CLO Deal Admin - Chicago/Boston

Location: Chicago / Boston
Role Type: Full Time

We have an exciting opportunity to work with one of our prestigious clients at a Tier 1 Investment Bank within the Collateralized Loan Obligations (CLO) space. The ideal candidate will have a minimum of 2 years’ relevant financial experience, specifically with CLO/CDO knowledge.

Key responsibilities:  

• Review and interpret CDO indenture documents to extract relevant compliance requirements.

• Monitor and manage the lifecycle of CLO transactions, including asset reconciliation, reporting, and cash flow administration.

• Settle bond/bank loan trades & invest excess cash, as directed by Portfolio Manager.

• Review and interpret transaction documents to ensure compliance with legal and operational standards.

• Prepare and deliver investor reports, payment calculations, and waterfall distributions in a timely and accurate manner.

• Coordinate with trustees, custodians, rating agencies, and portfolio managers to address transaction-related inquiries or issues.

• Maintain accurate records of asset-level activity, collateral performance, and deal-specific information.

• Track asset attributes including accrual information, rating, and industry codes.

• Conduct regular reconciliations of accounts to ensure data accuracy and completeness.

• Assist in onboarding new transactions and ensuring a smooth transition for all stakeholders.

• Identify and resolve discrepancies or errors in data and calculations.

• Stay updated on market trends, regulatory requirements, and industry best practices to enhance operational efficiency.

• Bachelor's Degree

• 2+ years relevant financial experience

• CLO/CDO knowledge and experience

• Ability to work in a fast-paced environment

• Strong communication skills

• Advanced Excel skills

• Strong understanding of structured finance and CDO indenture language.

• Proficiency in SQL for data querying and analysis.

• Experience with Solvas or similar structured credit platforms.

• Detail-oriented with strong analytical and problem-solving skills.

Preferred Experience:

• SQL knowledge

• CDO Suite experience

• Demonstrated strong analytical skills and attention to detail

Expectations Regarding Hybrid Working:

As we are a Service Provider and Consulting firm servicing clients, our policy on physically working from the office (which may be the client’s offices or our own offices depending on the client) aligns to what our client’s policies and expectations are and these vary. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly, this is also the minimum expectation that Delta Capita requires. However, some of our clients have now moved up to 4 or even 5 days in the office and we require candidates to be flexible to meet our clients’ demands. 

Salary Range: $70,000-$90,000 (dependent on experience)

How We Work:

Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.

As the selection and interview process is ongoing, please submit your application in English as soon as possible. If your profile is selected, a member of our team will contact you. For this role a valid work authorization for the US is mandatory.

Who We Are:

Delta Capita Group (a member of the Prytek Group) is a global managed services, consulting and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualized services for financial institutions for non-differentiating services.

·        Managed Services

·        Resource Augmentation

·        Consulting

·        Technology

To learn more about Delta Capita and our culture click here: Working at DC - Delta Capita.