CDO Loan Asset AdministratorCategoryBanking OperationsJob Id2025-0023732Posting Start Date10 / 20 / 2025Anticipated Posting End Date10 / 26 / 2025Job TypeFull timeJob available in 2 locationsChicago, IL, United StatesSaint Paul, MN, United States

Clo Loan Asset Administrator

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel atall from Day One.

We are seeking a self-motivated Clo Loan Asset Administrator to join our team. The Collateralized Loan Obligation (CLO) Group is a specialized division within Global Corporate Trust and Custody. CLOs are structured finance vehicles that issue both debt and equity liabilities, using the proceeds to purchase a portfolio of collateral. This role is responsible for managing daily CLO system operations ensuring accuracy and timeliness across all processes.

Key Responsibilities :

• Research and resolve discrepancies between portfolios holding the same bond.
• Ensure timely and accurate entry of client responses on corporate actions.
• Clear past due items and unapplied balances.
• Communicate daily with Trustees and Agent Banks to confirm receipt of payments and reports.
• Process transactions in CDO Suite and manage notices related to facilities and liabilities.
• Navigate blackout periods at month-end, quarter-end, and year-end, including remote work expectations during these times.
• Demonstrate initiative and ownership in a fast-paced environment with minimal supervision.
• Apply problem-solving skills to resolve system and data issues, including troubleshooting website glitches and formatting inconsistencies.

Basic Qualifications :

Preferred Skills / Experience :

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) :

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.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range : $25.77 - $34.33