CLO Portfolio Administration, Associate I

Alter Domus; Carmel (IN); On-site; USD 40,000 - 60,000; Full time

Benefits offered by this job

Alter Domus Academy

Learning resources (LinkedIn Learning)

Accreditations support

Flexible holidays + birthday day off

Mentoring

Employee Share Plan

EAP 24/7

Local benefits vary by location

Job summary

Alter Domus, a world-leading provider for the alternative investment industry, seeks a Portfolio Administration Associate to input, review, and process syndicated bank loan portfolios. You will work with Loan Services software and collaborate with clients and internal teams to ensure timely responses and accurate data.

You will manage cash and par coordination with clients/trustees, review reconciliation reports, and update portfolios with post-trade data.

Qualifications

• Associate’s or bachelor’s degree in finance, accounting, business, or economics preferred.
• Basic knowledge of loan operations, commercial mortgage lending, and/or loan securitization.
• Ability to independently research and resolve problems.
• Responsive, friendly, professional, highly organized, and superb communication style.
• Solid Excel experience;Bloomberg or loan tools knowledge advantageous.

Responsibilities

• Input, review, analyze and process portfolios of syndicated bank loans with accuracy.
• Work with Loan Services software and proprietary systems.
• Coordinate with external clients and internal teams to respond promptly.
• Manage daily cash and par coordination with client and trustee.
• Review and distribute cash reconciliation and daily reports to clients.
• Update client portfolios with post-trade data and ratings.
• Coordinate data reconciliation on CLO Monthly Reports.
• Interact with Loan Administration, Asset Services, Recon, Trade Settlement, Trustees and Agent Banks.

Skills

Loan operations

Data entry

Excel

Education

Associate's or Bachelor's degree

Finance/accounting/economics preferred

Tools

Bloomberg

Loan software systems

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:

• Work with the Portfolio Administration team to gain loan-product and functional knowledge of the bank loan market to accurately input, review, analyze and process portfolios of syndicated bank loans
• Work with relevant Loan Services software and proprietary systems
• Liaise and coordinate with external clients and internal account management teams to ensure timely responsiveness and resolution to inquiries
• Responsible for daily cash and par coordination with client and trustee
• Review and distribute cash reconciliation and other daily reporting to clients
• Update client portfolios with post trade attribute and rating information
• Coordinate initial data comparison and reconciliation on CLO Monthly Reports
• Effectively interact with internal and external parties such as Loan Administration team, Asset Services, Recon, Trade Settlement, Trustees and Agent Banks.

QUALIFICATIONS:

• Associate’s or bachelor’s degree in finance, accounting, business, or economics preferred
• Basic knowledge of loan operations, commercial mortgage lending, and/or loan securitization with product knowledge and/or customer service experience
• Ability to independently research and resolve problems
• Responsive, friendly, professional, highly organized, and superb communication style
• Solid Microsoft Excel experienceKnowledge or familiarity with Bloomberg, performance systems, and other loan research and analysis tools an advantage
• Exceptional attention to detail and ability to thrive within a high-volume data-entry environment with both proficiency and accuracy
• Demonstrated willingness to work within a deadline-driven environment.

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/)