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Collateralized Debt Obligation Jobs (NOW HIRING)

The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups are divisions within U.S. Bank Global Corporate Trust Services and provide services on structured finance vehicles ...

The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups are divisions within U.S. Bank Global Corporate Trust Services and provide services on structured finance vehicles ...

The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups are divisions within U.S. Bank Global Corporate Trust Services and provide services on structured finance vehicles ...

The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups are divisions within U.S. Bank Global Corporate Trust Services and provide services on structured finance vehicles ...

The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups are divisions within U.S. Bank Global Corporate Trust Services and provide services on structured finance vehicles ...

The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups are divisions within U.S. Bank Global Corporate Trust Services and provide services on structured finance vehicles ...

The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups are divisions within U.S. Bank Global Corporate Trust Services and provide services on structured finance vehicles ...

The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups are divisions within U.S. Bank Global Corporate Trust Services and provide services on structured finance vehicles ...

The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups are divisions within U.S. Bank Global Corporate Trust Services and provide services on structured finance vehicles ...

The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups are divisions within U.S. Bank Global Corporate Trust Services and provide services on structured finance vehicles ...

The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups are divisions within U.S. Bank Global Corporate Trust Services and provide services on structured finance vehicles ...

CLO Middle Office Deal Administrator

Chicago, IL ยท On-site

$29.23 - $38.94/hr

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 ...

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 ...

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 ...

Collateralized Debt Obligation information

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$15

$22

$33

How much do collateralized debt obligation jobs pay per hour?

As of Jul 31, 2026, the average hourly pay for collateralized debt obligation in the United States is $22.62, according to ZipRecruiter salary data. Most workers in this role earn between $18.51 and $24.04 per hour, depending on experience, location, and employer.

Why did CDOs fail?

Collateralized Debt Obligations (CDOs) failed primarily due to the overestimation of the creditworthiness of underlying assets, such as subprime mortgages, and the complexity of the securities which made risk assessment difficult. When housing prices declined and mortgage defaults increased, the value of many CDOs plummeted, leading to significant losses for investors and contributing to the 2008 financial crisis.

What are Collateralized Debt Obligations (CDOs)?

Collateralized Debt Obligations (CDOs) are complex financial products that pool together various types of debt, such as mortgages, bonds, and loans, and then repackages them into tranches to be sold to investors. Each tranche has a different level of risk and return, allowing investors to choose according to their risk appetite. CDOs were widely used prior to the 2008 financial crisis and played a significant role in the buildup of risky lending practices. They are primarily managed by investment banks and financial institutions, and their value is derived from the performance of the underlying assets. Proper understanding of CDOs requires knowledge of structured finance and risk assessment.

What are the key skills and qualifications needed to thrive as a Collateralized Debt Obligation (CDO) Analyst, and why are they important?

To thrive as a Collateralized Debt Obligation (CDO) Analyst, you need strong quantitative analysis skills, a background in finance or economics, and typically a relevant degree such as in finance, mathematics, or statistics. Familiarity with financial modeling tools, structured finance software, and certifications like CFA are highly valued. Exceptional attention to detail, analytical thinking, and effective communication skills help analysts interpret complex data and convey findings to stakeholders. These skills are crucial for accurately assessing risk, structuring deals, and ensuring regulatory compliance in the complex world of structured finance.

What are some common challenges faced by professionals working in Collateralized Debt Obligation (CDO) structuring and management?

Professionals in CDO structuring and management often encounter challenges such as navigating complex regulatory requirements, ensuring the quality and diversity of underlying assets, and effectively modeling credit risk. The role requires close collaboration with risk analysts, traders, and legal teams to structure deals that meet both investor needs and compliance standards. Staying updated on market trends and regulatory changes is essential, as these can impact CDO performance and investor confidence. Attention to detail and strong analytical skills are crucial for success in this fast-paced, high-stakes environment.

What is the most stressful job in finance?

A Collateralized Debt Obligation (CDO) analyst or trader often faces high stress due to the complexity of structured finance, tight deadlines, and significant financial risks involved. These roles require strong analytical skills, attention to detail, and the ability to manage large amounts of data under pressure, especially during market volatility or credit crises.

Are CDOs still a thing?

Collateralized Debt Obligation (CDO) roles involve analyzing and managing structured finance products that bundle debt assets. While the popularity of CDOs declined after the 2008 financial crisis, some financial institutions still work with structured products, and related roles may focus on risk assessment, compliance, and financial modeling. Knowledge of credit markets and financial regulations remains important for these positions.

What is the difference between Collateralized Debt Obligation vs Credit Analyst?

AspectCollateralized Debt ObligationCredit Analyst
Primary RoleStructured financial product that pools debt instruments and issues tranches with varying risk levelsAssesses creditworthiness of individuals or companies to determine loan eligibility
Required CredentialsFinance, economics, or related degrees; certifications like CFA beneficialFinance, economics, or related degrees; certifications like CFA or credit-specific training
Work EnvironmentInvestment banks, asset management firms, structured finance teamsBanks, lending institutions, credit agencies

While both roles involve finance and require similar credentials, a Collateralized Debt Obligation professional focuses on structuring and managing complex debt products, whereas a Credit Analyst evaluates credit risk to inform lending decisions. They operate in related environments but serve different functions within the financial industry.

How do you make money off a CDO?

A professional working with collateralized debt obligations (CDOs) can make money through fees for structuring, managing, or trading the securities. Investors profit from interest payments, principal repayments, or capital gains if the CDO's value increases. Knowledge of credit analysis and financial modeling is essential in this role.
More about Collateralized Debt Obligation jobs
What cities are hiring for Collateralized Debt Obligation jobs? Cities with the most Collateralized Debt Obligation job openings:
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What job categories do people searching Collateralized Debt Obligation jobs look for? The top searched job categories for Collateralized Debt Obligation jobs are:
Infographic showing various Collateralized Debt Obligation job openings in the United States as of July 2026, with employment types broken down into 3% As Needed, 4% Full Time, 84% Part Time, 1% Temporary, 7% Contract, and 1% Nights. Highlights an 88% Physical, 8% Hybrid, and 4% Remote job distribution, with an average salary of $47,050 per year, or $22.6 per hour.

Associate / Senior Associate, Structured Finance

KPMG

Mclean, VA โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 20 days ago


Job description

The KPMG Advisory practice is at the forefront of transformation, offering excellent opportunities for individuals to advance their careers and expertise with KPMG. Looking ahead, we anticipate continued evolution and success within the practice, fostering both personal and professional development, thereby creating new pathways for growth. In this ever-changing market environment, our professionals must be adaptable and thrive in a collaborative, team-driven culture. At KPMG, our people are our number one priority. With a wealth of learning and career development opportunities, a world-class training facility, and leading market tools, we help our people continue to grow both professionally and personally. If you're looking for a firm with a strong team connection where you can be your whole self, have an impact, advance your skills, deepen your experiences, and have the flexibility and access to constantly find new areas of inspiration and expand your capabilities, then consider a career in Advisory.
KPMG is currently seeking an Associate or Senior Associate to join our Structured Finance practice.
Responsibilities:
  • Review credit payments and whole loandocumentation to verify accuracy; prepare client deliverables (agreed-uponprocedures report) and working papers supporting our findings
  • Review, validate, and develop financial cash flow models including mortgage (MBS) and asset-backed securities (ABS), collateralized debt obligation (CDO), collateralized loan obligations (CLO), auction rate securities, residual assets, mortgage-servicing assets (MSR), and commercial mortgage-backed securities (CMBS)
  • Work with engagement teams performing duediligence procedures related to real estate securitizations of varioussecurities collateralized by mortgages and leases on all types of CRE assets
  • Assist with compliance testing related to clientagreements with investment banks, issuers, regulators, government agencies, andinvestors
  • Interact with clients and team members toachieve engagement objectives as well as, execute against engagement workprograms developed by managers and directors

Additional Responsibilities for Senior Associate:
  • Assist with managing and staffing deal workflowto team members, creating and maintaining budgets, onboarding clients,preparing various documentation and final deliverables internally and toclients

Qualifications:
  • Minimum one year of recent relevant experiencein the financial services industry, structured finance, mortgage banking,corporate finance, trustee payment operations, rating agency or advisoryservices; minimum four years of recent experience in fixed income analysis
  • Bachelor'sdegree from an accredited college or university in an appropriate field
  • Strongcurrent knowledge in one of the following: United States Generally Accepted Accounting Principles (US GAAP), International Financial Reporting Standards (IFRS), Securities and Exchange Commission (SEC) financialreporting issues, bankruptcies, business combinations or financial restatementsalong with programming and modeling experience related to structured finance ishighly preferred, particularly Intex, Bloomberg and/or Imake modeling tools
  • Demonstratedability to connect with senior executives of leading organizations to generatenew business relationships and projects
  • Willingnessand ability to travel
  • Mustbe authorized to work in the U.S. without the need for employment-based visasponsorship now or in the future. KPMG LLP will not sponsor applicants for U.S.work visa status for this opportunity (no sponsorship is available for H-1B,L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-basedvisa)

Additional Qualifications for Senior Associate:
  • Minimum three years of recent relevant experience in the financial services industry, structured finance, mortgage banking, corporate finance, trustee payment operations, rating agency or advisory services; minimum four years of recent experience in fixed income analysis

KPMG LLP and its affiliates and subsidiaries ("KPMG") complies with all local/state regulations regarding displaying salary ranges. If required, the ranges displayed below or via the URL below are specifically for those potential hires who will work in the location(s) listed. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, KPMG is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. Depending on job classification, standard work hours, and years of service, KPMG provides Personal Time Off per fiscal year. Additionally, each year KPMG publishes a calendar of holidays to be observed during the year and provides eligible employees two breaks each year where employees will not be required to use Personal Time Off; one is at year end and the other is around the July 4th holiday. Additional details about our benefits can be found towards the bottom of our KPMG US Careers site at Benefits & How We Work .
Follow this link to obtain salary ranges by city outside of CA:
https://kpmg.com/us/en/how-we-work/pay-transparency.html/?id=M118ADV_4_26
KPMG offers a comprehensive compensation and benefits package. KPMG is an equal opportunity employer. KPMG complies with all applicable federal, state and local laws regarding recruitment and hiring. All qualified applicants are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, citizenship status, disability, protected veteran status, or any other category protected by applicable federal, state, or local laws. The attached link contains further information regarding KPMG's compliance with federal, state and local recruitment and hiring laws. No phone calls or agencies please.
KPMG recruits on a rolling basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) for which they are qualified that is also of interest to them.
Los Angeles County applicants: Material job duties for this position are listed above. Criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position. These include the duties and responsibilities listed above, as well as the abilities to adhere to company policies, exercise sound judgment, effectively manage stress and work safely and respectfully with others, exhibit trustworthiness, and safeguard business operations and company reputation. Pursuant to the California Fair Chance Act, Los Angeles County Fair Chance Ordinance for Employers, Fair Chance Initiative for Hiring Ordinance, and San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.