CLO & Private Credit Services Account Manager
Deutsche Bank, Santa Ana, CA, United States
CLO & Private Credit Services Account Manager
Corporate Title: Associate to Vice President Location: Santa Ana, CA or New York, NY (All Roles To Be Considered) Overview 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 Manager is the primary point of contact for our clients, which are the collateral managers of Collateralized Loan Obligations. You must have a deep understanding of CLOs, ABLs, compliance test calculations, bank loans and other complex fixed income structures. You will provide oversight of day to day operational/client service activities while monitoring controls such as overdraft reports, annual reviews, and outstanding deal compliance. 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 Primary point of contact for a portfolio of CLO Special Purpose Vehicles Produce monthly and quarterly investor reporting packages. Must have knowledge of all test calculations in the issued reports Review and release wires for trade settlements Communicate with arrangers, collateral managers, rating agencies, accountants and bondholders Close interaction with DB Operations and Account Administrators. Maintain each SPV's annual compliance requirements (Accountant's Reports, Issuer's Certifications, etc.) How You'll Lead Senior Management Must be able to succinctly communicate with high level leaders within the organization Clients Must understand the CLO transaction and be able to interact with Collateral Managers and Investors on the internal mechanics of a deal Analytics/IT Must be able to identify operational bottleneck and work together with IT/Analytics to develop and implement a solution Skills You'll Need BA/BS, preferably in Accounting, Finance, Business or Economics, MBA is a plus Proven prior experience with CLOs Understanding of bank loans - BSL, middle market and private credit loans. Understanding of general accounting and financial reporting principles General understanding of structured credit products; ABLs and borrowing base calculations, a plus. Competent in all MS Office products; Advanced MS Excel abilities, familiarity with complex formulas and modelling techniques, a plus. Familiarity with wiring instructions, SWIFT payments a plus. Experience reviewing indentures, credit agreements and other governing documents 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 New York, NY or 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 New York City or California is $120,000- $172,500. 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. 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.
Corporate Title: Associate to Vice President Location: Santa Ana, CA or New York, NY (All Roles To Be Considered) Overview 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 Manager is the primary point of contact for our clients, which are the collateral managers of Collateralized Loan Obligations. You must have a deep understanding of CLOs, ABLs, compliance test calculations, bank loans and other complex fixed income structures. You will provide oversight of day to day operational/client service activities while monitoring controls such as overdraft reports, annual reviews, and outstanding deal compliance. 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 Primary point of contact for a portfolio of CLO Special Purpose Vehicles Produce monthly and quarterly investor reporting packages. Must have knowledge of all test calculations in the issued reports Review and release wires for trade settlements Communicate with arrangers, collateral managers, rating agencies, accountants and bondholders Close interaction with DB Operations and Account Administrators. Maintain each SPV's annual compliance requirements (Accountant's Reports, Issuer's Certifications, etc.) How You'll Lead Senior Management Must be able to succinctly communicate with high level leaders within the organization Clients Must understand the CLO transaction and be able to interact with Collateral Managers and Investors on the internal mechanics of a deal Analytics/IT Must be able to identify operational bottleneck and work together with IT/Analytics to develop and implement a solution Skills You'll Need BA/BS, preferably in Accounting, Finance, Business or Economics, MBA is a plus Proven prior experience with CLOs Understanding of bank loans - BSL, middle market and private credit loans. Understanding of general accounting and financial reporting principles General understanding of structured credit products; ABLs and borrowing base calculations, a plus. Competent in all MS Office products; Advanced MS Excel abilities, familiarity with complex formulas and modelling techniques, a plus. Familiarity with wiring instructions, SWIFT payments a plus. Experience reviewing indentures, credit agreements and other governing documents 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 New York, NY or 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 New York City or California is $120,000- $172,500. 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. 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.