Hybrid CLO Deal Administrator – Financial Operations

U.S. Bank; Boston (MA); Hybrid; USD 38,000 - 51,000; Full time

Benefits offered by this job

Healthcare

Dental & Vision

Life Insurance

Disability

401(k)

Paid Vacation

Paid Holidays

Parental Leave

Adoption assistance

Sick Leave

Job summary

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

You will collaborate with clients and internal teams to ensure accuracy and timely processing, while learning CLO structures and maintaining robust controls. The role emphasizes detail orientation, data interpretation, and effective communication across multiple stakeholders.

Qualifications

• Bachelor's degree in finance or related field or equivalent work experience.
• Strong organizational skills with attention to detail.
• Effective written and verbal communication; ability to interpret data and resolve discrepancies.

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.
• Apply and process wires (sending and receiving).
• Settle bank loan and bond trades and manage trade lifecycle activity.
• Read and interpret deal notices and indenture-related documentation.
• Book cash inflows and outflows and invest excess cash as directed.
• Track asset attributes including accruals, ratings, and industry classifications.
• Produce and distribute daily, monthly, and quarterly client and investor reports.
• Communicate regularly with clients, portfolio managers, middle office teams, agents, and law firms.
• Manage high volumes of information and email in a fast-paced environment.
• Identify, investigate, and resolve exceptions through analysis and problem-solving.
• Support analysts with reporting and investor deliverables.

Skills

Organizational skills

Attention to detail

Communication skills

Data interpretation

Education

Bachelor's degree in finance or related field

Tools

Microsoft Excel

Job description

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

You will collaborate with clients and internal teams to ensure accuracy and timely processing, while learning CLO structures and maintaining robust controls. The role emphasizes detail orientation, data interpretation, and effective communication across multiple stakeholders.