TD And E - BT - FS - CLO Reporting- Manager

EY – GDS – Consulting – Capital Market Operations

As part of our EY - Business Consulting Team, you will help our Global Wealth, Asset Management and Investment Banking clients with scaling their capital market operations across their middle and back office functions. This includes working with the clientele to setup their Global Delivery Centers and a reliable and scalable operating model that will enable their requirements and growth. Additionally, this role requires experience and contributions in Performance Improvement initiatives through identification of potential opportunities and driving them through collaboration and direction. This includes techno-functional role conducting finance processes assessments, deep diving and analysing pain areas and coming up with solutions.

CLO Reporting Job Description

• Provides senior support for LevFin CLO analytic and collaborate with other colleagues in various locations to ensure quality of reporting & data provided to investment team and various other users of this information.
• Functions as one of the key contacts with trustees and agent banks in relation to issues and resolution of problematic discrepancies with custodians, trustees, agent banks, and/or counterparties.
• Evaluate and validate the accuracy of collateral quality, concentrations and coverage tests.
• Review CLOs waterfalls and validate management, trustees, and other fees.
• Confirm the accuracy of various test results calculations according to CLOs indentures.
• Organize the maintenance of all Leverage Finance activity (interest rate resets, principal repayments, principal drawdowns, margin changes) in all Leverage Finance systems.
• Assist in WSO data, transactions discrepancies and liaise with service provider to resolve issues.
• Review cash/currency positions and assess potential FX spot and forward adjustments and communicate to front office as appropriate.
• Deliver cashflow projections to portfolio managers, analysts, and Leverage Finance Operations.
• Assess and address training needs of staff in current and future-state assets and systems.
• Liaise with managers in documentation process requirements and updating of procedures for Leverage Finance CLO analytics.
• Assist with the creation, tracking, and reporting of metrics for the Leverage Finance Operations team.
• Provide a senior support for CLO closing reconciliation, fund liquidation & onboarding new funds.
• Ensuring integrity of all assets attributes in systems and following up with all parties for updates.

Required Skills:

• 5 or more years of work experience with syndicated leveraged loans.
• Expertise in reading and interpreting CLO indentures.
• Understanding of validating Coverage, Collateral Quality & Concentration tests.
• Ensuring data and cash reconciliations integrity including updating systems.
• Knowledge of Wall Street Office (WSO) and ClearPar is required.
• Understanding of syndicated loans and CLOs life cycle.
• Knowledge of bank loan restructuring and impacts on principal and cash.
• Coordinating with trustees, agents, and investment teams.
• Knowledge of processing and obtaining agent notices for monthly and quarterly activities for loans.
• Adaptable to current and new technologies.
• Knowledge of workflow automation tools and ability to quickly learn processes desired.
• Ability to grasp the full understanding of a task, analyze its effectiveness and efficiencies, and professionally instruct the necessary changes to re-engineer the process.

Preferred Skills:

• Ability to work dynamically with global collaboration within LevFin operations team.
• Excellent written and verbal communication, interpersonal and conflict resolution skills.
• Ability to conduct complex analysis and present data in a meaningful way.
• Open minded, flexible, and willing to listen to and incorporate other colleagues’ opinions in team projects.
• Strong organizational skills necessary to meet deadlines, prioritize projects, multi-task, and assist other team members on organizing daily workflows.
• Excellent research & analytical as well as problem solving skills.

 What working at EY offers

At EY, we’re dedicated to helping our clients, from world’s top companies — and the work we do with them is as varied as they are.

You get to work with inspiring and meaningful projects. Our focus is education and coaching alongside practical experience to ensure your personal development. We value our employees and you will be able to control your own development with an individual progression plan. You will quickly grow into a responsible role with challenging and stimulating assignments. Moreover, you will be part of an interdisciplinary environment that emphasizes high quality and knowledge exchange. Plus, we offer:

• Support, coaching and feedback from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you