Loan Administrator

Overview

• Support the operational lifecycle of Collateralized Loan Obligation (CLO) transactions with precision and compliance.
• Ensure accurate trade processing and settlement within CLO portfolios, collaborating with portfolio managers and custodians.
• Monitor and reconcile cash flows, including interest payments, principal repayments, and expense allocations.
• Maintain adherence to CLO indenture terms, investment guidelines, and regulatory requirements.
• Document trade activities, amendments, and portfolio transactions accurately and systematically.
• Collaborate with technology and data teams to resolve system issues and implement operational enhancements.
• Contribute to system automation initiatives to improve efficiency and accuracy in operations.
• Work in a hybrid environment, combining in-office and remote work arrangements.

Key Responsibilities & Duties

• Process and reconcile primary and secondary loan trades within CLO portfolios.
• Coordinate with portfolio managers, custodians, trustees, and counterparties for timely trade settlements.
• Monitor cash flows, including interest payments and principal repayments, ensuring accurate allocations.
• Assist in waterfall modeling and cash distribution processes for CLO transactions.
• Ensure compliance with CLO indenture terms and regulatory requirements.
• Maintain detailed records of trade documentation, amendments, and portfolio activities.
• Support system enhancements and automation initiatives to streamline operations.
• Collaborate with technology and data teams to resolve system-related issues effectively.

Job Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• 2–5 years of experience in CLO operations, loan administration, or structured finance.
• Strong understanding of syndicated loans, CLO structures, and waterfall mechanics.
• Proficiency in Excel; familiarity with loan systems like Wall Street Office or ClearPar is advantageous.
• Excellent attention to detail and organizational skills to manage multiple priorities.
• Strong communication and interpersonal skills for effective collaboration.
• Ability to work in a hybrid environment, combining in-office and remote work.
• Commitment to integrity, teamwork, and promoting a respectful work environment.