Deal Administrator - Collateralized Loan Obligation (multiple levels)

About the role

U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services in the world, offering trustee, agency, escrow, document custody and money market issuing services through 48 domestic offices and three international offices. The Collateralized Loan Obligation (CLO) Group is a division within Global Corporate Trust and Custody that manages structured‑finance vehicles backed by portfolios of syndicated bank loans, corporate bonds, ABS, MBS, and mezzanine debt. The CLO Deal Administrator supports daily and monthly reporting, tracks cash and par positions, settles trades, funds bank loans, and reconciles accounts to ensure all portfolio activity is accurate and complete. This fast‑paced, detail‑focused role provides hands‑on exposure to CLO structures while building a strong foundation in financial operations through training and on‑the‑job learning.

Key Responsibilities

• Serve as the primary operational contact for assigned CLO clients.
• Perform frontline administration for CLO portfolios, ensuring accuracy and timeliness.
• Reconcile cash, positions, and portfolio activity across accounts.
• Apply and process wires (sending and receiving).
• Settle bank loan and bond trades and manage trade lifecycle activity.
• Read and interpret deal notices and indenture‑related documentation.
• Book cash inflows and outflows and invest excess cash as directed.
• Track asset attributes including accruals, ratings, and industry classifications.
• Produce and distribute daily, monthly, and quarterly client and investor reports.
• Communicate regularly with clients, portfolio managers, middle office teams, agents, and law firms.
• Manage high volumes of information and email in a fast‑paced environment.
• Identify, investigate, and resolve exceptions through analysis and problem‑solving.
• Support analysts with reporting and investor deliverables.

Basic Qualifications

• Bachelor’s degree in finance or related field, or equivalent work experience.
• Typically less than two years of relevant work experience.

Preferred Qualifications

• Strong organizational skills with exceptional attention to detail.
• Basic understanding of indenture documentation and analytical skills.
• Ability to manage multiple priorities, deadlines, and clients simultaneously.
• Effective written and verbal communication skills.
• Ability to interpret data and resolve discrepancies.
• High stress tolerance and resilience in a deadline‑driven environment.
• Proficiency in Microsoft Excel.
• Strong computer navigation skills across Microsoft Office applications.

Location & Schedule

Office location is in Houston, TX. The role offers a hybrid/flexible schedule with an in‑office expectation of three or more days per week.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short‑term and long‑term disability
• Pregnancy disability and parental leave
• 401(k) and employer‑funded retirement plan
• Paid vacation (two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Pay

Pay range: $24.18 – $32.21 per hour (reflects the lowest level of the position).