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CLO Deal Administrator I - Private Credit

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U.S. Bank National Association

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Location:
United States , Boston

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Category:

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Contract Type:
Not provided

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Salary:

27.55 - 36.73 USD / Hour

Job Description:

The Collateralized Loan Obligation Group (CLO) is a division within Global Corporate Trust and Custody. CLOs are structured finance vehicles that issue both debt and equity liabilities, with the proceeds being used to buy a portfolio of collateral. Typical types of collateral include syndicated bank loans, corporate bonds, ABS, MBS, and Mezzanine debt. Investors can choose between a variety of risk return option.

Job Responsibility:

  • settles bond/bank loan trades and invests excess cash as directed by the Portfolio Manager
  • books cash inflows/outflows to the portfolio
  • tracks asset attributes such as accrual information, rating, industry codes, etc.
  • provides reports to the clients on a daily/monthly/quarterly basis
  • assists Analysts with reporting to the investors
  • ensures accuracy and timeliness of data through proper booking and reconciliation of account activity

Requirements:

  • Bachelor's degree in finance or related field, or equivalent work experience
  • Typically less than two years of relevant work experience
  • Strong organizational skills and detail-oriented
  • Basic indenture interpretation abilities and analytical skills
  • Effective verbal and written communication skills
  • Ability to manage multiple tasks/projects and deadlines simultaneously
  • Ability to identify and resolve exceptions and interpret data
  • Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
What we offer:
  • Healthcare (medical, dental, vision)
  • Basic term and optional term life insurance
  • Short-term and long-term disability
  • Pregnancy disability and parental leave
  • 401(k) and employer-funded retirement plan
  • Paid vacation (from two to five weeks depending on salary grade and tenure)
  • Up to 11 paid holiday opportunities
  • Adoption assistance
  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Additional Information:

Job Posted:
February 20, 2026

Expiration:
February 23, 2026

Employment Type:
Fulltime
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