U.S. Bank Job - 30729119 | CareerArc
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Company: U.S. Bank
Location: Chicago, IL
Career Level: Associate
Industries: Banking, Insurance, Financial Services

Description

The Collateralized Debt Obligation Group (CDO) is a division within Corporate Trust Services. CDOs are structured finance vehicles that issue both debt and equity liabilities, with the proceeds being used to buy a portfolio of collateral. Typical types of collateral include syndicated bank loans, corporate bonds, asset-backed securities, mortgage-backed securities, and Mezzanine debt. Responsibilities include: settles bond/bank loan trades and invests excess cash as directed by the Portfolio Manager, books cash inflows/outflows to the portfolio, tracks asset attributes such as accrual information, rating, industry codes, etc., provides reports to the clients on a daily basis, and assists Analysts with reporting to the investors. Ensures 100% accuracy and timeliness of data through proper booking and reconciliation of account activity.

Qualifications

Basic Qualifications
- Bachelor's degree in finance or related field, or equivalent work experience
- Less than two years of relevant work experience

Preferred Skills/Experience
- Strong organizational skills and detail-oriented
- Basic indenture interpretation abilities and analytical skills
- Effective verbal and written communication skills
- Ability to manage multiple tasks/projects and deadlines simultaneously
- Ability to work both independently and as a team player
- Proficient computer skills, especially Microsoft Office applications
- Some knowledge of Wallstreet Office, SEI, and CDO Suite preferred


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