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 of the 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.