U.S. Bank CDO/CLO Deal Administrator in Dublin, Ireland
A leader in the payments industry, Elavon provides end-to-end payment processing solutions and services to more than one million merchants around the world. If you want to make a difference in your life, your community and your world, join us at Elavon. We know our company is only as strong as our people, and we are committed to your professional growth and success. Elavon is part of the U.S. Bank family, a diverse workplace, where we celebrate the individuality of each member of our global team.
CDO/CLO Deal Administration)
Our European Corporate Trust business is growing and we are looking to add additional headcount to our CLO business and have a number of CDO Deal Administration roles available in our Dublin business.
The successful candidate will have responsibility for a portfolio of CDO/CLO Deals and they will be responsible for Loan and Bond Trade settlements, which includes preparing/ checking documentation, instructing payments and reflecting the trade positions on our systems. They will also complete daily reconciliations, resolving any cash breaks and producing a Daily Cash Report for their CDO/CLO Deals. They will be the first point of contact for Trade and Cash related queries arising from the aforementioned responsibilities.
Key working relationships
The role holder will be required to build and maintain effective relationships across the Bank and its parent, as well as with external parties and stakeholders.
The role holder will be part of a specialist team and will be expected to exhibit team work, attention to detail, ability to work to tight deadlines, detailed technical knowledge with the ability to manage a heavy and varied work load.
Principal accountabilities of Position
Responsibility for a portfolio of CDO/CLO Deals
Generate accurate Daily Cash Reports that reconcile asset payments and receivables on an Actual vs Expected model basis
Investigate and resolve any breaks / discrepancies arising. Ability to resolve transactional and deal related issues
Process CDO/CLO trades from trade ticket to settlement/payment request stage
Receive Bond/Securities tickets and Loan Trade Documents from Clients, review for accuracy, complete relevant documentation and liaise with internal Operations Team’s to ensure they settle within agreed time scales in the market
Liaise directly with Clients/Counterparties/Agent Banks and other departments for Bond/Loan related queries
Settle Loan and Bond transactions on internal system
Instruct external payments for their portfolio of trades. Review and approval sign off for colleagues payments
Complete Ad hoc Tasks
Essential experience, skills and competencies:
Minimum 3 - 5 years’ experience in Financial Services within a similar role, with working knowledge of CDO/CLO (Collateralized Debt/Loan Obligations) Products. Experience of Reconciliation and/or Trade Settlements preferred.
Or recent qualification in Finance (Degree/masters) with a specialisation in this area.
Ability to operate within a busy Team Environment, build relationships across business lines, strong communications skills
Ability to manage a heavy and varied workload while demonstrating strong attention to detail
Ability to meet demanding and tight deadlines
Role is a 37.5 hours per week Monday through Friday, with flexibility required with start times varying between 8am – 9am as work volumes require.
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
We offer an exciting, fast-paced and diverse working environment with employees of many different nationalities. We provide benefits to help you protect your health and financial security; and give you peace of mind. We also invest in your career growth with development resources that give you the opportunity to stretch and shine.
This is an Elavon posting. Elavon is a part of the U.S. Bank family.
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.