CLO Deal Operations Specialist

Us Bank; Houston (TX); Hybrid; USD 50,000 - 67,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) plan

Paid vacation

Sick leave

Holiday pay

Adoption assistance

Disability insurance

Parental leave

Job summary

U.S. Bank's CLO Deal Administrator role supports daily and monthly reporting, cash tracking, and trade settlements within a fast-paced financial operations environment in Houston.

You will interact with internal teams and external clients to ensure accuracy and timeliness, building a strong foundation in financial operations through training and on‑the‑job learning. The position emphasizes attention to detail, strong Excel skills, and the ability to manage multiple priorities while communicating

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

Excel

Attention to detail

Communication

Multi-tasking

Education

Bachelor's degree in finance or related field

Job description

U.S. Bank's CLO Deal Administrator role supports daily and monthly reporting, cash tracking, and trade settlements within a fast-paced financial operations environment in Houston.

You will interact with internal teams and external clients to ensure accuracy and timeliness, building a strong foundation in financial operations through training and on‑the‑job learning. The position emphasizes attention to detail, strong Excel skills, and the ability to manage multiple priorities while communicating