CLO Middle Office Analyst
U.S. Bank
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive. Try new things, learn new skills and discover what you excel at—all from Day One.
As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other.
Job Description
U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services in the world. Our clients look to us for trustee, agency, escrow, document custody and money market issuing services via our 48 domestic offices and three international offices.
We have an exciting proposition for someone to join our dynamic and growing CLO Middle Office team, within our European Corporate Trust business in Dublin, supporting key clients and their CLO funds. The team are aligned to our Cherrywood Office ( Cherrywood Business Park, Dublin 18).
The role will have a dual focus - 50% of the time will be spent on Loan closing activities with the remainder of the time focussed on daily deal reconciliations for US clients.
Coordination with counterparties and agents to come up with a mutually acceptable settlement date also requiring knowledge of transfer documentation including funding memos, netting letters, participation agreements, transfer certificates and trade fee calculations.
Research trade breaks between the trade platform and the trade tickets provided by Collateral Managers.
Interpret Credit Agreements when reviewing trade docs.
Coordinate closing of syndicated and privately negotiated loans.
Daily deal reconciliation and creation of daily client deliverables by US Opening Hours.
Ensuring breaks are investigated and updated.
We are either looking to hire someone with some direct Loan Closing experience or someone with CLO transaction and reporting knowledge or alternatively someone with a banking operations background with relatable skills and knowledge of other financial products, who we can develop in the role.
Basic Qualifications:
Bachelor's degree or equivalent work experience
Any knowledge of Loan Closing or CLO Middle Office and reporting experience / or relatable skills and banking ops experience.
Some Knowledge of ClearPar and LMA /LSTA documentation could be beneficial.
Ability to perform multiple tasks at the same time and meet established deadlines in a dynamic work environment
Excellent analytical, problem-solving, decision-making, and organizational skills
Strong customer relation skills, interpersonal, and verbal and written communication skills
Experience in dealing with clients or attending client calls would be helpful.
Ability to work in a team environment.
Office location - Cherrywood (3 days a week in the office expectation)
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Benefits:
We offer an exciting, fast-paced and diverse working environment with employees of many different nationalities. We provide benefits to help you protect your health and financial security; and give you peace of mind. We also invest in your career growth with development resources that give you the opportunity to stretch and shine.
Posting may be closed earlier due to high volume of applicants.