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CLO Loan Warehouse Middle Office - AVP

Mizuho

Mizuho

CLO Loan Warehouse Middle Office - AVP

Iselin, NJ
Full Time
Paid
  • Responsibilities

    Summary:

    The Loan Warehouse Middle Office is a function supporting the CLO Warehouse and Residential Mortgage Finance business’s reporting to the VP of Loan Warehouse Middle Office. The position is responsible for driving the coordination of the Loan Warehousing operations to deliver ongoing operational excellence initiatives, implement new technologies and controls, and provide exceptional client service which is a key success factor within this business domain.

    The role should have a deep understand of the CLO warehouse lifecycle and resulting capital markets products. The role will work closely with the VP and Head of Middle Office to strengthen an established business within Mizuho’s operational framework.

    Major Responsibilities:

    • Ideal candidate will have operational knowledge of CLO transactions and an understanding of the lifecycle of a CLO Warehouse.

    • Reviewing new funding requests and ensuring all loan eligibility requirements have been satisfied according to the credit agreement.

    • Understanding of eligibility criteria, tests and limits found in typical CLO Agreements.

    • Work directly with various internal and external stake holders to support the CLO warehouse business and offer suggestions for process improvements.

    • Daily reconciliation of positions and cash.

    • Running cash flow calculations to ensure adherence to credit agreements.

    • Working closely with front office CLO team during facility onboarding, ramp up and take out.

    Requirements:

    • 4+ years’ experience in CLO Warehouse business with widespread product knowledge

    • Excellent understanding of credit agreements

    • Reconciliation and troubleshooting skills

    • Strong client facing skills and ability to foster client relationships

    • Process improvement/design experience

    • Excellent understanding of Microsoft Excel

    • Ability to work in a fast paced environment with multiple shifting priorities

    Other requirements

    Mizuho has in place a remote working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations.

    Company Overview

    Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com.

    Mizuho Americas offers a competitive total rewards package.

    We are an EEO/AA Employer -M/F/Disability/Veteran.

    We participate in the E-Verify program.

    We maintain a drug-free workplace and perform pre-employment substance abuse testing.

  • Industry
    Financial Services
  • About Us

    We are a leading global bank, with one of the largest customer bases in Japan, and a global network of financial and business centers. We continue to pride ourselves on our "customer first" principle as a centerpiece in servicing both our individual and corporate customers, with the goal of becoming their most trusted bank.