CLO Loan Administrator
U.S. Bank
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive. Try new things, learn new skills and discover what you excel at—all from Day One.
As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other.
We actively uphold transparent and fair hiring practices that support individual opportunity, inclusive culture, and career mobility across all levels of our organisation.
We offer meaningful opportunities for growth, a culture of inclusion, and a strong commitment to transparency and integrity in everything we do.
Job Description
We are seeking to appoint a Loan Administration Analyst to support our CDO/CLO business line.
Preferably this person who has knowledge of the product as well as cash management, SWAP's, FX's, Equity and loan set up. This highly motivated individual will be part of an established team and be able to effectively manage the demands of the role as our business continues to grow.
Responsibilities:
Accurately set up and maintain system of records for our portfolio of deals. Tasks include but not limited to applying Principal payments, PIK’s, Interest, fees, Rate sets.
Maintain accurate trackers for SWAP’s ensuring all relevant funds are received and paid out by the appropriate deadlines.
Instruct external payments including SWAP’s, Lender of Records, Overpayments.
Accurately report Cash movements/positions to Treasury on a daily basis
Ability to resolve transactional and deal related issues
Review and respond to Analytic requests in a timely and accurate manner.
Maintain a current level of industry knowledge and comply with all company policies and procedures and all applicable government regulations.
Adhere to all policies and procedures and have an ability to implement and monitor controls.
Key working relationships:
The role holder will be required to build and maintain effective relationships across the Bank and its parent, as well as with external parties and stakeholders.
The role holder will be part of a specialist team and will be expected to exhibit team work, attention to detail, ability to work to tight deadlines, detailed technical knowledge with the ability to manage a heavy and varied work load.
Essential experience, skills and competencies:
Minimum 1-2 years’ experience in Financial Services within a Loan Administration role, with previous experience of Collateral Debt Obligations preferred.
Or recent qualification in finance (Degree/Masters) with a specialisation in this area.
Ability to operate within a busy Team Environment, build relationships across business lines, strong communications skills.
Ability to manage a heavy and varied workload while demonstrating strong attention to detail.
Ability to meet demanding and tight deadlines.
Core hours are 9am – 5:30pm Monday
Accessibility
We are committed to providing an inclusive and accessible recruitment experience. If you need adjustments at any stage of the application or hiring process, please contact your recruiter for guidance and support.
Total Rewards
U.S. Bank is committed to fair, equitable, and transparent compensation practices in line with local regulatory and legal requirements. Our total rewards approach is designed to attract, retain, and support top talent while ensuring equal pay for work of equal value.
We offer a market-competitive compensation package that includes:
Clearly defined salary ranges aligned with industry benchmarks and internal equity standards.
Performance-based incentives for eligible employees (as defined by relevant plan rules), awarded through transparent, objective criteria that recognize both individual and company performance.
Inclusive equitable benefits that are accessible to all employees and focused around our 3 main pillars of financial wellbeing, health & wellness).
Continuous development opportunities including training, education support, and career progression pathways based on inclusive and transparent criteria.
Employee recognition programs that celebrate achievements and milestones for all.
We regularly review our compensation and benefits to ensure they remain competitive, inclusive, and responsive to employee needs and market trends. Further details of the compensation package will be provided upon application.
We encourage candidates to explore the full value of our offer, including monetary and non-monetary benefits, at Employee benefits and development | U.S. Bank | Elavon.
Closing Date
Posting may be closed earlier due to high volume of applicants.
We aim to provide timely updates throughout the process and encourage early applications to ensure consideration.
