Collateralized Loan Obligations (CLOs)

We have an immediate job opportunity for you a Senior Analyst/Team Leader/AM - Collateralized Loan Obligations (CLOs) - Hyderabad.

Location : Hyderabad

Shift Timings : 2:00 PM IST to 11:00 PM IST

Work Mode : Hybrid ( 2 Days office)

CLO Middle Office

Scope and Responsibilities

As Client's expands its management of Collateralized Loan Obligations (CLOs), we are seeking an individual to fulfill a middle office function to support the growth in our CLO business.

Responsibilities

• Create and utilize Excel and other software to monitor all CLO parameters including Collateral Quality, Concentration, Coverage, LTV ratios, and the Priority of Payments
• Work closely with the Trustee/CLO Administrator to reconcile and approve Monthly/Distribution/Effective Date/Warehouse Reports
• Coordinate the asset approval process among accounting, compliance, portfolio management, and underwriter
• Model hypothetical pre/post-trade analytics to understand compliance test impacts; work with portfolio management to manage, if necessary, the portfolio back within guidelines by highlighting and making recommendations related to breaches
• Interpret Indenture language and nuances of existing and new CLOs, including the impact on investment parameters
• Work closely with technology department to extract data elements and construct logic to properly monitor CLOs
• Participate in the research, design, and creation of new or ad-hoc reports, as needed, to assist compliance, portfolio management and marketing with the launch, monitoring, management or marketing of existing and anticipated CLOs
• Serve as a subject matter expert and resource to portfolio managers, marketing, and compliance teams
• Support all aspects of current CLOs that are resetting with new capital structures; including, stress-testing, debugging, and resolving all coding issues, and creating model/hypothetical portfolios
• Enhance and evolve Client's monitoring and reporting process
• Create and gather CLO statistics, default and recovery rates, and other data for investor requests

Experience Required

• 8 years

  experience, with a

  minimum of 5 years

  experience working for a CLO Manager or CLO Trustee/Administrator in a compliance, middle office, and/or monitoring capacity
• Proficiency in Excel/coding in CDO Suite or other similar CLO software
• Knowledge of fixed/floating rate instruments, specifically senior secured loans
• Knowledge of CLO Indentures, the mechanics related to launching and monitoring new/existing warehouses/CLOs, and reconciling monthly CLO Trustee Reports and quarterly Distribution Reports
• Knowledge of routine compliance rules/requirements such as CLO eligibility, Collateral Quality, Concentration, Coverage tests and the Priority of Payments/Waterfall
• Proficiency in different reporting perspectives: region/country breakdown, industry breakdown, maturity distributions, credit quality ratings (and notching rules related to CLOs)
• Ability to work with multiple, internal teams such as accounting, compliance, data management, marketing, technology, and portfolio management
• Experience managing and manipulating large amounts of data in Microsoft Excel.
• Experience with Bloomberg, WSO/CDO Suite, Sky Road, S&P and Moody's is highly desirable, but not necessary

Personal Attributes

The successful candidate will have:

• Outstanding initiative, strong work ethic, and positive outlook and attitude
• Ability to operate independently on short-and long-term goals
• Excellent people skills with the ability to leverage firm-wide resources in an effective and judicious manner
• Detail-oriented and natural problem-solver
• Ability to independently research problems and offer solutions
• Strong organizational skills to manage multiple projects
• Collaborative, perpetual learner with strong integrity and professionalism
• Passion for improving systems and processes.