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Collateralized Debt Obligation Jobs in California

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Collateralized Debt Obligation information

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$14

$22

$33

How much do collateralized debt obligation jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for collateralized debt obligation in California is $22.32, according to ZipRecruiter salary data. Most workers in this role earn between $18.27 and $23.70 per hour, depending on experience, location, and employer.

What is a collateralized debt obligation?

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 analyst?

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 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 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.

What are popular job titles related to Collateralized Debt Obligation jobs in California?

For Collateralized Debt Obligation jobs in California, the most frequently searched job titles are:

What job categories do people searching Collateralized Debt Obligation jobs in California look for?

The top searched job categories for Collateralized Debt Obligation jobs in California are:

What cities in California are hiring for Collateralized Debt Obligation jobs?

Cities in California with the most Collateralized Debt Obligation job openings:

Collateralized Debt Obligation jobs near you

Private Debt Investment Analyst

InforCapital

Sacramento, CA • On-site

$52 - $99/hr

Other

Posted 2 days ago

New

Job description

CalPERS, the nation's largest public pension fund with approximately $658.81 billion in assets, is hiring a Private Debt Investment Analyst (classified as Investment Officer I) to join its Private Debt (PD) team in Sacramento, CA. The role supports management of CalPERS' Private Debt and Collateralized Loan Obligation (CLO) portfolios.

Core responsibilities

Core responsibilities include:

  • evaluating the CLO market, the private debt market, and external managers
  • collecting, analyzing, and summarizing data on historical and current fund performance
  • assisting with monitoring existing investments, including attribution analysis, leverage usage, and cash-flow forecasting
  • coordinating Investment Committee and external manager meetings, including planning presentations, calendars, and minutes
  • reviewing capital call and distribution notices while tracking managers' capital deployment and distributions

This is a permanent, full-time, hybrid position (up to two remote days per week) based in Sacramento County. The role carries a base pay range of $4,365 to $8,290 per month (approximately $52,380 to $99,480 annually), with a 5% pay differential available for holders of the CFA charter. The position is not eligible for visa sponsorship, and applicants must already be authorized to work in the United States.

CalPERS describes itself as a global institutional investor headquartered in downtown Sacramento, guided by its Investment Beliefs. The posting is being re-advertised; candidates who previously applied remain under consideration.

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