cdo loan administrator in chicago

posted
job type
contract
salary
US$ 20 per hour
apply now

job details

posted
location
chicago, illinois
job category
Accounting & Auditing
job type
contract
salary
US$ 20 per hour
reference number
435773
phone
404-442-0453
apply now

job description

job summary:

CDO Loan Administrator - Chicago, IL

  • This is a temp to hire contract role responsible for monitoring and maintaining pools of bank loans that act as collateral for CDO/CLOs. 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. New graduates with relevant internships or acquired transferrable skills are welcome.

CDO Loan Administrator - Job Duties:

  • Relied on by the Deal Administration, Analytics, and Relationship Management departments to accurately and timely process interest payments, principal payments, fees, borrowings, and new payment information.
  • Works with external agent banks as well as areas of trust fixed-income operations including security movement, income collections and wires.
  • Typical types of collateral include syndicated bank loans, corporate bonds, asset-backed securities, mortgage-backed securities, and Mezzanine debt.

Job Requirements:

  • Bachelor's degree required
  • 6 months to 2+ years applicable work experience.
  • Strong reading comprehension, critical thinking, and analytical skills.
  • Motivated self-starter with a proven ability to learn new concepts quickly.
  • Demonstrable ability to research and resolve payment and data discrepancies.
  • Strong interpersonal skills including tact, diplomacy, and flexibility to work effectively with cross-functional teams across various sites.
  • Utilize logical reasoning and sound judgment to make appropriate decisions following established policies and procedures.
  • Proficient computer skills, including Microsoft Excel.

Compensation: $20.00-$21.00/hr

 
location: Chicago, Illinois
job type: Contract
salary: $20 - 21 per hour
work hours: 8 to 5
education: Bachelor's degree
experience: 1 Years
 
responsibilities:
  • CDO Loan Administrator - Job Duties:
  • Relied on by the Deal Administration, Analytics, and Relationship Management departments to accurately and timely process interest payments, principal payments, fees, borrowings, and new payment information.
  • Works with external agent banks as well as areas of trust fixed-income operations including security movement, income collections and wires.
  • Typical types of collateral include syndicated bank loans, corporate bonds, asset-backed securities, mortgage-backed securities, and Mezzanine debt.
 
qualifications:

For immediate consideration, please contact Charity Gaffney at charity.gaffney@randstadusa.com

 
skills: Banking Operations

Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

skills

Banking Operations

qualification

For immediate consideration, please contact Charity Gaffney at charity.gaffney@randstadusa.com

responsibilities

  • CDO Loan Administrator - Job Duties:

  • Relied on by the Deal Administration, Analytics, and Relationship Management departments to accurately and timely process interest payments, principal payments, fees, borrowings, and new payment information. 
  • Works with external agent banks as well as areas of trust fixed-income operations including security movement, income collections and wires. 
  • Typical types of collateral include syndicated bank loans, corporate bonds, asset-backed securities, mortgage-backed securities, and Mezzanine debt.

educational requirements

Bachelor's degree