CLO Deal Operations Specialist

Us Bank; Boston (MA); Hybrid; USD 39,000 - 51,000; Full time

Benefits offered by this job

Healthcare

401(k) and employer-funded retirement

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Life insurance

Job summary

U.S. Bank's Global Corporate Trust Services division seeks a CLO Deal Administrator in Boston. This role supports daily and monthly reporting, reconciles accounts, and handles wires while building a foundation in financial operations through training.

You will interact with internal teams and external clients, promoting accuracy in a fast-paced environment. Responsibilities include managing high volumes of information, settling trades, and preparing investor reports.

Qualifications

• Bachelor's degree in finance or related field or equivalent work experience.
• Typically less than two years of relevant work experience.
• Strong organizational skills with attention to detail.
• Ability to manage multiple priorities and deadlines.
• Effective written and verbal communication skills.

Responsibilities

• Serve as the primary operational contact for assigned CLO clients.
• Perform frontline administration for CLO portfolios with 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.
• Produce and distribute daily, monthly, and quarterly client and investor reports.
• Communicate regularly with clients, portfolio managers, middle office teams, agents, and law firms.

Skills

Bachelor's degree in finance

Attention to detail

Organizational skills

Microsoft Excel

Communication skills

Multi-priority management

Education

Bachelor's degree in finance or related field

Typically less than two years of relevant work experience

Tools

Microsoft Excel

Microsoft Office

Job description

U.S. Bank's Global Corporate Trust Services division seeks a CLO Deal Administrator in Boston. This role supports daily and monthly reporting, reconciles accounts, and handles wires while building a foundation in financial operations through training.

You will interact with internal teams and external clients, promoting accuracy in a fast-paced environment. Responsibilities include managing high volumes of information, settling trades, and preparing investor reports.