FAQs
What is the primary role of the CLO Asset Reconciliation Analyst at U.S. Bank?
The primary role of the CLO Asset Reconciliation Analyst is to update and maintain data integrity for a range of asset data points across assets held in CLO portfolios, as well as calculating various portfolio statistics, ratios, and thresholds for hypothetical trading scenarios.
What key tasks will the CLO Asset Reconciliation Analyst be responsible for?
Key tasks include updating asset data characteristics, running reconciliations between U.S. Bank and client asset data sets, investigating exceptions, collaborating with CLO Analysts to resolve issues, ensuring compliance in calculations of ratios and thresholds, running hypothetical trading scenarios, generating various client data reports, and onboarding clients into the centralized reconciliation/hypothetic trading team.
What experience is required for the CLO Asset Reconciliation Analyst position?
A candidate should have 2 years or more of experience within a financial institution, preferably with direct experience in securities/assets and their reconciliation. Experience in asset reconciliations is specifically required.
Are there any specific technical skills required for the CLO Asset Reconciliation Analyst role?
Yes, an intermediate level of proficiency in Excel is required. Additionally, knowledge of collateral loan obligations (CLOs), financial instruments, loans, bonds, and their typical data points would be beneficial.
What personal attributes are important for a candidate applying for the CLO Asset Reconciliation Analyst position?
Important personal attributes include attention to detail, a problem-solving mentality, client engagement skills, and the ability to work in a fast-paced environment while meeting multiple deadlines.
What opportunities for growth can a CLO Asset Reconciliation Analyst expect at U.S. Bank?
U.S. Bank offers exciting career growth opportunities with development resources that allow employees to stretch their skills and shine in their roles.
Is knowledge of Collateral Loan Obligations (CLOs) essential for this job?
While basic knowledge of CLOs is beneficial, it is noted that a theoretical understanding and a strong desire to join the CLO industry can also be sufficient for applicants.
What type of work environment does U.S. Bank provide for its employees?
U.S. Bank offers a fast-paced and diverse working environment, with employees from many different nationalities, emphasizing a commitment to employee health, financial security, and career development.
How does U.S. Bank accommodate applicants with disabilities during the hiring process?
U.S. Bank provides accommodations for applicants with disabilities during any portion of the application or hiring process, and further details can be found in their disability accommodations policy.