Account Manager

Description:

The Account Manager is the primary point of contact for our clients, which are the collateral managers of Collateralized Loan Obligations. You must have a deep understanding CLOs, ABLs, compliance test calculations, bank loans and other complex fixed income structures. You will provide oversight of day to day operational/client service activities while monitoring controls such as overdraft reports, annual reviews, and outstanding deal compliance.

What We Offer You

A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift, and volunteer programs

What You’ll Do

Primary point of contact for a portfolio of CLO Special Purpose Vehicles
Produce monthly and quarterly investor reporting packages. Must have knowledge of all test calculations in the issued reports
Review and release wires for trade settlements
Communicate with arrangers, collateral managers, rating agencies, accountants and bondholders
Close interaction with DB Operations and Account Administrators.
Maintain each SPV's annual compliance requirements (Accountant's Reports, Issuer's Certifications, etc.)

How You’ll Lead

Senior Management – Must be able to succinctly communicate with high level leaders within the organization
Clients – Must understand the CLO transaction and be able to interact with Collateral Managers and Investors on the internal mechanics of a deal
Analytics/IT – Must be able to identify operational bottleneck and work together with IT/Analytics to develop and implement a solution

Skills You’ll Need

BA/BS, preferably in Accounting, Finance, Business or Economics, MBA is a plus
Proven prior experience with CLOs
Understanding of bank loans - BSL, middle market and private credit loans.
Understanding of general accounting and financial reporting principles
General understanding of structured credit products; ABLs and borrowing base calculations, a plus.
Competent in all MS Office products; Advanced MS Excel abilities, familiarity with complex formulas and modelling techniques, a plus.
Familiarity with wiring instructions, SWIFT payments a plus.
Experience reviewing indentures, credit agreements and other governing documents

Skills That Will Help You Excel

Strong written/verbal communication skills.
Strong organizational skills.
Experience with Solvas-CDOSuite, a plus
Fluent in English