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GCM Client Administrator II - CLO

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Wilmington Trust
Full Time position
Listed on 2026-07-27
Job specializations:
  • Finance & Banking
    Financial Compliance, Banking Operations, Financial Analyst, Financial Reporting
Salary/Wage Range or Industry Benchmark: 34260 - 57101 USD Yearly USD 34260.00 57101.00 YEAR
Job Description & How to Apply Below

Overview

As part of the Loan Market Solutions Division, the CLO & Loan Administration team provides trustee & custodian services to sophisticated loan asset managers. Wilmington is responsible for tracking and maintaining all daily activity including the collection of payments and investor waterfall distributions. Additionally, the team monitors and reports on various portfolio compliance requirements related to the underlying portfolio asset attributes.

Join our dynamic experienced team focused on enhancing overall client experience through technology and continuous process improvement. Candidates who are interested in a fast-paced environment with career advancement opportunities should apply.

Overview

As part of the Loan Market Solutions Division, the CLO & Loan Administration team provides trustee & custodian services to sophisticated loan asset managers. Wilmington is responsible for tracking and maintaining all daily activity including the collection of payments and investor waterfall distributions. Additionally, the team monitors and reports on various portfolio compliance requirements related to the underlying portfolio asset attributes.

Join our dynamic experienced team focused on enhancing overall client experience through technology and continuous process improvement. Candidates who are interested in a fast-paced environment with career advancement opportunities should apply.

Other acceptable locations are Wilmington, DE, Dallas, TX, and Baltimore, MD


Primary Responsibilities

Continuous reassessment and evaluation of processes is engrained in the team’s DNA. We take a collaborative approach to identifying, assessing, developing, and implementing solutions across the platform. Additionally, we anticipate special projects and initiatives to be a regular occurrence for team members to participate in.

You’ll Gain Experience By

  • Supporting the Relationship Manager with oversight of client relationships
  • Performing daily cash application and position reconciliation
  • Performing daily and monthly tie-outs of underlying loan characteristics
  • Liaising with auditors, underwriters, CLO managers, private debt managers, and other parties involved
  • Assisting with global asset set up and maintenance
  • Performing trade and wire processing for daily trading activity
  • Strategize, recommend, and implement innovative ideas for improved daily workflows
  • Exposure across entire lifecycle of servicing loan clients including account setup, KYC procedures, global asset setup & maintenance, notice processing, warehouse reporting, CLO / Compliance Reporting & waterfall payments
  • Understanding and adhering to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
  • Promoting an environment that supports diversity and reflects the M&T Bank brand.
  • Maintaining M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Completing other related duties as assigned.
How You Can Grow Your Career

Our team employs extensive cross-training in order to provide employees with a comprehensive view of all aspects of servicing our clients. This position will provide the opportunity to learn various roles, processes & procedures to meet client expectations. Defining and building individualized career pathing for our staff including leadership, project related, client relationship, operations and analytics roles.

Education And Experience Required

Bachelor’s degree and a minimum of 1 year relevant work experience with direct client contact, OR in lieu of a degree, a combined minimum of 4 years’ higher education and/or work experience, including a minimum of 1 years’ relevant work experience with direct client contact

Strong focus on customer service and satisfaction

Excellent verbal and written communications skills

Education And Experience Preferred

Bachelor’s Degree in Finance, Business, Economics or Accounting
  • Highly Proficient in Microsoft Office, SQL
  • Exceptional organizational skills with an attention to detail
  • Excellent…
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