CLO Operations Associate — Hybrid Finance

Us Bank; Chicago (IL); Hybrid; USD 54,000 - 71,000; Full time

Job summary

U.S. Bank is seeking a CLO Deal Administrator in Chicago, IL to support daily and monthly reporting, reconciliation, and trade settlement for CLO portfolios.

The role offers a hybrid schedule with in-office days and the opportunity to learn CLO structures and financial operations. You will work with internal teams and clients, handle high‑volume data, and develop a solid foundation in finance through hands‑on training.

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 exceptional attention to detail.
• Basic understanding of indenture documentation and analytical skills.

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.
• Produce and distribute daily, monthly, and quarterly client and investor reports.

Skills

Organizational skills

Attention to detail

Communication skills

Time management

Excel proficiency

Multi-tasking

Data interpretation

Microsoft Office

Education

Bachelor's degree in finance or related field

Tools

Microsoft Excel

Job description

U.S. Bank is seeking a CLO Deal Administrator in Chicago, IL to support daily and monthly reporting, reconciliation, and trade settlement for CLO portfolios.

The role offers a hybrid schedule with in-office days and the opportunity to learn CLO structures and financial operations. You will work with internal teams and clients, handle high‑volume data, and develop a solid foundation in finance through hands‑on training.