CLO Structuring Associate
Raymond James · New York, NY · Yesterday
OTHR$80k–$175k/yrFull-time
About the role
The CLO Structuring Desk Associate supports the structuring and execution of Collateralized Loan Obligation (CLO) transactions. The role partners closely with senior structurers and syndicate teams to analyze collateral pools, model transaction economics, and support new issuance and refinancing activities. The position requires strong quantitative skills and attention to detail, with the ability to independently deliver high-quality analysis in a fast-paced, deal-driven environment.
Responsibilities
- Support the structuring and execution of new issue, reset, and refinancing CLO transactions.
- Set up and run CLO models for both investor and rating agency purposes.
- Analyze collateral portfolios, including key metric calculations and ensuring data integrity.
- Aid in the preparation of structuring materials, deal memos, rating agency submissions, investor presentations, and marketing materials.
- Monitor warehouse activity.
- Track market developments in CLO assets and liabilities, for both broadly syndicated and private credit markets.
- Handle administrative elements of transactions (e.g., NDAs, rating agency engagement).
Requirements
- Knowledge of CLO structures, and portfolio and waterfall indenture mechanics.
- Capital markets concepts and securitization processes.
- Advanced Excel modeling; familiarity with CLO modeling systems (e.g., Intex and rating agency models).
- Ability to independently manage analytical workstreams across multiple active transactions.
- Communicate clearly and concisely with senior structurers and cross-functional partners.
- Work effectively in a high-pressure, transaction-oriented environment.
- Identify risks, ask the right questions, and escalate issues appropriately.
- Continuously expand technical expertise in CLO markets and structuring mechanics.
Qualifications
- Bachelor's Degree (B.A.) and three (3) to five (5) years of experience in the financial services industry.
- Any equivalent combination of education, experience and/or training approved by Human Resources.
Skills
- Knowledge of CLO structures, and portfolio and waterfall indenture mechanics.
- Capital markets concepts and securitization processes.
- Advanced Excel modeling; familiarity with CLO modeling systems (e.g., Intex and rating agency models).
- Ability to independently manage analytical workstreams across multiple active transactions.
- Communicate clearly and concisely with senior structurers and cross-functional partners.
- Work effectively in a high-pressure, transaction-oriented environment.
- Identify risks, ask the right questions, and escalate issues appropriately.
- Continuously expand technical expertise in CLO markets and structuring mechanics.
Benefits
- Total compensation includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions.
- This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave.
- To view more details of the benefits offered, visit Myrjbenefits.com.
Pay
$80,000.00-$175,000.00
Schedule
Less than 25%