CLO Fund Administration recruitment
Key Responsibilities:
• Run hypothetical trade evaluation tests
• Accuracy and timing has a direct effect on the compliance of the portfolios with collateral quality and limitation tests.
• Prepare and check asset sale and purchase execution in accordance with LMA standards from primary and secondary loan markets.
• Ensure timely and accurate investor reporting
• Establish a relationship with the trustees and swap counterparts to ensure a timely and correct flow of information.
• Complete and accurate maintenance of all asset, cash, credit and market events within the CDO system and any other data sources maintained.
• Ad hoc creation of data and historical trends for internal reporting and for potential new investors.
• Appropriate systems and controls should be established and maintained.
• Misinformation potentially limits portfolio trading opportunities and revenue.
The successful candidate will have:
• Working knowledge of loans or fund administration/accounting
• Intermediate to advanced Excel capabilities to include creation of linked workbooks, simple macros and functions
• Working knowledge of fixed income securities, including interest accruals, money market rates, swaps calculations is preferred
• Practical understanding of international bank operations is desirable