CDO Loan Asset Administrator

Kforce has a client that is seeking a CDO Loan/Asset Administrator in Chicago, IL.

Summary: The Collateralized Loan Obligation Group (CLO) is a division within Global Corporate Trust and Custody. CLOs are structured finance vehicles that issue both debt and equity liabilities, with the proceeds being used to buy a portfolio of collateral. The primary responsibility for this role is to manage the daily CLO system.

Duties Include:

• Sets up new portfolios, assets and cash mapping input to CLO system
• Processes Agent Bank notices into system
• Researches discrepancies between portfolios with the same bond using report data
• Manages daily CLO issues globally to ensure accurate information
• Ensures client responses on corporate actions are entered in a timely and accurate manner
• Clears past dues and unapplied balances
• Contacts Trustees and Agent Banks daily to ensure all missing payments or reports are received