Job Opening

Structured Product Surveillance

Job Title: Structured Product Surveillance

Location: Los Angeles (Century City)

  • Will be required to model CLO waterfalls and various metrics as outlined in fund documents (Eligibility Criteria, Collateral Quality Tests, Coverage Tests)
  • Carry out weekly performance analysis on CLO portfolios and present results to the Portfolio Management team; discuss portfolio risks and assess portfolio strategy.
  • Compute waterfall projections and pro forma distribution analysis for CLO portfolios. Must be able to assess risks and issues, and escalate to appropriate parties to address and resolve.
  • Field investor requests via Business Development Group/Marketing for both primary/new issue and existing CLOs
  • Shadow Trustee monthly reports and quarterly payment date reports
  • Run CLO cash flow models for management fee budgeting and forecasting, IRR analysis, and NAV/liquidation scenarios
  • Perform hypothetical trade scenarios upon request and ongoing compliance reviews on CLO portfolios
  • Carry out ad-hoc portfolio analysis for Senior Management and Portfolio Management teams.
  • Liaise with Accounting and Operations Departments on an as needed basis
  • Assist in the process of issuing new CLOs, assist in monitoring and managing of existing CLOs and assist in the due diligence related to investing in third party CLO Notes.
  • Oversee various elements of new CLOs from warehousing, to Closing, through Effective Date.
  • Assist with the liquidation / deleveraging of aged CLOs.

Education: Bachelor Degree from an accredited institution in Finance or related discipline preferred

  • Minimum 5-7 years of experience working with CLOs; Asset management experience strongly preferred
  • Syndicated leveraged loan asset class experience required
  • Solid understanding of CLO/CDO mechanics and documentation a must;
  • Deep understanding of a CLO’s life-cycle;
  • Strong knowledge of finance and accounting and excellent Excel skills;
  • Excellent interpersonal and communication skills;
  • Highly organized, detail orientated, ability to manage multiple tasks simultaneously of differing priorities and meet tight deadlines;
  • A team player who is willing to get involved in all aspects of the role and is eager to work in an open team environment with a transparent interaction between colleagues of all levels;
  • Ability to operate independently, and creatively solve problems while working with a fair amount of autonomy and self-initiative;
  • Ideal candidate will demonstrate strong research and analytical skills and understand the risks inherent in the CLO product;
  • Bachelor Degree from an accredited institution in Finance or related discipline preferred