About the job
Location: Houston
Role Type: Full Time
Join a leading Tier 1 Investment Bank in the dynamic world of Collateralized Loan Obligations (CLO). We are seeking a motivated CLO Operations Specialist with at least 2 years of relevant financial experience. This is a unique opportunity to work closely with industry leaders and hone your skills in a fast-paced environment.
Key Responsibilities:
- Analyze and interpret CDO indenture documents to ensure compliance with regulatory requirements.
- Oversee the lifecycle of CLO transactions, focusing on asset reconciliation, reporting, and cash flow management.
- Facilitate bond and bank loan trade settlements, and manage excess cash investments as directed by the Portfolio Manager.
- Ensure all transaction documents meet legal and operational compliance standards.
- Prepare detailed investor reports, payment calculations, and waterfall distributions with precision and timeliness.
- Work in collaboration with trustees, custodians, rating agencies, and portfolio managers to resolve transaction-related queries.
- Maintain comprehensive records of asset-level activities, collateral performance, and deal-specific details.
- Monitor key asset attributes including accruals, ratings, and industry classifications.
- Conduct regular reconciliations of accounts to guarantee data integrity.
- Assist in the onboarding of new transactions to ensure seamless transitions for all parties involved.
- Identify and rectify discrepancies or inaccuracies in data and calculations.
- Stay abreast of market trends, regulatory updates, and best practices to drive operational efficiency.
