CLO Loan Asset Operations Specialist

Socket.dev; Saint Paul (IL); Hybrid; USD 33,000 - 44,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance (basic and optional)

Disability insurance (short-term and长期

Parental leave

401(k) and employer match

Paid vacation (2–5 weeks)

Paid holidays (up to 11)

Adoption assistance

Sick leave

Job summary

U.S. Bank’s CLO Group supports loan portfolios by maintaining accurate loan and asset information, processing transactions, and resolving operational issues in a fast-paced financial environment. The role offers a hybrid schedule with about 60% on-site work in St.

Paul, MN and Chicago, IL, with mandatory overtime during month-end and quarter-end periods. Ideal candidates have 2+ years of relevant experience and a 2-year/4-year degree combination.

Qualifications

• Typically an Associate's or Bachelor's degree, or equivalent work experience.
• Typically less than two years of relevant work experience.

Responsibilities

• Monitor daily reports and dashboards to identify and resolve operational exceptions.
• Process agent bank notices, interest payments, rate settings, paydowns, and other loan-related activity.
• Maintain accurate loan and asset information within CLO systems and assigned portfolios.
• Research discrepancies and investigate missing payments, reports, or transaction activity.
• Partner with agent banks, trustees, and internal teams to resolve issues and obtain missing information.
• Process and track global activity impacting multiple deals and portfolios.
• Ensure activities are completed accurately and within required deadlines.

Skills

Organizational skills

Attention to detail

Interpersonal skills

Deadline management

MS Office proficiency

Education

Associate's degree

Bachelor's degree

Tools

MS Office

CLO systems

Job description

U.S. Bank’s CLO Group supports loan portfolios by maintaining accurate loan and asset information, processing transactions, and resolving operational issues in a fast-paced financial environment. The role offers a hybrid schedule with about 60% on-site work in St.

Paul, MN and Chicago, IL, with mandatory overtime during month-end and quarter-end periods. Ideal candidates have 2+ years of relevant experience and a 2-year/4-year degree combination.