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Crescent Capital

Associate, CLO

New York, NY, USPosted 4 weeks ago
hybrid

Job Description

Crescent Capital Group is seeking an experienced candidate to join the Capital Markets group as an Associate for the CLO Management business. The candidate will join an established $6bn CLO platform with a collaborative team focused on growing the business.    Responsibilities: Monthly / Quarterly Deal Reporting. Conduct review and reconciliation of monthly CLO Trustee reports and quarterly waterfalls Breaks Management. Assist trading desk to resolve position breaks with outsourced CLO administrator Trade Testing. Perform pro-forma hypothetical trade testing for CLOs, while proactively raising issues / possible test failures Effective Date & Closing Date Process. Manage effective date reporting and closing date tie-out process for new CLOs Maintenance of Portfolio Management Tool. Maintain proprietary excel-based portfolio management tool, including updating on a daily / weekly basis to account for new loan allocations, trading activity, rating/price movements, etc Internal Reporting. Update and maintain weekly / monthly / quarterly portfolio statistics and analytics that are provided to portfolio managers, CLO structuring professionals, and traders Ad-Hoc Investor Analysis. Provide periodic portfolio analytics to address investor questions and/or information requests   Qualifications & Skills: 3-6 years of CLO operations experience, ideally from a collateral manager, auditor, trustee, or investment bank Strong CLO and bank loan product knowledge Ability to interpret governing documents for CLOs and Credit Facilities Experience with CLO compliance modules (Solvas/CDO Suite, Wall Street Office, etc.) Strong Microsoft Excel skills, including the ability to manipulate large datasets Solid verbal and written communication skills Team player who demonstrates maturity, integrity, and professionalism Intellectually curious, highly collaborative, and intrinsically self-motivated   Benefits: The US base salary range for this full-time position is $135,000-$155,000 Crescent's salary ranges are determined by role, duration of direct experience, and internal and external pay equity considerations

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Associate, CLO at Crescent Capital | Renata