Compliance Modeling Analyst - CLO

Duties & Responsibilities

Join our UMB CLO Compliance & Analytics Team, where we handle critical financial modeling, reviewing, and stress testing of compliance models for Collateralized Loan Obligations (CLOs) and related transactions. As a Compliance Modeling Analyst, you’ll ensure our models are meticulously developed, reviewed, and tested in alignment with transaction documentations to maintain top-tier quality standards. You will work closely with the VP of Analytics & Strategic Initiatives.

While an in-person position at UMB’s Orange County, CA office is strongly preferred, the role is open to remote applicants with the expectation of periodic travel.

Model Development & Review:
Develop and review financial models for CLO’s and related transactions, interpreting transaction requirements, including, but not limited to:
Rating Derivations, Recovery Rates, Concentration Limitations, Collateral Quality, Overcollateralization Tests, Interest Coverage Tests and Waterfall (Priority of Payments). Configuration & Testing:
Configure models based on documentation specifications, rigorously stress test them, and address feedback to align with team standards. Workflow & Automation:
Maintain automated processes that streamline functionality, enhancing operational efficiency and performance. Stakeholder

Collaboration:

Partner with the Relationship Managers to ensure the modeling & resulting data match client expectations. Project Reporting:
Build templates that generate the monthly compliance and quarterly waterfall reports based on transaction modeling. Deal Maintenance:
Provide continuous maintenance and support of both deal modeling and reporting for the full transaction lifecycle. Communication:
Identify and communicate any potential gaps with current system and processes and develop requirements for modeling updates. Ad-Hoc Reporting:
Support CLO Operations by providing as needed reporting in support of CLO Business Solutions and Fund Accounting.

MINIMUM:
Strong understanding of Collateralized Loan Obligations (CLOs), legal documentation, data structures, waterfall mechanics and deal cash flow models. Ability to navigate complex datasets and make informed decisions using critical thinking. Exceptional verbal and written communication, with a client-oriented approach. PREFERRED:
Experience with Solvas Compliance & Priority of Payments (PoP). Experience with SSRS and Power Bi Reporting. Proven skills with: SQL/ Python/Visual Basic. Requirements MINIMUM:
Bachelors degree in Accounting, Finance, Mathematics or a related discipline. 3+ years in CLO, CDO, or other structured finance transaction experience. PREFERRED:
Relevant professional certifications.

Typical office environment, potential for minimal travel. Supervision/Management:
May have management accountabilities.

US Employees in California, Washington DC, New Jersey, and New York: $83,810 - $131,550

US Employees in Colorado, Connecticut, Delaware, Illinois, Massachusetts, Maryland, Minnesota, Pennsylvania, Rhode Island, Texas, Washington, and Wisconsin: $76,520 - $120,210

US Employees in all other states not listed above: $69,230 - $109,120

The posted compensation range on this listing represents UMB’s good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. Please see the description of benefits included with this job posting for additional information.

UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company-sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund;

and various associate banking benefits. Benefit offerings and eligibility…