Lead impactful CLO operations projects in a dynamic, fast-paced environment. Collaborate with industry experts to optimize processes and compliance. Enhance your expertise in CLO management and operational strategies.
Clo Operations Associate
in Financial Services PermanentJob Detail
Job Description
Overview
- Manage CLO operations, connecting front, middle, and back-office processes for seamless execution.
- Serve as the primary liaison for internal and external stakeholders, ensuring effective communication and collaboration.
- Oversee compliance and operational controls, including overdraft reports and annual reviews.
- Support the warehouse ramp-up phase to CLO securitization, ensuring operational efficiency.
- Participate in special projects to enhance team effectiveness and operational processes.
- Monitor industry trends and attend conferences to stay updated on CLO market developments.
- Collaborate with portfolio managers to optimize asset allocation and trading analyses.
- Review and approve trustee reports, ensuring accuracy and compliance with indentures.
Key Responsibilities & Duties
- Coordinate warehouse facilities and CLO deal closings, collaborating with underwriters and placement agents.
- Provide operational guidance during the drafting of deal documents.
- Manage hypothetical trading processes to determine asset fit within CLOs.
- Track portfolio attributes specific to portfolio manager views and indentures.
- Review models created by shadow compliance agents and trustees per indenture.
- Oversee daily asset, position, and cash reconciliations with middle office and trustees.
- Attend weekly CLO management meetings to discuss pipeline and investment opportunities.
- Serve as project manager for software implementations related to CLO operations.
Job Requirements
- Bachelor’s Degree in a relevant field is required.
- 5-8 years of experience managing CLO operations directly or through outsourced providers.
- Proficiency in CLO operations systems such as WSO Compliance, Sentry, Solvas, and Allvue.
- Knowledge of syndicated bank loans market and risk retention compliance.
- Experience with SQL and database query tools is desirable.
- Strong written and verbal communication skills for client interactions.
- Demonstrated ability to manage CLO operations and outsourced providers effectively.
- Good working knowledge of Excel and Bloomberg is essential.
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