Associate - CLO Operations Specialist
4 weeks ago
CLO Operations Key Responsibilities
We are seeking a CLO Operations Specialist with a strong understanding of CLO trustee reconciliation to join our team at Acuity Knowledge Partners.
Key Responsibilities
- Reconcile Cash, Position, Industries, Derived ratings, Coverage test, Collateral quality test and Concentration limitation tests between client and trustee for CLO funds
- Strong fundamental knowledge on different sections of CLO trustee indenture
- Ability to read and interpret agent bank notices, funding memo from Markit and Clearpar applications
- Good understanding on paydowns, interest accruals, pro-rata calculations, credit contracts, trade related fees and borrowings
Requirements
- Bachelor's degree or equivalent experience
- 2-5 years professional working experience
- Strong communication and interpersonal skills
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