Crescent Capital Group is seeking an experienced candidate to join the Capital Markets group as an Associate for the CLO Management business. The candidate will join an established $6bn CLO platform with a collaborative team focused on growing the business.
Responsibilities:
- Monthly / Quarterly Deal Reporting. Conduct review and reconciliation of monthly CLO Trustee reports and quarterly waterfalls
- Breaks Management. Assist trading desk to resolve position breaks with outsourced CLO administrator
- Trade Testing. Perform pro-forma hypothetical trade testing for CLOs, while proactively raising issues / possible test failures
- Effective Date & Closing Date Process. Manage effective date reporting and closing date tie-out process for new CLOs
- Maintenance of Portfolio Management Tool. Maintain proprietary excel-based portfolio management tool, including updating on a daily / weekly basis to account for new loan allocations, trading activity, rating/price movements, etc
- Internal Reporting. Update and maintain weekly / monthly / quarterly portfolio statistics and analytics that are provided to portfolio managers, CLO structuring professionals, and traders
- Ad-Hoc Investor Analysis. Provide periodic portfolio analytics to address investor questions and/or information requests
Qualifications & Skills:
- 3-6 years of CLO operations experience, ideally from a collateral manager, auditor, trustee, or investment bank
- Strong CLO and bank loan product knowledge
- Ability to interpret governing documents for CLOs and Credit Facilities
- Experience with CLO compliance modules (Solvas/CDO Suite, Wall Street Office, etc.)
- Strong Microsoft Excel skills, including the ability to manipulate large datasets
- Solid verbal and written communication skills
- Team player who demonstrates maturity, integrity, and professionalism
- Intellectually curious, highly collaborative, and intrinsically self-motivated
Benefits:
- The US base salary range for this full-time position is $135,000-$155,000
- Crescent's salary ranges are determined by role, duration of direct experience, and internal and external pay equity considerations