CLO Deal Administrator

Us Bank; Dublin; On-site; EUR 40,000 - 60,000; Full time

Benefits offered by this job

Performance-based incentives

Training and education support

Employee recognition programs

Job summary

Us Bank is seeking two CLO Deal Administrators for its Dublin Office. This key role involves overseeing bond and loan trade settlements, ensuring data accuracy, and generating cash reports within a dynamic team.

Ideal candidates will have a background in Financial Services, excellent communication skills, and a strong attention to detail. The position offers competitive compensation and growth opportunities.

Qualifications

• 1-4 years experience in Financial Services or Operations Analyst role.
• Knowledge of cash reconciliations and settlements.
• Experience or theoretical knowledge of CLOs is beneficial.

Responsibilities

• Oversee bond and bank loan trade settlements.
• Generate Daily Cash Reports reconciling asset payments.
• Investigate and resolve discrepancies in transactions.

Skills

Attention to detail

Strong organizational skills

Verbal and written communication

Numeracy

Job description

Job Description

We are currently looking to hire 2 CLO Deal Administrators for our Dublin Office.

The CLO division sits within US Bank’s Global Corporate Trust (GCT) division. CLO’s 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 & equity.

The CLO Deal Administrator role is a key role within our Corporate Trust Business and offers a good level of individual responsibility and accountability, whilst being part of a dynamic and successful business line with opportunity for future growth and development.

Responsibilities of this role include: oversight and execution of bond/bank loan trade settlements, analysis of Money Market Fund investment requirements, booking cash inflows/outflows to the portfolio, tracking asset attributes such as accrual information, providing cash & asset reporting to the clients on a daily basis, and assisting the Analysts with reporting to the CLO investors. The Deal Administrator ensures 100% accuracy and timeliness of data through the booking and reconciliation of account activity.

Context / Environment for this role

The role holder will be required to build and maintain effective relationships across the Bank and its parent, as well as with external parties, clients, and stakeholders.

The role holder will be part of a specialist team and will be expected to exhibit teamwork, attention to detail, ability to work to tight deadlines, detailed technical knowledge with the ability to manage a heavy and varied workload.

Principal accountabilities of Position

• Cash & Asset Reconciliation responsibility for a portfolio of CDO/CLO transactions
• Generate accurate Daily Cash Reports that reconcile asset payments and receivables on an Actual vs Expected model basis
• Investigate and resolve any exceptions / discrepancies arising. Ability to resolve transactional and portfolio related issues
• Process Broadly Syndicated Loan trades from trade ticket to settlement/payment request stage
• Analysis and oversight of automated Trade settlement processes
• Daily Review of available cash balances & Money Market Funds to ensure sufficient liquidity to action trade settlements
• Receive Bond/Securities tickets and Loan Trade Documents from Clients, review for accuracy, complete relevant documentation and liaise with internal Operations Team’s to ensure they settle within agreed time scales in the market
• Liaise directly with Clients/Counterparties/Agent Banks and other departments for Bond/Loan & Cash related queries
• Settle Loan and Bond transactions on internal compliance system – CDO Suite
• Reconcile Cash & Asset Balances with our clients to support CDO Analytics in the production of Monthly CDO Investor Report

Experience

• Typically 1-4 years experience within Financial Services with experience of cash recs / settlements / client engagement or in a relatable Operations Analyst role
• Preferably with knowledge of fixed income, debt, loans or derivatives and a passion to enter the CLO market or some previous CLO experience or theoretical knowledge of CLO's be hugely beneficial
• Looking for someone with a good level of numeracy and attention to detail
• Excellent verbal and written communication skills and a client centric approach
• Ability to work both independently and as a team player
• Strong organizational skills and detail-oriented
• Relationship building across several internal groups & divisions
• Ability to manage a heavy and varied workload while demonstrating strong attention to detail
• Indenture/Credit Agreement interpretation abilities and analytical skills are preferrable

Location expectations

This role requires working from a U.S. Bank location three (3) or more days per week. (Cherrywood or London - Old Broad Street Office)

Accessibility

We are committed to providing an inclusive and accessible recruitment experience. If you need adjustments at any stage of the application or hiring process, please contact your recruiter for guidance and support.

Total Rewards

U.S. Bank is committed to fair, equitable, and transparent compensation practices in line with local regulatory and legal requirements. Our total rewards approach is designed to attract, retain, and support top talent while ensuring equal pay for work of equal value.

We offer a market-competitive compensation package that includes:

• Clearly defined salary ranges aligned with industry benchmarks and internal equity standards.
• Performance-based incentives for eligible employees (as defined by relevant plan rules), awarded through transparent, objective criteria that recognize both individual and company performance.
• Inclusive equitable benefits that are accessible to all employees and focused around our 3 main pillars of financial wellbeing, health & wellness.
• Continuous development opportunities including training, education support, and career progression pathways based on inclusive and transparent criteria.
• Employee recognition programs that celebrate achievements and milestones for all.

Employee benefits and development | U.S. Bank | Elavon

Closing Date

Posting may be closed earlier due to high volume of applicants.

We aim to provide timely updates throughout the process and encourage early applications to ensure consideration.