Leading Multi-Billion Dollar Middle Market Firm
Position Summary: We are looking for a colleague to join our Operations team with a focus on CBO/CLO & Leveraged Loan Operations. This team member will be responsible for supporting Operations, Accounting, Traders and the Investment Team for the firm’s CBO and CLO platforms.
Position Responsibilities: • Perform daily portfolio reviews and reconciliations with the trustee and administrative providers • Reconciliation of monthly CBO/CLO reporting and quarterly distributions • Monitor portfolio corporate actions and ensure the proper actions and updates are done internally and with service providers • Closely monitor deal and warehouse cash balances and perform calculations for warehouse fundings and prepare drawdown requests • Involvement in new issue CBO/CLO warehouse management, closing date, and effective date processes and ongoing coordination with audit and tax teams • Support Capital Markets/Structuring team in CBO/CLO transactions, including new issues, resets, re-issues & refinancing’s • Run hypothetical trades to ensure compliance with CBO/CLO indentures and support investment team • Working with fund accountants, closing team and administrators to resolve any bank loan related inquiries or discrepancies • Assist with ad hoc projects requested by internal/external parties (investment team, auditors, etc.)
Required Background and Qualifications: • 3-7 years of Operations experience in Banking, Audit or CLO/Fixed Income manager • Bachelor’s Degree • Knowledge of CBO/CLO Monthly Reporting, Quarterly Waterfalls, and deal indentures • Experience with WSO, Markit, or other loan processing systems • Comfortable with cash and position reconciliations • Strong Excel skills • Excellent attention to detail and work ethic
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