Hybrid CLO Deal Operations Specialist

U.S. Bank; Chicago (IL); On-site; USD 73,841,000 - 98,361,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) matching

Paid vacation

11 paid holidays

Job summary

U.S. Bank’s Global Corporate Trust Services division is seeking a CLO Administrator at the entry-to-mid level in Chicago, IL, with 0–5+ years of experience. The role covers daily/monthly reporting, cash tracking, and trade settlements within a fast-paced CLO environment.

The position offers a hybrid schedule in Chicago with in-office expectations of several days per week and comprehensive benefits. Candidates should have a finance background and strong Excel skills to manage client portfolios

Qualifications

• Bachelor's degree in finance or related field.
• Strong organizational skills with exceptional attention to detail.
• Proficiency in Microsoft Excel and basic data interpretation.
• Ability to manage multiple priorities, deadlines, and clients simultaneously.
• Effective written and verbal communication skills.

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

Attention to detail

Excel

Organization

Multitasking

Communication skills

Education

Bachelor's degree in finance or related field

Job description

U.S. Bank’s Global Corporate Trust Services division is seeking a CLO Administrator at the entry-to-mid level in Chicago, IL, with 0–5+ years of experience. The role covers daily/monthly reporting, cash tracking, and trade settlements within a fast-paced CLO environment.

The position offers a hybrid schedule in Chicago with in-office expectations of several days per week and comprehensive benefits. Candidates should have a finance background and strong Excel skills to manage client portfolios