Specialist, Loans Modeling and Analytics - Structured Debt/CLO

BNY Mellon; Pittsburgh (Allegheny County); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Competitive compensation

Flexible resources

Generous paid leaves

Job summary

BNY Mellon is seeking a Specialist in Loans Modeling and Analytics to join our Corporate Trust Analytics team in Pittsburgh or Houston. In this critical role, you will use quantitative modeling to enhance CLO and loan products.

The ideal candidate has a degree in Finance or a related field, along with 2-3 years of experience in financial data analysis and a strong understanding of quantitative techniques. BNY offers competitive compensation and generous benefits, focusing on employee wellbeing.

Qualifications

• 2-3 years of experience in financial data analysis or structured finance.
• Basic understanding of CLO products and transaction types.
• Experience in quantitative finance preferred.

Responsibilities

• Develop and enhance CLO compliance and waterfall models.
• Analyze complex legal documents like CLO indentures.
• Build and analyze investor reports and dashboards.

Skills

Financial data analysis

Quantitative modeling

Analytical skills

Problem-solving

Communication skills

Education

Bachelor’s degree in Finance or related discipline

Tools

MS Excel

Power BI

VBA

Python

Alteryx

Job description

Specialist, Loans Modeling and Analytics (Structured Debt/CLO)

We’re seeking a future team member for the role of Specialist, Loans Modeling and Analytics to join our Corporate Trust Analytics team. In this critical role, you will leverage your expertise in debt markets and quantitative modeling to drive accuracy, efficiency, and actionable insights across model and investor report development for CLO and loan products. This role is located out of our Houston, TX or Pittsburgh, PA office.

Responsibilities

• Develop, maintain, QC, and enhance CLO compliance and waterfall models, including detailed analysis of coverage tests, collateral quality tests, concentration limits, payment structures, and cash flow mechanics to ensure adherence to indenture provisions.
• Analyze and interpret complex legal documents such as CLO indentures, offering memoranda, and related transaction documents, providing comments around modeling and analytical matters.
• Build and analyze investor reports and dashboards that detail compliance tests, noteholder distributions, asset-level information, and other key metrics, enabling timely and transparent communication with stakeholders.
• Utilize quantitative modeling techniques and predictive analytics to calculate and assess CLO portfolio performance, risk exposures, and stress test under various scenarios.
• Work with internal teams, client reference data, and other external data providers to integrate and validate datasets, ensuring high data integrity for model inputs and outputs.
• Perform statistical and trend analyses to identify model discrepancies, optimize performance, and implement enhancements to address issues in alignment with evolving market conditions and transaction structures.
• Collaborate with cross-functional teams to align on transaction requirements and support ad hoc reporting and analytics requests.
• Champion continuous improvement and data-driven innovation by identifying opportunities for automation and efficiency and supporting strategic initiatives aimed at enhancing team capabilities.

Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, Financial Engineering, Data Science, Computer Science, or related quantitative discipline or the equivalent combination of education and experience.
• 2-3 years of experience in financial data analysis, structured finance, corporate trust, CLOs, leveraged loans, or related products with a strong focus on quantitative modeling and analytics.
• Basic understanding of CLO products and transaction types such as new issue, refinancings, and resets and familiarity with related concepts.
• Beginner proficiency in programming languages such as VBA, Python, R, and/or SQL for coding payment and compliance rules, automating workflows, and building robust analytical tools with strong desire for further development.
• Experience in quantitative finance and technology preferred with advanced skills in MS Excel (including macros, advanced functions, and data manipulation), SharePoint, Alteryx, Power BI, or other platforms to develop dynamic reports, analytics, and visualizations.
• Strong analytical mindset and problem‑solving skills with demonstrated ability to apply quantitative techniques and predictive analytics to structured credit products.
• Strategic thinker with excellent communication skills and the ability to translate complex concepts into clear insights for diverse audiences.
• Maintain a high level of accuracy and attention to detail to ensure the integrity of financial models and reports.

Benefits and Rewards

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay‑for‑performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.