CLO Operations Manager

Gibel & Associates Inc.; New York (NY); Ibrido; USD 190.000 - 300.000; Tempo pieno

Vantaggi offerti da questo lavoro

Hybrid work schedule

Excellent benefits

Descrizione del lavoro

Gibel & Associates Inc. seeks an experienced CLO Operations Manager in New York to lead a small operations team across the CLO lifecycle, including reconciliations, reporting, and transactions.

The role requires 8–15 years in CLO/structured credit with strong Excel and stakeholder-management skills, plus a Bachelor’s degree. Hybrid work schedule, strong benefits, and growth opportunities are offered.

Competenze

• 8-15 years of CLO/structured credit operations experience.
• Experience leading or mentoring an operations team.
• Deep CLO lifecycle knowledge: warehouses, new issues, closings.
• Strong knowledge of credit agreements, CLO indentures, and trustee reporting.
• Advanced Excel with large data sets and resolving discrepancies.
• Excellent organizational, prioritization, communication, and problem-solving skills.
• Bachelor’s degree in Finance, Accounting, Business or related field.

Mansioni

• Lead and develop a small operations team for CLO operations.
• Oversee reconciliations, reporting, trustee files, and distributions.
• Manage loan activity including accruals, rate resets, paydowns, and corporate actions.
• Oversee warehouse cash balances, drawdowns, and close procedures.
• Partner with Research and Trading on new issues, refinancings, and trade activity.
• Oversee investment data setup and maintenance including reference data.
• Coordinate with trustees, administrators, custodians, fund accountants, and tax teams.
• Identify controls and process improvements to scale operations.

Conoscenze

Leadership

CLO operations

Excel

Analytical skills

Stakeholder management

Communication

Problem solving

Formazione

Bachelor's degree in Finance/Accounting/Business

Strumenti

ClearPar

LSTA/LMA trade documentation

Virtus

Descrizione del lavoro

Leading multibillion-dollar investment adviser focused on global high-yield and credit markets seeks an experienced "CLO Operations Manager" with approximately 8-15 years of relevant experience in CLO, structured credit, loan operations, or a related field, preferably acquired with a CLO manager, credit-focused asset manager, or similar structured credit platform.

This is an excellent hands-on leadership opportunity to lead and develop a small operations team while playing an important role in the ongoing management and development of a sophisticated CLO and structured credit platform. The CLO Operations Manager will have significant interaction with Research, Trading, Fund Accounting, and external service providers across the CLO lifecycle.

Key Responsibilities

• Team Leadership & Development: Manage, mentor, and develop a team responsible for CLO operations and administration.
• CLO Operations, Reconciliations & Reporting: Oversee portfolio, position, cash, and transaction reconciliations and review monthly CLO reporting, trustee files, waterfall calculations, and distributions.
• Loan & Portfolio Activity: Oversee interest accruals, rate resets, paydowns, amortization events, corporate actions, and other loan-related activity.
• CLO Warehouse Management: Monitor CLO and warehouse cash balances, calculate warehouse fundings, prepare drawdown requests, and support closing and effective date procedures.
• Trade & Investment Support: Partner with Research and Trading on new issues, resets, refinancings, purchases, sales, trade capture and allocation, and related portfolio activity.
• Investment & Reference Data: Oversee investment, issuer, and security setup and maintenance, including related reference data.
• External & Internal Coordination: Work closely with trustees, administrators, custodians, fund accountants, Audit, Tax, Research, Trading, and other internal teams to resolve operational and reporting matters.
• Process Improvement: Identify opportunities to strengthen controls, improve reporting and processes, and enhance operating efficiency and scalability.

Qualifications

• 8-15 years of relevant experience in CLO, structured credit, loan operations, or a related field, preferably acquired with a CLO manager, credit-focused asset manager, or similar structured credit platform.
• Prior experience managing or mentoring an operations team; familiarity with Virtus is a plus.
• Strong understanding of the CLO lifecycle, including warehouses, new issues, closing and effective dates, resets, refinancings, distributions, trustee reporting, waterfalls, and ongoing administration.
• Strong understanding of credit agreements, CLO indentures, agent notices, ClearPar, and LSTA/LMA trade documentation.
• Strong Microsoft Excel and analytical skills, including experience working with large data sets and resolving discrepancies.
• Excellent organizational, prioritization, communication, and problem-solving skills.
• Ability to work effectively with senior stakeholders, internal teams, and external service providers in a fast-paced, global environment.
• Bachelor’s degree in Finance, Accounting, Business, or a related field.

Base salary: $190,000-$215,000, with excellent benefits, a hybrid work schedule, all-in compensation of up to $300,000, and a bonus buyout option available.

Our client has a history of rewarding employees with long-term career advancement and offers a professional, collaborative environment providing growth, opportunity, and stability.