Loan/Asset Administrator

#rta-zr
#RTA
#LI-MT1

Pride Global/Russell Tobin & Associates is seeking a CDO Loan/Asset Administrator to work for one of our top clients in Chicago, IL 60603 (Hybrid)

Apply today for consideration!

Employment Type: Contract
Job Title: CDO Loan/Asset Administrator
Pay rate: $17/hr. to $18.57/hr.
Location: Chicago, IL 60603
Hours/Shift: 1st Shift: 8:30AM-5PM CT. 3 days in office minimum
Duration: Till 10/30/2026, with possible extension


Job Description

• 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.
• Primary responsibility for this role is to manage the daily CLO system.
• Sets up new portfolios, assets, and cash mapping input to CLO system.
• Processes Agent Bank notices into system.
• Research 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.

Basic Qualifications

• Typically, an associate or bachelor's degree, or equivalent work experience
• Typically, less than two years of relevant work experience

Preferred Skills/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

ABOUT US:
Russell Tobin is a leading minority-owned professional and technical recruitment and staffing advisory organization. We are comprised of specialized practices focusing on a variety of skill sets and industries. Having a depth and breadth of industry expertise, our subject matter experts are able to provide tailored and swift sourcing solutions to fulfill client hiring needs. In other words, we connect top talent with companies.


As a certified minority-owned business, Pride Global and its affiliates - including Russell Tobin, Pride Health, and Pride Now - are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, age, veteran status, or other characteristics.


Russell Tobin offers eligible employees comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), a 401(k)-retirement savings, life & disability insurance, an employee assistance program, identity theft protection, legal support, auto and home insurance, pet insurance, and employee discounts with some preferred vendors.