CLO Fund Controller

Position: Permanent

Salary: £58000

Location: London

Job ID: JA010821CLOFC

Our client is a fast-growing and award-winning credit fund manager focused on CLO funds. In this role you will work closely with the Portfolio Managers and Credit Analysts.

Main Responsibilities of the CLO Fund Controller:

  • Oversight of all Primary and Secondary Loan Closing activities and bond/FRN settlement
  • Daily reconciliation of the CLO portfolio holdings and the associated cash activity
  • Monitor and maintain the collateral portfolio in Wall Street Office to ensure all Portfolio Profile, Collateral Quality and Coverage tests are accurate
  • Daily portfolio pricing and NAV calculations
  • Hypothetical trade testing and oversight of the Collateral Administrator(s) hypothetical testing
  • Communicate all trading activity to the Collateral Administrator(s) promptly
  • Ensure all funding draw-downs are completed in a timely and accurate manner
  • Maintaining a spreadsheet of credit ratings and recovery rates and notifying the wider team of any changes
  • Maintaining a diary of ratings review dates
  • Weekly internal reporting to communicate the current fund status and the trends of key portfolio compliance tests and collateral composition
  • Completion of all Administration forms for Primary Loans
  • Ensuring all KYC documents are up to date and the provision of docs upon request
  • Maintain a database of all invoices, allocate across funds and ensure timely payment

Skills and Experience Required CLO Fund Controller:

  • Experience in CLO/CDO support function
  • Ability to understand and interpret deal documentation
  • Advanced Excel capabilities
  • A personable individual with very good communication skills who can multitask and prioritise a diverse workload
  • An individual with attention to detail when under pressure with deadlines.

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