Overview
As part of the Loan Market Solutions Division, the CLO & Loan Administration team provides trustee & custodian services to sophisticated loan asset managers. Wilmington is responsible for tracking and maintaining all daily activity including the collection of payments and investor waterfall distributions. Additionally, the team monitors and reports on various portfolio compliance requirements related to the underlying portfolio asset attributes. Join our dynamic experienced team focused on enhancing overall client experience through technology and continuous process improvement. Candidates who are interested in a fast-paced environment with career advancement opportunities should apply.
Primary Responsibilities
Continuous reassessment and evaluation of processes is engrained in the team's DNA. We take a collaborative approach to identifying, assessing, developing, and implementing solutions across the platform. Additionally, we anticipate special projects and initiatives to be a regular occurrence for team members to participate in.
You'll gain experience by :
How You Can Grow Your Career
Our team employs extensive cross-training in order to provide employees with a comprehensive view of all aspects of servicing our clients. This position will provide the opportunity to learn various roles, processes & procedures to meet client expectations. Defining and building individualized career pathing for our staff including leadership, project related, client relationship, operations and analytics roles.
Education and Experience Required
Bachelor's degree and a minimum of 1 year relevant work experience with direct client contact, OR in lieu of a degree, a combined minimum of 4 years' higher education and / or work experience, including a minimum of 1 year's relevant work experience with direct client contact.
Strong focus on customer service and satisfaction.
Excellent verbal and written communications skills.
Education and Experience Preferred
Bachelors Degree in Finance, Business, Economics or Accounting.
Highly Proficient in Microsoft Office, SQL.
Exceptional organizational skills with an attention to detail.
Excellent interpersonal and analytical skills with a strong balance of qualitative and quantitative skills.
Demonstrated ability to work as part of a team, as well as contribute on an individual basis.
Familiarity with various loan products Bi-Lateral ABL Facilities, SMAs, Private Funds, MM & BSL CLOs, Business Development Companies.
Professional work experience at CLO Trustee, Loan Agent / Bank, Middle Office Provider or CLO Manager.
System / Application experience - Clearpar, Solvas / CDO Suite, SEI, Wall Street Office, LoanIQ.
We support our employees every step of the way.
Position may be based anywhere throughout the U.S.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $27.24 - $45.40 (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location : Wilmington, Delaware, United States of America
Client Administrator • Wilmington, DE, US