CLO Client Administrator IV

United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

Candidates should possess a Bachelor's degree and a minimum of 4 years of relevant work experience with direct client contact, or a combined minimum of 8 years of higher education and/or work experience including at least 1 year of direct client contact. A strong focus on customer service and satisfaction, excellent verbal and written communication skills are required. Preferred qualifications include a Bachelor's Degree in Finance, Business, Economics or Accounting, high proficiency in Microsoft Office and SQL, exceptional organizational skills with attention to detail, excellent interpersonal and analytical skills, and familiarity with various loan products and relevant systems.

Responsibilities

The CLO Client Administrator IV will support the Relationship Manager with client relationship oversight, perform daily cash application and position reconciliation, and conduct daily and monthly tie-outs of underlying loan characteristics. They will liaise with auditors, underwriters, CLO managers, private debt managers, and other parties, assist with global asset setup and maintenance, and perform trade and wire processing for daily trading activity. Responsibilities also include strategizing, recommending, and implementing innovative ideas for improved daily workflows, understanding and adhering to the Company’s risk and regulatory standards, policies and controls, and identifying risk-related issues needing escalation. The role involves maintaining M&T internal control standards, completing assigned duties, and participating in continuous process reassessment and evaluation, including special projects and initiatives.

Skills

Loan Administration

Trustee Services

Custodian Services

Cash Application

Reconciliation

Compliance Reporting

Waterfall Distributions

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