CLO Portfolio Management Associate
Coda Search│Staffing, New York, NY, United States
We are partnering with a $60B+ AUM Credit fund in need of a CLO Portfolio Associate for their New York headquarters. This firm is known for its 25-year track record of outperformance in credit markets, our client is a titan in the credit universe.
This role is a critical hire within their Structured Products team, offering direct exposure to senior Portfolio Managers and the Trading Desk. You will play a pivotal role in the optimization of both U.S. and European CLO portfolios, sitting at the intersection of quantitative analysis, market execution, and portfolio strategy.
Key Responsibilities Portfolio Optimization:
Partner with PMs and the Trading Desk to construct and propose trade optimizations for US/EUR CLO portfolios to enhance relative value and improve structural metrics. Performance Monitoring:
Actively monitor collateral composition, coverage tests (OC/IC), and structural triggers. Run all hypothetical trades and synthesize results for senior leadership. Collateral Analysis:
Identify and analyze daily changes in collateral pools, including loan trading activity, rating migrations, and default/recovery scenarios. Deal Lifecycle Management:
Assist in new issue launches, warehouses, restructurings, and refinancing transactions. Track warehouse ramping progress for upcoming deals. Stakeholder Liaison:
Serve as the central point of contact between Trading, Legal, Middle Office, and Technology to ensure deal integrity, compliance with investment guidelines, and data accuracy. Investor Relations:
Support the IR team by responding to complex investor inquiries and producing detailed portfolio performance analytics. Strategic Support:
Monitor fund-level liquidity and proactively propose capital calls as necessary.
Candidate Profile The Ideal Professional:
You are likely currently working at a top-tier CLO manager, a rating agency, a Big 4 accounting firm, or a specialized valuation shop. You possess a "proactive" mindset and thrive in the high-pressure environment of a leading investment floor.
Requirements: Experience:
2–4 years of experience specifically within structured credit, CLO analytics, or leveraged loan analytics. Knowledge Base:
Deep understanding of CLO documentation, indenture tests, and structural waterfalls. Knowledge of underlying corporate credit ratings is strongly preferred. Analytical Rigor:
Strong quantitative skills with the ability to analyze portfolio-level metrics and collateral performance. Software:
Proficiency in
Intex
and
Bloomberg
is highly preferred. Programming (Plus):
Experience with Python, VBA, or SQL is a significant advantage for automating workflows and data analysis. Bachelor’s degree in Finance, Economics, Mathematics, or a related quantitative field.
This role is a critical hire within their Structured Products team, offering direct exposure to senior Portfolio Managers and the Trading Desk. You will play a pivotal role in the optimization of both U.S. and European CLO portfolios, sitting at the intersection of quantitative analysis, market execution, and portfolio strategy.
Key Responsibilities Portfolio Optimization:
Partner with PMs and the Trading Desk to construct and propose trade optimizations for US/EUR CLO portfolios to enhance relative value and improve structural metrics. Performance Monitoring:
Actively monitor collateral composition, coverage tests (OC/IC), and structural triggers. Run all hypothetical trades and synthesize results for senior leadership. Collateral Analysis:
Identify and analyze daily changes in collateral pools, including loan trading activity, rating migrations, and default/recovery scenarios. Deal Lifecycle Management:
Assist in new issue launches, warehouses, restructurings, and refinancing transactions. Track warehouse ramping progress for upcoming deals. Stakeholder Liaison:
Serve as the central point of contact between Trading, Legal, Middle Office, and Technology to ensure deal integrity, compliance with investment guidelines, and data accuracy. Investor Relations:
Support the IR team by responding to complex investor inquiries and producing detailed portfolio performance analytics. Strategic Support:
Monitor fund-level liquidity and proactively propose capital calls as necessary.
Candidate Profile The Ideal Professional:
You are likely currently working at a top-tier CLO manager, a rating agency, a Big 4 accounting firm, or a specialized valuation shop. You possess a "proactive" mindset and thrive in the high-pressure environment of a leading investment floor.
Requirements: Experience:
2–4 years of experience specifically within structured credit, CLO analytics, or leveraged loan analytics. Knowledge Base:
Deep understanding of CLO documentation, indenture tests, and structural waterfalls. Knowledge of underlying corporate credit ratings is strongly preferred. Analytical Rigor:
Strong quantitative skills with the ability to analyze portfolio-level metrics and collateral performance. Software:
Proficiency in
Intex
and
Bloomberg
is highly preferred. Programming (Plus):
Experience with Python, VBA, or SQL is a significant advantage for automating workflows and data analysis. Bachelor’s degree in Finance, Economics, Mathematics, or a related quantitative field.