CLO Compliance Analyst, Associate Manager
The SS&C Compliance team is a newly launched division within the greater SS&C GlobeOp organization. The Compliance Team specializes in providing fund compliance services for asset/fund managers, across a variety of leveraged loan funds such as CLOs and Separately Managed Accounts.
The CLO Compliance Analyst will be part of the SS&C Compliance Team responsible for the oversight of portfolio level compliance and analytics on behalf of clients. The analyst will utilize their CLO product and compliance knowledge to focus on daily monitoring and reporting on CLO funds and separately managed accounts, including but not limited to: reviewing CLO indentures and other fund documents, modelling and calculating compliance tests (OC, quality, concentration tests, etc), running hypos and trade scenarios upon request, reviewing monthly CLO trustee reports and calculating waterfall payments. This role requires attention to detail, and understanding of the product from both a fund level and at the asset level (preferably experience in the following asset classes: syndicated loan, bond, MBS, equities, derivatives). This role is expected to interact and communicate with both internal and external parties as well as directly with the client, so effective written and verbal communication skills are a must.
Responsibilities Review fund documents (indenture/IMAs), model and maintain fund specific portfolio compliance tests within SS&C proprietary compliance analytics model
Shadow CLO trustees on Trustee monthly report recon and review process on behalf of client
Generate and provide daily or as needed, compliance reports for SMA and CLO funds for clients
Model and calculate CLO waterfalls, shadow Trustee on waterfall review process
Run and validate pre-trade/hypo reports and results upon request for new trades across funds
Perform ad hoc reporting and analysis upon request, and when needed
Assist in new issue CLO warehousing, closing and effective date processes, as needed.
Liaise across interdepartmental teams on projects and deliverables related to the continued build out of Compliance team servicing platform.
Experience, Skills & Qualifications Bachelors degree in business/finance or related discipline
CLO experience with indentures, compliance test modeling, waterfall modeling. Familiarity with full CLO lifecycle from warehouse to redemption, a plus
Some experience preferred in fund administration and reporting for SMA/ERISA/40ACT funds
Experience with syndicated leveraged loan asset class
Excellent attention to detail
Excellent written and verbal communication skills - this is critical as this position will interface directly with client and outside parties on a day to day basis.
Solid MS Excel skills - solid intermediate level grasp of excel functions (vlookup, pivot tables, etc) and formulas.
Ideal candidate from a peer firm, trustee shop, Big 4 Accounting firm or CLO manager
SS&C Technologies/ SS&C GlobeOp is an Equal Opportunity Employer and as such does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by applicable discrimination laws.