CDO Portfolio Administrator

  • location: Charlotte, NC
  • type: Contract
  • salary: $20.52 - $29.75 per hour
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job description

CDO Portfolio Administrator

job summary:
Job Description:

    The Collateralized Debt Obligation Group (CDO) is a division within Corporate Trust Services. Typical types of collateral include syndicated bank loans, corporate bonds, asset-backed securities, mortgage-backed securities, and Mezzanine debt. Within the Loan Agency team, the majority of their book of business are syndicated bank loans where their loan information is tracked on behalf of the borrowers. The Loan Agency team acts as the main contact for the Borrower and for the lenders. The Collateralized Debt Obligation Portfolio Admin's responsibilities for Agency include: prepare bank loan trades for settlement and process them in the system once executed; book cash inflows/outflows for each Borrower Account and reconcile on a daily basis; track asset attributes such as accrual information, amortization, default status, etc.; provide reports to the clients on a daily, monthly and quarterly basis; respond to borrower or lender requests in a timely fashion; assist with reporting to federal regulators with respects to SNC and Tax Reporting; actively work to ensure lender tax forms are compliant by following up with lenders when needed and withhold if the lender does not become compliant. The incumbent ensures 100% accuracy and timeliness of data through proper booking and reconciliation of account activity. CDOs 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, asset-backed securities, mortgage-backed securities, and Mezzanine debt. Responsibilities include: 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 basis, and assists Analysts with reporting to the investors. Ensures I00% accuracy and timeliness of data through proper booking and reconciliation of account activity.
    Strong organizational skills and detail-oriented to manage multiple tasks/projects and deadlines simultaneously Effective verbal and written communication skills Ability to work both independently and as a team player
 
location: Charlotte, North Carolina
job type: Contract
salary: $20.52 - 29.75 per hour
work hours: 8 to 5
education: Bachelor's degree
experience: 2 Years
 
responsibilities:
Job Description:

  • The Collateralized Debt Obligation Group (CDO) is a division within Corporate Trust Services.
  • Typical types of collateral include syndicated bank loans, corporate bonds, asset-backed securities, mortgage-backed securities, and Mezzanine debt. Within the Loan Agency team, the majority of their book of business are syndicated bank loans where their loan information is tracked on behalf of the borrowers.
  • The Loan Agency team acts as the main contact for the Borrower and for the lenders.
  • The Collateralized Debt Obligation Portfolio Admin's responsibilities for Agency include: prepare bank loan trades for settlement and process them in the system once executed; book cash inflows/outflows for each Borrower Account and reconcile on a daily basis; track asset attributes such as accrual information, amortization, default status, etc.; provide reports to the clients on a daily, monthly and quarterly basis; respond to borrower or lender requests in a timely fashion; assist with reporting to federal regulators with respects to SNC and Tax Reporting; actively work to ensure lender tax forms are compliant by following up with lenders when needed and withhold if the lender does not become compliant. The incumbent ensures 100% accuracy and timeliness of data through proper booking and reconciliation of account activity.
  • CDOs 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, asset-backed securities, mortgage-backed securities, and Mezzanine debt.
  • Responsibilities include: 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 basis, and assists Analysts with reporting to the investors.
  • Ensures I00% accuracy and timeliness of data through proper booking and reconciliation of account activity.
  • Strong organizational skills and detail-oriented to manage multiple tasks/projects and deadlines simultaneously
  • Effective verbal and written communication skills
  • Ability to work both independently and as a team player
 
qualifications:
Job Description:

  • The Collateralized Debt Obligation Group (CDO) is a division within Corporate Trust Services.
  • Typical types of collateral include syndicated bank loans, corporate bonds, asset-backed securities, mortgage-backed securities, and Mezzanine debt. Within the Loan Agency team, the majority of their book of business are syndicated bank loans where their loan information is tracked on behalf of the borrowers.
  • The Loan Agency team acts as the main contact for the Borrower and for the lenders.
  • The Collateralized Debt Obligation Portfolio Admin's responsibilities for Agency include: prepare bank loan trades for settlement and process them in the system once executed; book cash inflows/outflows for each Borrower Account and reconcile on a daily basis; track asset attributes such as accrual information, amortization, default status, etc.; provide reports to the clients on a daily, monthly and quarterly basis; respond to borrower or lender requests in a timely fashion; assist with reporting to federal regulators with respects to SNC and Tax Reporting; actively work to ensure lender tax forms are compliant by following up with lenders when needed and withhold if the lender does not become compliant. The incumbent ensures 100% accuracy and timeliness of data through proper booking and reconciliation of account activity.
  • CDOs 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, asset-backed securities, mortgage-backed securities, and Mezzanine debt.
  • Responsibilities include: 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 basis, and assists Analysts with reporting to the investors.
  • Ensures I00% accuracy and timeliness of data through proper booking and reconciliation of account activity.
  • Strong organizational skills and detail-oriented to manage multiple tasks/projects and deadlines simultaneously
  • Effective verbal and written communication skills
  • Ability to work both independently and as a team player
 
skills: Other
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

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