Randstad CDO Loan Administrator in Chicago, Illinois

CDO Loan Administrator

job details:

  • location:Chicago, IL

  • salary:$20 - $21 per hour

  • date posted:Thursday, July 12, 2018

  • experience:1 Years

  • job type:Contract

  • industry:Finance and Insurance

  • reference:435773

  • questions:404-442-0453.

job description

CDO Loan Administrator

job summary:

CDO Loan Administrator - Chicago, IL

  • This is a temp to hire contract role responsible for monitoring and maintaining pools of bank loans that act as collateral for CDO/CLOs. CDOs are structured finance vehicles that issue both debt and equity liabilities, with the proceeds being used to buy a portfolio of collateral. Typical types of collateral include syndicated bank loans, corporate bonds, asset-backed securities, mortgage-backed securities, and Mezzanine debt. New graduates with relevant internships or acquired transferrable skills are welcome.

CDO Loan Administrator - Job Duties:

  • Relied on by the Deal Administration, Analytics, and Relationship Management departments to accurately and timely process interest payments, principal payments, fees, borrowings, and new payment information.

  • Works with external agent banks as well as areas of trust fixed-income operations including security movement, income collections and wires.

  • Typical types of collateral include syndicated bank loans, corporate bonds, asset-backed securities, mortgage-backed securities, and Mezzanine debt.

Job Requirements:

  • Bachelor's degree required

  • 6 months to 2+ years applicable work experience.

  • Strong reading comprehension, critical thinking, and analytical skills.

  • Motivated self-starter with a proven ability to learn new concepts quickly.

  • Demonstrable ability to research and resolve payment and data discrepancies.

  • Strong interpersonal skills including tact, diplomacy, and flexibility to work effectively with cross-functional teams across various sites.

  • Utilize logical reasoning and sound judgment to make appropriate decisions following established policies and procedures.

  • Proficient computer skills, including Microsoft Excel.

Compensation : $20.00-$21.00/hr

location: Chicago, Illinois

job type: Contract

salary: $20 - 21 per hour

work hours: 8 to 5

education: Bachelor's degree

experience: 1 Years

responsibilities:

  • CDO Loan Administrator - Job Duties:

  • Relied on by the Deal Administration, Analytics, and Relationship Management departments to accurately and timely process interest payments, principal payments, fees, borrowings, and new payment information.

  • Works with external agent banks as well as areas of trust fixed-income operations including security movement, income collections and wires.

  • Typical types of collateral include syndicated bank loans, corporate bonds, asset-backed securities, mortgage-backed securities, and Mezzanine debt.

qualifications:

For immediate consideration, please contact Charity Gaffney at charity.gaffney@randstadusa.com

skills: Banking Operations

Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.