Senior Specialist, CLO Client Operations

BNY Mellon; Houston (TX); On-site; USD 80,000 - 100,000; Full time

Job summary

BNY Mellon is seeking a Senior Specialist in CLO Client Reporting based in Houston, Texas. This role is crucial in delivering accurate reporting on Collateralized Loan Obligations for clients and internal stakeholders.

The ideal candidate will possess a Bachelor’s degree and 5-7 years of experience in quantitative finance or a related field. Strong analytical skills and proficiency in VBA/SQL are valuable. Join us to support strategic initiatives through operational excellence and collaboration.

Qualifications

• 5-7 years of total work experience required.
• Experience in CLO, structured finance, or fixed-income reporting preferred.
• Prior analytical role experience like financial modeling or valuation.

Responsibilities

• Owns and runs portfolio Compliance and waterfall Models.
• Liaise with clients to agree on tests results.
• Resolve basic modeling issues highlighted during the reporting cycle.
• Collaborate with Position Services to resolve data issues.
• Act as the go-between for Position Servicing and CSM.
• Incorporate Client/Auditor feedback on models/test results.

Skills

Quantitative finance

VBA

SQL

Data analytics

Financial modeling

Education

Bachelor's degree or equivalent

Job description

Senior Specialist, CLO Client Reporting

Location: Houston, Texas

Overview

• As part of BNY's Corporate Trust business (Structured Debt Platform), the CLO Reporting Analyst Team delivers timely, accurate, and insightful reporting on Collateralized Loan Obligations for internal stakeholders and external investors.
• You will be a partner through analytics, operations, client service and other stakeholders.
• This role supports BNY's strategic pillars - Be More for our Clients, Run our Company Better, and Power our Culture by ensuring transparent communication, operational excellence, and a collaborative mindset.

Impact

• Owns and runs portfolio Compliance and waterfall Models and deliver quality 1st draft to CSM: CLO Reporting team will be responsible for running the CLO Compliance and waterfall model and prepare draft periodic reports based on agreed timeline between CSMs and RAs.
• Agree tests with client: Reporting analysts will liaise directly with clients to agree on the tests results. This includes discussions and agreement on inputs/parameters impacting tests.
• Resolve basic modelling issues: Reporting team will also own fixing basic modeling issues highlighted during the reporting cycle. For significant model change, analytics team will get involved.
• Engage Position Services to resolve exceptional data issues identified: For more complex or unusual data problems, reporting team will collaborate with Position Services to get those sorted out efficiently.
• Operates between Position Servicing and CSM: This team will act as the go-between for Position Servicing and the Client Service Manager, making sure communication flows smoothly and tasks are coordinated.
• Analyze and incorporate Client/Auditor feedback on test results: Reporting team will be responsible to work on any client/auditor feedback related to models/ test results.

Qualifications

• Bachelor's degree or the equivalent combination of education and experience.
• 5 - 7 years of total work experience required.
• Experience in quantitative finance and technology preferred.
• Any experience in CLO, structured finance, or fixed-income reporting will be preferred.
• Prior experience in analytical role like financial modeling, valuation models, data analytics.
• Proficiency in VBA/SQL will be valuable.
• No direct reports; provides guidance to more junior analysts and is primarily responsible for the accuracy and quality of own work and the work of assigned project team members.