CDO Loan / Asset Administrator at KForce

DescriptionKforce has a client that is seeking a CDO Loan/Asset Administrator in Chicago, IL.Summary: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. The primary responsibility for this role is to manage the daily CLO system.Duties Include:* Sets up new portfolios, assets and cash mapping input to CLO system* Processes Agent Bank notices into system* Researches 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 receivedRequirements* Typically, an Associate's or Bachelor's degree, or equivalent work experience* Typically, less than two years of relevant work experiencePreferred 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 applicationsJob TypeContractCompensation18 - $18