Middle Office Fund Administrator - CLOs

Company: Yoh, A Day & Zimmermann Company
Location: Hoboken
Posted on: February 24, 2021

Job Description:

Requirements:

- Heavy on compliance

- 4 to 5 years' experience in the same role i.e. worked as a Collateral Manager or within Trustees (Bank of NY Mellon, Wells Fargo and US Bank)



Responsibilities:

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Heavy on compliance

- Handle Pre-Trade support

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Quarterly Waterfalls

- Help on specific deals, testing files (making sure things are in order) - Modelling deals (doing testing and rating the deals)

- Go through indentures

- Summarize CLO requirements

- Communicate with vendors and analyze deliverables


Possible job titles:
CLO/CDO Analyst, Middle Office Support



Description:

Middle Office Fund Administrator - CLOs

-
Responsible for transitioning CLOs (pre and post financial crisis) from one vendor platform to another in all aspects (compliance, reporting and day to day support)

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Perform reconciliations, research and resolve discrepancies. Review reconciliations delivered by the vendor. Liaise with the vendor on resolving discrepancies.

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Reporting. Trustee report and waterfall review.

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Work with the vendor on reviewing and solving issues.

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CLO document review and interpretation. Compliance testing and calculations. Fluent on deal closings, resets and refinances.

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CLO Compliance expert. Must be able to review documents in detail, compare to the tests modeled, design stress testing scenarios, review output and track issues identified.

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Lead CLO warehouse launch, daily deliverables, closing warehouse into a CLO and its ongoing life cycle from the Middle Office Operations perspective. Involves thorough review of CLO Warehouse agreement, Indenture, Investment Management Agreement, etc.

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Ad hoc requests. Point person with Portfolio Managers, Traders and Analysts

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Assist in other projects



The Credit Investment Group is a top tier investment manager with $62 bn in AUM. Products include CLOs, Separate Managed Accounts, 1940 Act Funds and other Fund Structures investing in Leverage Loans, HY Bonds and Structured Products. The Middle Office Group provides operational support in all aspects including data management, reconciliations, reporting, CLO compliance, pricing, performance, settlements and vendor management.



A dual platform while the team is transitioning to a single vendor.



Requirements:

-
Bachelor's degree in Accounting, Business, Finance or related field required

- Strong Excel skills (formulas, VLOOKUPs, pivot tables, data, filters)

- Very strong Leverage Loan, Bond and Structured Product experience

- Excellent communication skills

- Basic Bloomberg knowledge

- CLO expertise

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Participation in outsourcing initiative and projects

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5+ years' experience required at a top-tier investment manager, trustee, bank, service provider or administrator

Yoh, a Day & Zimmermann company, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Visit https://www.yoh.com/applicants-with-disabilities to contact us if you are an individual with a disability and require accommodation in the application process.PandoLogic.Category: Finance, Keywords: Fund Administrator

Keywords: Yoh, A Day & Zimmermann Company, Hoboken , Middle Office Fund Administrator - CLOs, Administration, Clerical , Hoboken, New Jersey