CLO Fund Oversight - Analyst​/Associate

About this role

CLO Fund Oversight – Analyst/Associate role

Sitting within the CLO Portfolio Management team, the successful candidate will provide operational oversight for the Black Rock managed European CLO platform (‘BECLO’).

This is a highly visible role with the candidate working closely with portfolio managers and multiple internal and external parties so the ability to communicate effectively and succinctly is a must. The candidate will ideally have between 2‑3 years' experience within CLO/Securitised products, will have a keen eye for detail, a tenacious can‑do attitude, who can multitask, prioritise and problem solve across a broad set of responsibilities.

• Degree or equivalent qualification desired
• Previous experience of CLO portfolio administration with knowledge of the mechanics of a CLO an advantage (gained either at a Corporate Trust or a Collateral Manager)
• Knowledge of Loan/Bond administration
• Fund onboarding experience
• Experience reviewing Fund Prospectus and Deeds preferred
• Excellent excel skills (Array formulas & VBA an advantage).
• SQL query writing an advantage
• Ability to communicate effectively and concisely to all levels of the business and Investors

• Coordinating daily fund cash management and initiating retention vehicle and warehouse capital calls, working closely with portfolio managers and Loan settlements teams
• Coordinate the daily oversight and production of assets, position, cash and attribute reconciliations. Managing internal operations and external administrators. Assist in further optimizing and automating existing processes where possible.
• Manage distribution and record keeping for retention vehicle board and investment committee approvals
• Shadow and sign off CLO Trustee Monthly/Quarterly Investor & ESMA Regulatory reports
• Translate CLO Prospectuses to create and maintain in‑house bespoke compliance Models and oversee the daily/weekly delivery of CLO KPI & compliance metrics (Coverage ratios, PPT’s CQT’s, MVOCS)
• Assist PMs in running hypothetical (What‑if) trading analysis, set up CLO cusips, raise trade orders and support/resolve related ad‑hoc request
• Working closely with and act as the liaison between the Portfolio Managers and the various internal and external business partners (Operations, Legal & Compliance, Product strategy, RQA, Audit and Trustees)
• Assist in Warehouse and CLO closings, the onboarding of new funds. Review of deal documentation, compliance rule coding and flow of funds tie outs with arranging banks and Trustees.
• Manage the appointment and ongoing relationships with key service providers (Trustee, Issuer and Fund Accountants)
• Provide portfolio analytics including warehouse return projections, historical return, portfolio composition KPI’s, and assist in providing relative value reports
• Attend and eventually contribute to Investor/RQA’s due diligence meetings, industry conferences, and weekly Risk meetings

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well‑being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Black Rock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities.

We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at Black Rock.

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