CLO Deal Operations Specialist

U.S. Bank; Boston (MA); Hybrid; USD 78,970,000 - 105,246,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) plan

Paid vacation

Parental leave

Sick leave

Job summary

U.S. Bank in Boston, MA is seeking a CLO Deal Administrator to support daily and monthly reporting, track cash and par positions, settle trades, fund bank loans, and reconcile accounts. The role provides hands-on exposure to CLO structures and a foundation in financial operations through training.

The position is hybrid with in-office days three or more weekly, with flexibility for some remote work. Ideal for candidates with a finance background and up to two years of experience.

Qualifications

• Bachelor's degree in finance or related field, or equivalent work experience.
• Typically less than two years of relevant work experience.

Responsibilities

• Serve as the primary operational contact for assigned CLO clients
• Perform frontline administration for CLO portfolios, ensuring accuracy and timeliness
• Reconcile cash, positions, and portfolio activity across accounts
• Apply and process wires (sending and receiving)
• Settle bank loan and bond trades and manage trade lifecycle activity
• Read and interpret deal notices and indenture-related documentation
• Book cash inflows and outflows and invest excess cash as directed
• Track asset attributes including accruals, ratings, and industry classifications
• Produce and distribute daily, monthly, and quarterly client and investor reports
• Communicate regularly with clients, portfolio managers, middle office teams, agents, and law firms
• Manage high volumes of information and email in a fast‑paced environment
• Identify, investigate, and resolve exceptions through analysis and problem‑solving
• Support analysts with reporting and investor deliverables

Skills

Strong organizational skills

Microsoft Excel

Attention to detail

Communication skills

Education

Bachelor's degree in finance or related field

Tools

Microsoft Excel

Job description

U.S. Bank in Boston, MA is seeking a CLO Deal Administrator to support daily and monthly reporting, track cash and par positions, settle trades, fund bank loans, and reconcile accounts. The role provides hands-on exposure to CLO structures and a foundation in financial operations through training.

The position is hybrid with in-office days three or more weekly, with flexibility for some remote work. Ideal for candidates with a finance background and up to two years of experience.