Middle Office CLO Loan/Asset Administrator

$59,010 - $86,466/Yr

US Bank - Houston, TX

Full-time - Entry Level

Houston, TX

10,001+ employees

Credit Intermediation and Related Activities

About the position

The Middle Office CLO Loan/Asset Administrator at U.S. Bank is responsible for managing the daily operations of the Collateralized Loan Obligation (CLO) system. This role involves setting up new portfolios, processing notices, and ensuring accurate reporting and client responses. The position requires strong organizational skills and attention to detail to handle multiple tasks and deadlines effectively.

Responsibilities

• Manage the daily CLO system and issue tracker reports.
• Set up new portfolios, assets, and cash mapping input to the CLO system.
• Process Agent Bank notices into the system.
• Research discrepancies between portfolios with the same bond using report data.
• Manage daily CLO issue tracker reports globally to ensure accurate information.
• Ensure client responses on corporate actions are entered in a timely and accurate manner.
• Clear past dues and unapplied balances.
• Contact Trustees and Agent Banks daily to ensure all missing payments or reports are received.

Requirements

• Typically a Bachelor's degree or equivalent work experience.
• Typically two to three years of relevant work experience.
• Strong organizational skills and detail-oriented.
• Broad knowledge of assigned functional area, including applicable systems, policies, procedures, and regulatory requirements.
• Effective interpersonal and customer relation skills.
• Ability to manage multiple tasks/projects and deadlines simultaneously.
• Ability to identify and resolve exceptions and interpret data.
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications.

Benefits

• 401(k)
• 401(k) matching
• Adoption assistance
• Dental insurance
• Disability insurance
• Health insurance
• Life insurance
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law