CLO Portfolio Administration, Account Manager

Socket.dev; Carmel-by-the-Sea (CA); Hybrid; USD 90,000 - 105,000; Full time

Benefits offered by this job

Professional accreditations

Flexible arrangements

Birthday day off

Career mentoring

Employee assistance

Employee share plan

Local benefits

Job summary

Alter Domus is seeking a seasoned leader to manage a Debt Capital Markets operations team, owning client deliverables and driving process improvements. You will communicate with clients and internal parties, and take strategic direction with Directors and Managing Directors.

You will mentor staff, oversee P&L, ensure regulatory compliance and timely reporting, and expand client relationships while championing the Alter Domus brand across the organization.

Qualifications

• 5+ years of experience in a business or finance-related capacity.
• Knowledge of loan operations, commercial mortgage lending, or loan securitization.
• CLO compliance and Waterfall modeling experience preferred.
• Experience in direct management and training of team members.

Responsibilities

• Own end-to-end business line process and communicate with internal/external parties.
• Provide strategic direction with Directors/Managing Directors.
• Take full ownership of client deliverables and delegate duties appropriately.
• Ensure timeframes and deliverables with Client and Trustee are met.
• Perform active relationship management and resolve issues with clients.
• Proactively expand client relationships by understanding Alter Domus services.
• Ensure compliance with procedures/regulations and clear exceptions.
• Ensure cash reconciliation is sent to clients and daily reporting is reviewed.
• Oversee input and review of trades; manage P&L of the team.
• Drive process improvements and final delivery of solutions.
• Conduct regular workflow reviews for optimal execution.
• Understand cross-unit interactions within Debt Capital Markets.
• Assist with new client onboarding and end-to-end invoice process.
• Serve as Subject Matter Expert on client engagements.
• Lead training and development of staff; mentor and coach.

Skills

Excel

Communication

Attention to detail

Team management

Organization

Bloomberg familiarity

Problem solving

Education

Bachelor's degree in finance, accounting, business, or economics

Tools

Bloomberg

Performance systems

Loan research tools

Job description

ABOUT US:

As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.

With a deep understanding of what it takes to succeed in alternatives, we believe in being different in what we do, how we work, and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.

Find out more about life at Alter Domus at careers.alterdomus.com

JOB DESCRIPTION:

• Expert in end-to-end business lineprocess. Ability to communicateprocessto internal and external parties.
• Provide strategic direction of business unit and initiatives. Work with Director and Managing Director to move forward.
• Take full ownership of client deliverables, delegation of duties while ensuring team members are taking appropriate ownership and executing tasks.
• Ensure timeframes and deliverables agreed with Client and Trustee are met.
• Perform active relationship management role and manage issues as they arise objectively and directly with the client for resolution.
• Proactively expand client relationships by recognizing their needs and understanding Alter Domus suite of services.
• Ensure exceptions are cleared and procedures and regulations are followed.
• Ensure cash reconciliation is sent to the client.
• Review and approve daily reporting.
• Ensure input and review occur and trades are input in a timely fashion.
• Manage P&L of team. Be efficient in use of headcount.
• Ownership of process improvement and final delivery of solutions.
• Conduct regular workflow reviews with staff to ensure optimal execution.
• Mastery of internal workflows, processes, and management of deadlines.
• Understand other business unit functions within Debt Capital Markets and how it impacts the team.
• Assist with new client onboarding.
• Take on full invoice process from request to client delivery.
• Subject Matter Expert at Alter Domus on client engagements.
• Assume responsibility for training and development of all C&SP staff.
• Coach, mentor, and support team through all aspects of assignments.
• Ensure training and development of staff is appropriate and consistent.
• Lead, develop and mentor career path of team members.
• Apply experience and understanding of market and best practices when managing transactions and communicating with other parties involved.
• Champion Alter Domus brand.

YOUR PROFILE:

• Bachelor’s degree in finance, accounting, business, or economics preferred
• 5+ years of experience within a business or finance-related capacity.
• Basic knowledge of loan operations, commercial mortgage lending, or loan securitization with product knowledge and/or customer service experience.
• Previous experience with CLO compliance and Waterfall modeling.
• Experience in direct management and training of team members preferred.
• Ability to independently research and resolve problems.
• Responsive, friendly, professional, highly organized, and superb communication.
• Solid Microsoft Excel experience.
• Knowledge or familiarity with Bloomberg, performance systems, and other loan research and analysis tools a plus.
• Exceptional attention to detail and able to thrive within a high-volume data-entry environment with both proficiency and accuracy; and
• Demonstrated willingness to work within a deadline-driven environment.

Illinois salary range depending on experience: $90,000-105,000

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

WHAT WE OFFER:

We are committed to supporting your development, advancing your career, and providing benefits that matter to you.

Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.

Our global benefits also include:

• Support for professional accreditations
• Flexible arrangements, generous holidays, plus an additional day off for your birthday!
• Continuous mentoring along your career progression
• Active sports, events and social committees across our offices
• 24/7 support available from our Employee Assistance Program
• The opportunity to invest in our growth and success through our Employee Share Plan
• Plus additional local benefits depending on your location

Alter Domus is an Equal Opportunity Employer: Equity Statement
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)

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