CLO Portfolio Administrator- Private Credit

Job Description

The Collateralized Loan Obligation Group (CLO) is a division within Corporate Trust Services. CLOs are structured finance vehicles that issue both debt and equity liabilities, with the proceeds being used to buy a portfolio of collateral. Typical types of collateral include syndicated bank loans, corporate bonds, asset-backed securities, mortgage-backed securities, and Mezzanine debt. Responsibilities include : settles bond / bank loan trades and invests excess cash as directed by the Portfolio Manager, books cash inflows / outflows to the portfolio, tracks asset attributes such as accrual information, rating, industry codes, etc., provides reports to the clients on a daily basis, and assists Analysts with reporting to the investors. Ensures 100% accuracy and timeliness of data through proper booking and reconciliation of account activity.

Basic Qualifications - Bachelor's degree in finance or related field, or equivalent work experience - Four or more years of related work experience Preferred Skills / Experience - Thorough knowledge of assigned functional area, including applicable systems, policies, procedures, and regulatory requirements - Strong organizational skills and detail-oriented - Well-developed indenture interpretation abilities and analytical skills - Excellent verbal and written communication skills - Ability to manage multiple tasks / projects and deadlines simultaneously - Ability to work both independently and as a team player - Proficient computer skills, especially Microsoft Office applications - Basic knowledge of Wallstreet Office, SEI, and CDO Suite preferred

The role offers a hybrid / flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours) :

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

Pay Range : $32.21 - $42.93