M&T Bank

CLO Client Administrator II

M&T Bank

full-time

Posted on:

Origin:  • 🇺🇸 United States • Alabama

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Salary

💰 $21 - $35 per hour

Job Level

JuniorMid-Level

Tech Stack

SQL

About the role

  • Support the Relationship Manager with oversight of client relationships
  • Perform daily cash application and position reconciliation
  • Perform daily and monthly tie-outs of underlying loan characteristics
  • Liaise with auditors, underwriters, CLO managers, private debt managers, and other parties involved
  • Assist with global asset set up and maintenance
  • Perform trade and wire processing for daily trading activity
  • Strategize, recommend, and implement innovative ideas for improved daily workflows
  • Exposure across entire lifecycle of servicing loan clients including account setup, KYC procedures, global asset setup & maintenance, notice processing, warehouse reporting, CLO / Compliance Reporting & waterfall payments
  • Understand and adhere to the Company’s risk and regulatory standards, policies and controls; identify risk-related issues needing escalation to management
  • Maintain internal control standards, implement audit points and address issues raised by external regulators
  • Complete other related duties as assigned

Requirements

  • Bachelor's degree and a minimum of 2 year relevant work experience with direct client contact, OR in lieu of a degree, a combined minimum of 4 years’ higher education and/or work experience, including a minimum of 1 years’ relevant work experience with direct client contact
  • Strong focus on customer service and satisfaction
  • Excellent verbal and written communications skills
  • Bachelor’s Degree in Finance, Business, Economics or Accounting (preferred)
  • Highly Proficient in Microsoft Office, SQL (preferred)
  • Exceptional organizational skills with an attention to detail
  • Excellent interpersonal and analytical skills with a strong balance of qualitative and quantitative skills
  • Demonstrated ability to work as part of a team, as well as contribute on an individual basis
  • Familiarity with various loan products – Bi-Lateral ABL Facilities, SMAs, Private Funds, MM & BSL CLOs, Business Development Companies (preferred)
  • Professional work experience at CLO Trustee, Loan Agent/Bank, Middle Office Provider or CLO Manager (preferred)
  • System / Application experience - Clearpar, Solvas/CDO Suite, SEI, Wall Street Office, LoanIQ (preferred)