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Structured Credit Services - CLO Specialist

Pride Global
locationNew York, NY, USA
PublishedPublished: 6/14/2022
Full Time

Job Description

Job Description

Job Title: Structured Credit Services - CLO Specialist
Corporate Title: NCT- Vice President
Location: Santa Ana, CA (Hybrid)
Type: Full-time/Direct Hire
Salary Range: $60,000- $135,000

Overview
The Structured Credit Services - CLO Specialist is the primary point of contact for the clients. You must have a deep understanding of bank loans, Collateralized Loan Obligations (CLOs) and other complex fixed income structures. You will provide oversight of day to day operational/client service activities while monitoring controls such as overdraft reports, annual reviews, and outstanding deal compliance.

What We Offer You

  • A diverse and inclusive environment that embraces change, innovation, and collaboration
  • A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
  • Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
  • Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
  • Educational resources, matching gift, and volunteer programs


What You'll Do

  • Primary point of contact for approximately 10 CLO Special Purpose Vehicles.
  • Produce monthly/quarterly investor reporting packages. Must have intimate knowledge of all issued reports.
  • Communicate with underwriters, investment managers, rating agencies and bondholders.
  • Supervise the work of each CLO's Portfolio Accounting Analyst (internal role).
  • Leadership role within the team
  • Close interaction with DB Operations.
  • Maintain each SPV's annual compliance requirements (Accountant's Reports, Issuer's Certifications, etc.).

How You'll Lead

  • Senior Management – Must be able to succinctly communicate with high level leaders within the organization
  • Clients – Must understand the CLO transaction and be able to interact with Investment Managers and Investors on the internal mechanics of a deal
  • Analytics/IT – Must be able to identify operational bottleneck and work together with IT/Analytics to develop and implement a solution

Skills You'll Need

  • BA/BS, preferably in Accounting, Finance, Business or Economics, MBA a plus
  • Moderate experience of CLO bank loans and moderate experience managing medium-size teams
  • Understanding of general accounting and financial reporting principles
  • General understanding of structured credit products

Skills That Will Help You Excel

  • Understanding of general accounting and financial reporting principles.
  • General understanding of structured credit products.
  • Competent in all MS Office products.
  • Advanced MS Excel abilities - Comfortable with complex formulas and modelling techniques.
  • Strong written/verbal communication skills.
  • Strong organizational skills.
  • BA/BS, preferably in Accounting, Finance, Business or Economics
  • Experience with CLOs and/or Solvas-CDOSuite a plus
  • Fluent in English


Benefits Info
Russel Tobin offers eligible employee’s comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, auto, home insurance, pet insurance and employee discounts with preferred vendors.

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