CLO Client Administrator II

United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

Candidates should possess a Bachelor's degree and at least 2 years of relevant work experience with direct client contact, or a combination of 4 years of higher education and work experience. Strong customer service, excellent communication, and proficiency in Microsoft Office and SQL are essential. Familiarity with loan products and systems like Clearpar or LoanIQ is preferred.

Responsibilities

The CLO Client Administrator II will support Relationship Managers, perform daily cash application and reconciliation, and tie out loan characteristics. Responsibilities include liaising with auditors and other parties, assisting with global asset setup, processing trades and wires, and implementing workflow improvements. The role involves understanding and adhering to risk and regulatory standards, maintaining internal control standards, and completing assigned duties.

Skills

Loan Administration

Trustee Services

Custodian Services

Cash Application

Reconciliation

Compliance Reporting

Waterfall Payments

KYC Procedures

Trade Processing

Wire Processing

Risk Management

Regulatory Compliance

M&T Bank

Full-service banking for individuals and businesses

About M&T Bank

M&T Bank provides a variety of banking services to individuals, small businesses, and larger companies. Their offerings include mortgage assistance, personal and business checking accounts, and mobile banking options. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a focus on customer service. M&T Bank's business model is based on traditional banking practices, such as loans, deposits, and investment products, and it generates revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded their services and market presence.

Buffalo, New YorkHeadquarters

1993Year Founded

IPOCompany Stage

Financial ServicesIndustries

10,001+Employees