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Clo Operations Jobs in Chicago, IL (NOW HIRING)

BC Forward

CDO Portfolio Administrator

Chicago, IL · On-site

$15 - $19/hr

Experience with CLO operations and familiarity with CDO Suite. Why BCforward? At BCforward, we believe in advancing lives and careers. When you join our team, you gain access to: Competitive ...

M&T Bank

GCM Client Administrator II - CLO

Chicago, IL · On-site

  • Medical

  • Dental

  • Life

  • Retirement

  • PTO

... operations and analytics roles. Education and Experience Required: Bachelor's degree and a minimum ... Professional work experience at CLO Trustee, Loan Agent/Bank, Middle Office Provider or CLO Manager

M&T Bank

GCM Client Administrator II - CLO

Chicago, IL · On-site

  • Medical

  • Dental

  • Life

  • Retirement

  • PTO

... operations and analytics roles. Education and Experience Required: Bachelor's degree and a minimum ... Professional work experience at CLO Trustee, Loan Agent/Bank, Middle Office Provider or CLO Manager

US Bank

CLO Global Business Tech - Business Ops Analyst

Chicago, IL · On-site

$111K - $130K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Participates in the identification, design, development, and implementation of analytical and systems-related solutions supporting CLO and related operational processes. Assignments are typically ...

US Bank

CDO Loan Asset Administrator

Chicago, IL · On-site

$27.50 - $36.68/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Collateralized Loan Obligation Group (CLO) is a division within Global Corporate Trust and ... operational procedures. Applicants must be able to comply with U.S. Bank policies and procedures ...

Blue Prism Group

Client Services Analyst

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... in operations or as a trading floor assistant * Strong knowledge of Fixed Income accounting for bonds, funding instruments, collateral, MBS, CLO, Swaps, etc. * Strong analytical ability to perform ...

UL Solutions

Executive Assistant

Northbrook, IL

$75K - $90K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... CLO) and the broader team. The ideal candidate is a trusted professional who thrives in a fast ... Collaboration & Operations * Build strong relationships across team and key business functions.

UL

Executive Assistant

Northbrook, IL · On-site

$75K - $90K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Support special projects and strategic initiatives led by the CLO and Leadership team. Team ... Collaboration & Operations * Build strong relationships across team and key business functions.

UL Solutions

Executive Assistant

Northbrook, IL · On-site

$75K - $90K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Support special projects and strategic initiatives led by the CLO and Leadership team. Team ... Collaboration & Operations * Build strong relationships across team and key business functions.

UL Solutions

Executive Assistant

Northbrook, IL · On-site

$75K - $90K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Support special projects and strategic initiatives led by the CLO and Leadership team. Team ... Collaboration & Operations * Build strong relationships across team and key business functions.

SS&C Technologies Holdings

Client Services Analyst

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... in operations or as a trading floor assistant * Strong knowledge of Fixed Income accounting for bonds, funding instruments, collateral, MBS, CLO, Swaps, etc. * Strong analytical ability to perform ...

UL Solutions

Executive Assistant

Northbrook, IL · On-site

$75K - $90K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... CLO) and the broader team. The ideal candidate is a trusted professional who thrives in a fast ... Collaboration & Operations * Build strong relationships across team and key business functions.

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Showing results 1-20

All JobsClo Operations JobsClo Operations Jobs in Chicago, IL

Clo Operations information

See Chicago, IL salary details

$11

$27

$54

How much do clo operations jobs pay per hour?

As of Aug 15, 2026, the average hourly pay for clo operations in Chicago, IL is $27.04, according to ZipRecruiter salary data. Most workers in this role earn between $18.32 and $31.20 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a CLO Operations professional?

To excel in CLO Operations, you need expertise in loan administration, portfolio management, and a solid understanding of financial markets, often supported by a degree in finance or related fields. Familiarity with loan management systems, financial modeling tools, and regulatory compliance platforms is typically required. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for this role. These skills ensure accurate loan processing, risk management, and smooth coordination across teams in a highly regulated financial environment.

What are some common challenges faced by a CLO Operations professional, and how can they be effectively managed?

CLO Operations professionals often face challenges such as managing complex transaction settlements, ensuring timely and accurate reporting, and keeping up with regulatory changes. These roles require strong attention to detail, effective communication with portfolio managers and third-party vendors, and the ability to quickly resolve discrepancies. Building strong organizational systems and staying updated on industry best practices can help professionals handle these challenges efficiently and maintain smooth operations.

What is a CLO Operations?

CLO Operations refers to the processes and activities involved in managing Collateralized Loan Obligations (CLOs), which are complex financial securities backed by a pool of loans. Professionals in CLO Operations handle trade settlements, cash flow modeling, compliance monitoring, reporting, and communication with investors and trustees. Their primary goal is to ensure the accurate and efficient administration of CLO structures, adherence to regulatory requirements, and timely delivery of information to stakeholders. Effective CLO Operations are critical to maintaining the integrity and performance of these investment vehicles.

What is the difference between Clo Operations vs Clo Designers?

AspectClo OperationsClo Designers
Primary RoleManaging and overseeing the production, logistics, and supply chain of CLO (Collateralized Loan Obligations) assetsCreating and designing CLO structures, cash flow models, and deal documentation
Required CredentialsFinance certifications (e.g., CFA), experience in asset management or structured financeFinancial modeling skills, background in finance, economics, or related fields
Work EnvironmentFinancial institutions, asset management firms, investment banksFinancial institutions, consulting firms, or specialized CLO design teams

While CLO Operations focus on managing the day-to-day functions of CLO assets, CLO Designers are responsible for structuring and designing CLO deals. Both roles require strong financial knowledge, but their responsibilities differ significantly in scope and focus.

What are popular job titles related to Clo Operations jobs in Chicago, IL?

For Clo Operations jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Clo Operations jobs in Chicago, IL look for?

The top searched job categories for Clo Operations jobs in Chicago, IL are:

Clo Operations jobs near you

CDO Portfolio Administrator

BC Forward

Chicago, IL • On-site

$15 - $19/hr

Other

Posted 4 days ago

Job description

Job Title: CDO Portfolio Administrator Location: (City, State) Duration: Contract - 2 months Pay Range: $15/hr $19/hr (W2) Job ID: 408230 About BCforward BCforward is a leading global IT consulting and workforce solutions firm providing services and support to Fortune 500 and government clients. Founded in 1998, BCforward has grown with our customers needs into a full-service business solutions provider. With delivery centers and offices across North America and India, we take pride in building long-term relationships and delivering excellence through innovation, collaboration, and integrity. Job Description The CLO Middle Office team shadows CLO portfolios on behalf of the Collateral Manager. The CDO Portfolio Administrator will reconcile daily cash projections and par holdings to Trustee records and will identify, research, and resolve discrepancies. The role requires attention to detail, timely communication, and coordination with internal and external stakeholders. Responsibilities: Perform daily cash reconciliation for CLO portfolios. Reconcile par holdings and portfolio collateral values to Trustee records. Investigate and resolve cash, par balance, and collateral value discrepancies. Collaborate with the Bank Loan Closing team to confirm trades and settlements. Prepare and deliver a daily cash report to the client. Support monthly investor reporting, including cash and par tie-outs. Required Skills & Qualifications: Bachelor's degree, preferably in Business, Finance, Accounting, or a related field. Cash reconciliation experience within loan or structured credit operations. Knowledge of CLO middle-office processes and Trustee reconciliations. Strong analytical skills and ability to resolve data discrepancies with accuracy. Preferred Skills: Accounting background and experience with cash account reconciliation. Experience with CLO operations and familiarity with CDO Suite. Why BCforward? At BCforward, we believe in advancing lives and careers. When you join our team, you gain access to: Competitive compensation and benefits Opportunities for growth with global clients A supportive, inclusive culture that values innovation and people Exposure to cutting-edge technologies and projects About Our Commitment BCforward is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, or veteran status. Interested? Apply Now! If this sounds like the right opportunity for you, please apply with your most recent resume.

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