaction execution timelines and deliverables (including price-to-close process) and coordinate across syndicate, legal, and middle office/operations through closing
• Monitor warehouse/ramp status and collateral composition versus modeling assumptions; flag deviations and potential risks early
• Identify tasks suitable for automation and support process improvements to enhance team efficiency and controls
• Manage junior workflow on assigned workstreams and review analysts' work product for accuracy and consistency

Requirements

• Prior experience in CLOs, leveraged finance, structured credit, or a closely related credit markets role
• Strong quantitative and analytical skills; advanced Excel required; Python/VBA a plus
• Strong attention to detail and ability to manage complexity and ambiguity under tight deadlines
• Strong organizational and project management skills; ability to manage multiple priorities in a high-pressure environment
• Strong written and verbal communication skills; ability to collaborate effectively across functions
• Intellectual curiosity and commitment to continuous learning and professional development
• Familiarity with rating agency methodologies and CLO documentation
• SIE, Series 7, Series 63, and Series 79 licenses are required

Benefits

• Comprehensive health care coverage
• On-site health and wellness centers
• Retirement savings plan
• Backup childcare
• Tuition reimbursement
• Mental health support
• Financial coaching

Pay

Competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.