CLO Tranche Analyst - Cash Flow & Risk Modeling

New York Life Investment Management; New York (NY); On-site; USD 115,000 - 164,500; Full time

Job summary

New York Life Investment Management in New York is seeking a CLO Tranche Analyst to support the public leveraged finance team. The analyst will focus on credit risk assessment and cash flow modeling for CLO debt tranches. Responsibilities include analyzing debt tranches, modeling cash flows, and conducting ongoing surveillance of CLO holdings.

The ideal candidate will have a Bachelor's degree in Finance and 2–6 years of experience in structured credit or leveraged finance. The position offers a salary range of $115,000-$164,500 plus a discretionary bonus.

Qualifications

• 2–6+ years of experience in structured credit or leveraged finance.
• Strong understanding of CLO debt tranche mechanics and risk drivers.
• Proficiency with CLO modeling tools and advanced Excel.

Responsibilities

• Analyze CLO debt tranches focusing on downside protection.
• Model tranche cash flows under various scenarios.
• Evaluate CLO structural features and monitor credit quality.
• Support primary and secondary market CLO analysis and trading.

Skills

CLO modeling and analytics tools

Advanced Excel skills

Analytical skills

Strong communication skills

Education

Bachelor’s degree in Finance, Economics, Mathematics

Tools

Intex

Bloomberg

Python

VBA

SQL

Job description

New York Life Investment Management in New York is seeking a CLO Tranche Analyst to support the public leveraged finance team. The analyst will focus on credit risk assessment and cash flow modeling for CLO debt tranches. Responsibilities include analyzing debt tranches, modeling cash flows, and conducting ongoing surveillance of CLO holdings.

The ideal candidate will have a Bachelor's degree in Finance and 2–6 years of experience in structured credit or leveraged finance. The position offers a salary range of $115,000-$164,500 plus a discretionary bonus.