Job Description

Title* CDO Loan Closer

Looking for an experienced loan closer with ClearPar and loan closing experience. Requirements are knowledge of ClearPar, knowledge of Trade Documents (Funding Memos, Assignment Agreements, Trade Confirms, etc.)

Job Duties: 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. Must have ClearPar and Loan Closing experience