CDO Loan/Asset Administrator

Job Description:

Location: Chicago IL 60603

Pay Rate: $19/hr

Hours/Shift – 1st Shift: 8:30AM-5PM CT. 3 days in office minimum

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. Primary responsibility for this role is to manage the daily CLO system. Sets up new portfolios, assets and cash mapping input to CLO system. Processes Agent Bank notices into system. Researches discrepancies between portfolios with the same bond using report data. Manages daily CLO issues globally to ensure accurate information. Ensures client responses on corporate actions are entered in a timely and accurate manner. Clears past dues and unapplied balances. Contacts Trustees and Agent Banks daily to ensure all missing payments or ...