Assistant Controller-CLO

Squarepoint; Greater London; Presencial; GBP 120.000 - 180.000; Jornada completa

Descripción de la vacante

Squarepoint is seeking an Assistant Controller to oversee CLO accounting, financial reporting, and internal controls for our collateralized loan obligation programs within a global, systematic hedge fund. The role requires collaboration with trustees, fund administrators, and auditors.

You will manage monthly/quarterly reporting, NAV calculations, and waterfall processes, and prepare management packages for senior leadership.

Formación

• Bachelor's degree in Accounting, Finance, or related field; CPA strongly preferred.
• 5–10+ years in fund accounting, structured credit, or CLO administration.
• Hands-on CLO experience: collateral accounting, waterfalls, and reporting.
• Strong GAAP knowledge and experience with trustees/auditors.

Responsabilidades

• Oversee full accounting lifecycle for CLO vehicles, including collateral accounting and waterfall mechanics.
• Review trustee reports and NAV calculations for accuracy against records.
• Coordinate with trustees/fund admins to reconcile positions and reporting.
• Prepare management-level packages of CLO performance, fees, and risk metrics.
• Support external audits and responses to auditor inquiries.

Conocimientos

Fund accounting

CLO reporting

GAAP knowledge

Excel advanced

Trustees & auditors liaison

Educación

Bachelor's degree in Accounting/Finance

CPA preferred

Herramientas

Wall Street Office

ClearPar

Geneva

Descripción del empleo

We are seeking a Assistant Controller (level commensurate with experience) to oversee the accounting, financial reporting, and operational control functions for our Collateralized Loan Obligation (CLO) product suite within a global, systematic, multi-strategy hedge fund. This role sits at the intersection of fund accounting, structured credit operations, and external reporting, and requires close, ongoing collaboration with independent trustees, fund administrators, and collateral agents. The successful candidate will be a key control point for the accuracy, timeliness, and integrity of CLO-related financial information provided to internal stakeholders and external parties (investors, lenders, auditors, and regulators).

CLO Accounting & Reporting

• Oversee the full accounting lifecycle for CLO vehicles, including collateral accounting, waterfall mechanics, and compliance test reporting (OC/IC tests, collateral quality tests)
• Review and approve monthly/quarterly trustee reports, payment date reports, and note valuation reports for accuracy against internal books and records
• Coordinate with independent trustees and fund administrators to reconcile collateral positions, cash activity, and NAV calculations
• Review distribution waterfalls and payment calculations ahead of each payment date

PnL and Management Reporting

• Review daily/monthly PnL for CLO strategies, investigating and resolving breaks between trading systems, administrator records, and trustee reports
• Prepare and review management-level financial packages summarizing CLO performance, fees, and risk/return metrics for internal leadership and investment teams
• Support attribution analysis distinguishing mark-to-market movements, realized gains/losses, and interest income/expense

External and Investor Reporting

• Prepare or review financial statements, investor letters, and capital account statements related to CLO vehicles
• Serve as a primary point of contact for fund administrators and independent trustees on accounting treatment, reporting timelines, and issue resolution
• Support external audit processes (annual audits, agreed-upon procedures) including preparation of audit schedules and responses to auditor inquiries

Controls & Process

• Maintain and strengthen internal controls over CLO financial reporting, including reconciliations between the collateral manager’s books, trustee reports, and administrator NAVs
• Identify and implement process improvements and automation opportunities across CLO reporting workflows
• Ensure compliance with governing documents (indentures, collateral management agreements) from an accounting and reporting perspective
• Partner with Operations, Legal, and Compliance on new CLO issuances, resets, refinancings, and wind-downs

Required Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field; CPA strongly preferred
• 5–10+ years of relevant experience in fund accounting, structured credit, or CLO administration (asset management, fund administrator, trustee, or public accounting background considered)
• Direct hands‑on experience with CLO structures — collateral accounting, waterfall mechanics, and trustee/administrator reporting — is required
• Strong understanding of loan/credit instruments, GAAP, and relevant regulatory reporting requirements
• Experience working directly with trustees, fund administrators, and auditors
• Advanced Excel skills; experience with fund accounting or CLO-specific systems (e.g.,Wall Street Office, ClearPar, Geneva, or similar) a plus
• High attention to detail, strong organizational skills, and ability to manage multiple deadline-driven reporting cycles simultaneously
• Excellent written and verbal communication skills, with the ability to present financial information clearly to both technical and non-technical audiences
• Comfortable operating in a fast‑paced, global, multi‑strategy hedge fund environment