Job Order ID: 4665
Employment Type: Permanent
Job Location: Fairfield Connecticut
Target Salary:

Job Function:

The CLO Middle Office team oversees the day-to-day management of all our CLO funds.   Tasks include portfolio monitoring, financial modeling, required reporting, reviewing legal documents, data maintenance and systems enhancements.   CLO analysts interact not only with the traders, marketers, systems programmers, risk managers, and attorneys but also with prominent Wall Street underwriters and brokers, investors, trustees, international law firms and rating agency representatives.   Team members receive hands-on exposure to financial instruments such as leveraged loans and mortgage-backed and asset-backed securities.   Use of Excel, SQL, Visual Basic, Bloomberg and proprietary systems will be routine.

  • Perform daily portfolio reviews and reconciliations with the trustee and administrative providers
  • Assist the Loan Closing Team with trade related questions and resolve trade issues
  • Monitor portfolio corporate actions and ensure the proper actions and updates are done internally and with service providers
  • Monitor deal and warehouse cash balances and perform calculations for warehouse fundings and prepare funding memos
  • Assist in new issue CLO warehouse management, closing and effective date processes and ongoing coordination with audit and tax teams
  • Review principal & interest cash flows and resolve errors
  • Monitor asset ratings and other loan characteristics for accurate updates
  • Reconcile asset holdings and characteristics to compute daily and monthly test results and publish the monthly report
  • Prepare and review all calculations to maintain deal compliance and projected payments through the deal waterfall (e.g. Fees, Note payments)
  • Monitor and update Bloomberg, Markit and other service providers as needed
  • Build & maintain financial models and analytical solutions and ad hoc reports as needed for deal compliance and management reporting