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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
