Job Overview – Director – CLO Operations:
Join our team as a Director – CLO Operations in New York City, where you will play a pivotal role in managing CLO compliance and risk management. This position is crucial for connecting back, middle, and front office operations, ensuring seamless and efficient processes across our expanding CLO business.
Location: New York City, NY
Compensation: $175,000-$225,000/year + bonus
Schedule: 9:00 AM to 5:00 PM, Monday to Friday
Responsibilities as the Director – CLO Operations:
- Manage the full lifecycle of CLO vehicles, including new warehouses, new issues, resets, reinvestments, refinancing's, and redemptions.
- Support daily trading desk activities and portfolio administration.
- Develop and implement allocation rules and risk management reports.
- Oversee liquidity management, daily cash, and position reconciliation.
- Implement applications for operations teams, including automated reconciliation and reporting tools.
- Ensure timely downstream reporting to external vendors, resolving issues promptly.
- Collaborate with corporate trustees, outsourced vendors, and the front office to manage daily operations and reporting.
Qualifications for the Director – CLO Operations:
- 8+ years of experience in CLO operations, with 5+ years in managing CLO compliance and reporting.
- Expertise in managing compliance and reporting for 10+ CLOs simultaneously.
- Strong knowledge of CLO documents, CLO indentures, compliance tests, and trading desk operations.
- Experience with modeling indenture deals, managing trade operations with outsource vendors, and implementing proprietary systems.
- Proficient understanding of data requirements for CLO operations and strong analytical skills.
- Deep knowledge of S&P products, loan platforms, ClearPar, entity management, pricing, and WSO Web/Compliance.
- Hands-on mentality with the ability to manage day-to-day operations effectively.
Application Notice: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, Atlantic Group will keep your resume on file for future opportunities and may contact you for further discussion.