CDO Loan/Asset Administrator

Job Title: CDO Loan/Asset Administrator
Location: Chicago, IL 60603 (Hybrid)
Duration: 06 months contract with potential for extension
Hours/Shift – 1st Shift: 8:30AM-5PM CT. 3 days in office minimum

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. 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 issues 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 an Associate's or Bachelor's degree, or equivalent work experience
• Typically less than two years of relevant work experience

• Strong organizational skills and detail-oriented
• Basic knowledge of assigned functional area, including applicable systems, policies, procedures, and regulatory requirements
• Effective interpersonal and customer relation skills
• Ability to manage multiple tasks/projects and deadlines simultaneously
• Ability to identify and resolve exceptions and interpret data
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications