CLO & Private Credit Services – Account Administrator
Deutsche Bank, Santa Ana, CA, United States
Strong written/verbal communication skills.
Position Overview Job Title: CLO & Private Credit Services – Account Administrator
Corporate Title: NCT to AVP
Location: Santa Ana, CA
ALL ROLES TO BE CONSIDERED
CLO & Private Credit Services was started back in 2000. Our staff of professionals provides trustee, calculation agent, collateral administration, and custodian services on over 400 SPVs both domestically and throughout Europe.
The Account Administrator would be responsible for the cash management, mutual fund investing, FX trades and non-USD wires, cash ledger reconciliations, and identification of uninvested cash for our CLO product.
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in‑office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift, and volunteer programs
What You’ll Do
Responsible for daily cash management and mutual fund investment for CLOs and other structured products
Initiate and arrange for the release of wires for daily trade settlements
Set up FX trades and non‑USD wires; reconcile daily cash receipts
Research and identify any missing or uninvested cash for your portfolios
Oversight of day‑to‑day operational/client service activities while monitoring controls such as review and reconciliation of overdrawn accounts or breaks reports
Work closely with account managers to ensure all the client / bondholder queries and escalations are handled timely and accurately
Communicate with collateral managers, accountants and bondholders; close interaction with DB Operations and Account Administrators
Skills You’ll Need
BA/BS, preferably in Accounting, Finance, Business or Economics
Proven prior experience with CLOs
Understanding of bank loans – BSL, middle market and private credit loans
Understanding of general accounting and financial reporting principles
Competent in all MS Office products; Advanced MS Excel abilities, familiarity with complex formulas and modeling techniques, a plus
Familiarity with wiring instructions, SWIFT payments a plus
Experience reviewing credit agreements a plus
Skills That Will Help You Excel
Strong written/verbal communication skills.
Strong organizational skills.
Experience with Solvas-CDOSuite, a plus
Fluent in English
Expectations It is the Bank’s expectation that employees hired into this role will work in the Santa Ana, CA office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in Santa Ana, CA is $97,000- $136,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice, please email HR.Direct@DB.com.
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law.
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Position Overview Job Title: CLO & Private Credit Services – Account Administrator
Corporate Title: NCT to AVP
Location: Santa Ana, CA
ALL ROLES TO BE CONSIDERED
CLO & Private Credit Services was started back in 2000. Our staff of professionals provides trustee, calculation agent, collateral administration, and custodian services on over 400 SPVs both domestically and throughout Europe.
The Account Administrator would be responsible for the cash management, mutual fund investing, FX trades and non-USD wires, cash ledger reconciliations, and identification of uninvested cash for our CLO product.
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in‑office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift, and volunteer programs
What You’ll Do
Responsible for daily cash management and mutual fund investment for CLOs and other structured products
Initiate and arrange for the release of wires for daily trade settlements
Set up FX trades and non‑USD wires; reconcile daily cash receipts
Research and identify any missing or uninvested cash for your portfolios
Oversight of day‑to‑day operational/client service activities while monitoring controls such as review and reconciliation of overdrawn accounts or breaks reports
Work closely with account managers to ensure all the client / bondholder queries and escalations are handled timely and accurately
Communicate with collateral managers, accountants and bondholders; close interaction with DB Operations and Account Administrators
Skills You’ll Need
BA/BS, preferably in Accounting, Finance, Business or Economics
Proven prior experience with CLOs
Understanding of bank loans – BSL, middle market and private credit loans
Understanding of general accounting and financial reporting principles
Competent in all MS Office products; Advanced MS Excel abilities, familiarity with complex formulas and modeling techniques, a plus
Familiarity with wiring instructions, SWIFT payments a plus
Experience reviewing credit agreements a plus
Skills That Will Help You Excel
Strong written/verbal communication skills.
Strong organizational skills.
Experience with Solvas-CDOSuite, a plus
Fluent in English
Expectations It is the Bank’s expectation that employees hired into this role will work in the Santa Ana, CA office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in Santa Ana, CA is $97,000- $136,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice, please email HR.Direct@DB.com.
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law.
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