CLO Deal Administrator - Private Credit

Overview

At U.S. Bank, we’re on a journey to do our best. Helping customers and businesses make better financial decisions and supporting communities to grow and succeed. A career with U.S. Bank offers opportunities to discover what makes you thrive from Day One.

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 proceeds used to buy a portfolio of collateral. Typical collateral includes syndicated bank loans, corporate bonds, ABS, MBS, and Mezzanine debt. Investors can choose among a variety of risk/return options.

Responsibilities include: settling bond/bank loan trades and investing excess cash as directed by the Portfolio Manager; booking cash inflows/outflows to the portfolio; tracking asset attributes such as accrual information, rating, industry codes, etc.; providing reports to clients on a daily/monthly/quarterly basis; and assisting Analysts with reporting to investors. Ensure accuracy and timeliness of data through proper booking and reconciliation of account activity.

• Bachelor's degree in finance or related field, or equivalent work experience
• Typically less than two years of relevant work 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 identify and resolve exceptions and interpret data
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

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.

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive at work and outside of work. Our benefits are designed to help you and your family boost health, protect financial security, and provide peace of mind. Benefits include:

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holidays
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

U.S. Bank participates in the 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. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location listed first. The actual range may differ based on location. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase, 401(k) contribution, and pension (all benefits subject to eligibility requirements). Pay Range: $27.55 - $36.73

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. Background checks are conducted consistent with applicable local laws and federal requirements.

Applicants must be able to comply with U.S. Bank policies and procedures, including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.