Us Bank
Middle Office CLO Loan/Asset Administrator
Us Bank, Boston, Massachusetts, us, 02298
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.Job Description
The Collateralized Loan Obligation Group (CLO) is a division within Global Corporate Trust and Custody. CLOs are structured finance vehicles that issue both debt and equity liabilities, with the proceeds being used to buy a portfolio of collateral. Primary responsibility for this role is to manage the daily CLO system and issue tracker reports. Sets up new portfolios, assets and cash mapping input to CLO system. Processes Agent Bank notices into system. Researches discrepancies between portfolios with the same bond using report data. Manages daily CLO issue tracker reports globally to ensure accurate information. Ensures client responses on corporate actions are entered in a timely and accurate manner. Clears past dues and unapplied balances. Contacts Trustees and Agent Banks daily to ensure all missing payments or reports are received.Basic Qualifications
Typically a Bachelor's degree, or equivalent work experienceTypically two to three years of relevant work experiencePreferred Skills/Experience
Strong organizational skills and detail-orientedBroad knowledge of assigned functional area, including applicable systems, policies, procedures, and regulatory requirementsEffective interpersonal and customer relation skillsAbility to manage multiple tasks/projects and deadlines simultaneouslyAbility to identify and resolve exceptions and interpret dataProficient computer navigation skills using a variety of software packages including Microsoft Office applicationsBenefits:Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):Healthcare (medical, dental, vision)Basic term and optional term life insuranceShort-term and long-term disabilityPregnancy disability and parental leave401(k) and employer-funded retirement planPaid vacation (from two to five weeks depending on salary grade and tenure)Up to 11 paid holiday opportunitiesAdoption assistanceSick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by lawEEO is the LawU.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal
KNOW YOUR RIGHTS
EEO poster.E-VerifyU.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the
E-Verify program .
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The Collateralized Loan Obligation Group (CLO) is a division within Global Corporate Trust and Custody. CLOs are structured finance vehicles that issue both debt and equity liabilities, with the proceeds being used to buy a portfolio of collateral. Primary responsibility for this role is to manage the daily CLO system and issue tracker reports. Sets up new portfolios, assets and cash mapping input to CLO system. Processes Agent Bank notices into system. Researches discrepancies between portfolios with the same bond using report data. Manages daily CLO issue tracker reports globally to ensure accurate information. Ensures client responses on corporate actions are entered in a timely and accurate manner. Clears past dues and unapplied balances. Contacts Trustees and Agent Banks daily to ensure all missing payments or reports are received.Basic Qualifications
Typically a Bachelor's degree, or equivalent work experienceTypically two to three years of relevant work experiencePreferred Skills/Experience
Strong organizational skills and detail-orientedBroad knowledge of assigned functional area, including applicable systems, policies, procedures, and regulatory requirementsEffective interpersonal and customer relation skillsAbility to manage multiple tasks/projects and deadlines simultaneouslyAbility to identify and resolve exceptions and interpret dataProficient computer navigation skills using a variety of software packages including Microsoft Office applicationsBenefits:Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):Healthcare (medical, dental, vision)Basic term and optional term life insuranceShort-term and long-term disabilityPregnancy disability and parental leave401(k) and employer-funded retirement planPaid vacation (from two to five weeks depending on salary grade and tenure)Up to 11 paid holiday opportunitiesAdoption assistanceSick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by lawEEO is the LawU.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal
KNOW YOUR RIGHTS
EEO poster.E-VerifyU.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the
E-Verify program .
#J-18808-Ljbffr