Hybrid CLO Deal Operations Specialist

US Bank; Boston (MA); Hybrid; USD 70,000 - 110,000; Full time

Benefits offered by this job

Hybrid schedule

Job summary

U.S. Bank’s CLO Deal Administration group in Boston is hiring an analyst to support day-to-day CLO portfolio operations, reporting, and cash management. You will work with deal notices, indenture documents, and client communications to ensure accuracy and timeliness.

The role offers hands-on exposure to CLO structures with training and robust on-the-job learning in a fast-paced financial operations environment. Strong attention to detail and clear communication are essential for success.

Qualifications

• Bachelor's degree in finance or related field, or equivalent work experience.
• Flexibility to learn and support daily/monthly CLO reporting and portfolio activity.
• Attention to detail and accuracy in cash, positions, and reconciliations.
• Strong written and verbal communication for client and internal interactions.
• Ability to manage multiple priorities and deadlines in a fast-paced environment.

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.

Skills

Strong organizational skills

Analytical skills

Multitasking / prioritization

Written & verbal communication

Data interpretation

Resilience under pressure

Microsoft Excel

Microsoft Office proficiency

Education

Bachelor's degree in finance or related field

Tools

Microsoft Excel

Microsoft Office

Job description

U.S. Bank’s CLO Deal Administration group in Boston is hiring an analyst to support day-to-day CLO portfolio operations, reporting, and cash management. You will work with deal notices, indenture documents, and client communications to ensure accuracy and timeliness.

The role offers hands-on exposure to CLO structures with training and robust on-the-job learning in a fast-paced financial operations environment. Strong attention to detail and clear communication are essential for success.