CLO Loan & Asset Operations Analyst I

U.S. Bank; Chicago (IL); On-site; USD 54,000 - 71,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and employer-funded retirement

Paid vacation

Up to 11 paid holiday opportunities

Parental leave

Sick leave

Job summary

U.S. Bank is seeking a CLO Loan/Asset Administrator 1 to support complex bond and structured finance portfolios for institutional investors.

You will reconcile cash activity, forecast payments, and ensure accurate portfolio records while collaborating with internal teams and external providers. The role emphasizes financial data analysis, problem-solving, and attention to detail, with responsibilities spanning multiple systems and investor reporting.

Qualifications

• Typically an Associate’s or Bachelor’s degree, or equivalent work experience.
• Typically less than two years of relevant work experience.
• Experience in banking, finance, lending, accounting support, or financial operations.
• Understanding of basic financial concepts, including interest calculations and payment processing.
• Strong analytical and problem-solving abilities.
• Ability to identify discrepancies, research issues, and determine appropriate resolutions.
• Excellent organizational skills and attention to detail.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong communication and collaboration skills.
• Proficiency with Microsoft Office applications and the ability to learn new systems quickly

Responsibilities

• Reconcile cash activity and balances across assigned bond and investment portfolios.
• Review and research differences between projected and actual payments received.
• Investigate discrepancies using financial reports, governing documents, and multiple internal and external resources.
• Support investor reporting activities and ensure appropriate access to information.
• Forecast future payments by analyzing balances, interest rates, payment schedules, and other financial data.
• Maintain accurate portfolio records and documentation.
• Monitor outstanding issues and partner with internal teams and external providers to resolve exceptions.
• Navigate multiple systems and reports to ensure accurate and timely portfolio processing.

Skills

Analytical thinking

Problem solving

Organizational skills

Attention to detail

Communication skills

Collaboration

Education

Associate’s or Bachelor’s degree

Tools

Microsoft Office

Job description

U.S. Bank is seeking a CLO Loan/Asset Administrator 1 to support complex bond and structured finance portfolios for institutional investors.

You will reconcile cash activity, forecast payments, and ensure accurate portfolio records while collaborating with internal teams and external providers. The role emphasizes financial data analysis, problem-solving, and attention to detail, with responsibilities spanning multiple systems and investor reporting.