Loan Agency Portfolio Administrator - Collateralized Loan Obligation

U.S. Bank; Chicago (IL); Hybrid; USD 30,000 - 41,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

Parental leave

401(k) retirement plan

Paid vacation and holidays

Adoption assistance

Job summary

U.S. Bank is seeking a CLO Loan Agency Portfolio Administrator to settle bonds and loans, manage cash flows, and maintain accurate asset data. You will support analysts, produce client reports, and ensure timely data reconciliation across the CLO portfolio.

The role requires strong Excel skills, attention to detail, and the ability to manage multiple priorities in a hybrid environment. Charlotte, NC-based office with in-office expectations and flexible scheduling is offered.

Qualifications

• Bachelor's degree in finance or related field, or equivalent work experience.
• Typically less than two years of relevant work experience.
• Demonstrated accuracy in data handling and reporting.

Responsibilities

• Settle bond and bank loan trades and manage cash positions.
• Track asset attributes (accruals, ratings, industry codes) and reconcile data.
• Prepare daily, monthly, and quarterly client reports and support investor reporting.
• Ensure data accuracy and timely resolution of exceptions.
• Assist Analysts with data provisioning and improve reconciliation processes.

Skills

Organizational skills

Attention to detail

Prioritization

Written & verbal communication

Data interpretation

Stress resilience

Excel proficiency

MS Office navigation

Education

Bachelor's degree in finance or related field

Tools

Microsoft Excel

Microsoft Office

Job description

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services in the world. Our clients look to us for trustee, agency, escrow, document custody and money market issuing services via our 48 domestic offices and three international offices.

The Collateralized Loan Obligation Group (CLO) is a division within Global Corporate Trust and Custody. CLOs are structured finance vehicles that issue both debt and equity liabilities, with the proceeds being used to buy a portfolio of collateral. Typical types of collateral include syndicated bank loans, corporate bonds, ABS, MBS, and Mezzanine debt. Investors can choose between a variety of risk return options.

Key responsibilities of the CLO Loan Agency Portfolio Administrator

Settling bond and bank loan trades, investing excess cash as directed by the Portfolio Manager, and booking all cash inflows and outflows to the portfolio. The role is responsible for tracking asset attributes such as accrual information, ratings, and industry codes, and for producing daily, monthly, and quarterly client reports. They will also support Analysts with investor reporting and ensure the accuracy and timeliness of data through proper booking, reconciliation, and resolution of exceptions.

Basic Qualifications

• Bachelor's degree in finance or related field, or equivalent work experience
• Typically less than two years of relevant work experience

Preferred Qualifications

• Strong organizational skills with exceptional attention to detail
• Basic understanding of indenture documentation and analytical skills
• Ability to manage multiple priorities, deadlines, and clients simultaneously
• Effective written and verbal communication skills
• Ability to interpret data and resolve discrepancies
• High stress tolerance and resilience in a deadline-driven environment
• Proficiency in Microsoft Excel
• Strong computer navigation skills across Microsoft Office applications

Location Expectations

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days. Office location is in Charlotte, NC.

This position is not eligible for visa sponsorship, and does not support STEM OPT.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $22.50 - $30.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.