CDO Loan / Asset Administrator

Kforce has a client that is seeking a CDO Loan/Asset Administrator in Chicago, IL. Summary: 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 proceeds being used to buy a portfolio of collateral. The primary responsibility for this role is to manage the daily CLO system. Duties Include:

• Sets up new portfolios, assets and cash mapping input to CLO system
• Processes Agent Bank notices into system
• Researches discrepancies between portfolios with the same bond using report data
• Manages daily CLO issues globally to ensure accurate information
• Ensures client responses on corporate actions are entered in a timely and accurate manner
• Clears past dues and unapplied balances
• Contacts Trustees and Agent Banks daily to ensure all missing payments or reports are received
• Typically, an Associate's or Bachelor's degree, or equivalent work experience
• Typically, less than two years of relevant work experience

• Strong organizational skills and detail-oriented
• Basic knowledge of assigned functional area, including applicable systems, policies, procedures, and regulatory requirements
• Effective interpersonal and customer relation skills
• Ability to manage multiple tasks/projects and deadlines simultaneously
• Ability to identify and resolve exceptions and interpret data
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications