U.S. Bank CDO Portfolio Administration 1 in Charlotte, North Carolina
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Job DescriptionThe Collateralized Debt Obligation Group (CDO) is a division within Corporate Trust Services. Typical types of collateral include syndicated bank loans, corporate bonds, asset-backed securities, mortgage-backed securities, and Mezzanine debt. Within the Loan Agency team, the majority of their book of business are syndicated bank loans where their loan information is tracked on behalf of the borrowers. The Loan Agency team acts as the main contact for the Borrower and for the lenders.
The Collateralized Debt Obligation Portfolio Admin’s responsibilities for Agency include: prepare bank loan trades for settlement and process them in the system once executed; book cash inflows/outflows for each Borrower Account and reconcile on a daily basis; track asset attributes such as accrual information, amortization, default status, etc.; provide reports to the clients on a daily, monthly and quarterly basis; respond to borrower or lender requests in a timely fashion; assist with reporting to federal regulators with respects to SNC and Tax Reporting; actively work to ensure lender tax forms are compliant by following up with lenders when needed and withhold if the lender does not become compliant. The incumbent ensures 100% accuracy and timeliness of data through proper booking and reconciliation of account activity. Basic Qualifications - Bachelor's degree in finance or related field, or equivalent work experience - Less than two years of relevant work experience
Preferred Skills/Experience - Strong organizational skills and detail-oriented - Basic indenture interpretation abilities and analytical skills - Effective verbal and written communication skills - Ability to manage multiple tasks/projects and deadlines simultaneously - Ability to work both independently and as a team player - Proficient computer skills, especially Microsoft Office applications - Some knowledge of Wallstreet Office, SEI, and CDO Suite preferred
Benefits: Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
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U.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.