Client Administrator IV - Private Debt CLO
Client Administrator IV - Private Debt CLO
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Job Description
Job Title: Client Administrator IV Private Debt & CLO
Company: M&T Bank
Location: Baltimore MD
Job Type: Fulltime
Industry Type: Banking/Financial Services
As part of the Loan Market Solutions Division the CLO & Loan Administration team at M&T Bank provides trustee & custodian services to sophisticated loan asset managers. The team is responsible for tracking and maintaining all daily activity including the collection of payments investor waterfall distributions and portfolio compliance reporting. This role involves working with a dynamic team focused on client experience technology and continuous process improvement.
Primary Responsibilities:- Client Relationship Support: Assist Relationship Managers in overseeing client relationships.
- Cash Application & Position Reconciliation: Perform daily cash application and reconciliation for loan positions.
- Data Maintenance & Reporting: Perform daily and monthly tieouts of loan characteristics and provide compliance reporting for CLOs.
- Crossfunctional Collaboration: Liaise with auditors underwriters CLO managers private debt managers and other stakeholders.
- Global Asset Setup & Maintenance: Support in global asset setup and maintenance including trade and wire processing.
- Process Improvement: Suggest and implement innovative ideas for improving workflows.
- Risk & Regulatory Compliance: Understand and adhere to company policies escalating riskrelated issues when necessary.
- Internal Controls & Audit: Maintain internal control standards and assist in implementing audit recommendations.
This role offers significant crosstraining opportunities providing exposure across various functions including account setup KYC procedures CLO compliance and waterfall payments. M&T Bank is committed to developing individualized career paths offering roles in leadership client relationships operations and analytics.
Qualifications: Required:- Bachelors Degree and a minimum of 4 years relevant experience with direct client contact OR
- In lieu of a degree 7 years of combined higher education/work experience with 3 years of relevant client contact experience.
- Strong customer service orientation.
- Excellent verbal and written communication skills.
- Bachelors Degree in Finance Business Economics or Accounting.
- Highly proficient in Microsoft Office and SQL.
- Familiarity with loan products such as BiLateral ABL Facilities SMAs Private Funds CLOs and Business Development Companies.
- Experience with systems/applications such as Clearpar Solvas/CDO Suite SEI Wall Street Office and LoanIQ.
- Prior work experience at CLO Trustee Loan Agent/Bank Middle Office Provider or CLO Manager.
- Competitive compensation and comprehensive benefits package.
- 401(k) match at 5% with Roth and discretionary employer contributions.
- Full medical & dental benefits health savings & flexible spending accounts and life/disability insurance.
- Generous paid time off (PTO) plus 11 paid holidays and an option to buy additional PTO.
- Paid parental leave and various tuition assistance options.
- Wellness programs and employee discounts.
Location: Baltimore Maryland United States of America
Employment Type
Full Time
