CLO Operations Manager at PIMCO overseeing day-to-day operational and client service activities for CLOs. Ensuring compliance and efficiency in processes across the CLO business.
Responsibilities
Serve as the primary point of contact for internal and external partners, including portfolio managers, risk and compliance, and service providers.
Oversee day-to-day operational and client service activities, monitoring controls such as overdraft reports and outstanding deal compliance.
Manage CLO operations and risk management, ensuring seamless and efficient processes across the CLO business.
Connect back, middle, and front office operations, establishing and maintaining internal controls to effectively manage compliance and operations in the CLO Warehouse Lending and Securitization business.
Review all new CLO Warehousing Lending and Securitization Business documents and participate in special projects to enhance the team’s efficiency and effectiveness.
Requirements
Minimum of a Bachelor’s Degree required.
5-8 years of experience managing CLO operations directly on behalf of a collateral warehouse manager or managing an outsourced provider running CLO operations
Hands-on experience with managing hypothetical trading processes
Building and reviewing outsourced providers' models for all CLO indenture level tests, criteria, and credit classifications
Selecting or reviewing Cov-Lite, Industry Classifications, and Ratings Agency determinations
Managing CLO warehouse portfolio ramp-up.
Full CLO cycle experience – from warehouse to securitization, effective date through post-reinvestment period, and best practices in CLO management.
Demonstrated knowledge of the syndicated bank loans market, risk retention compliance, and CLO indentures credit agreement experience.
Prior use of CLO operations systems such as WSO Compliance, Sentry, Solvas, Allvue, Moody’s Analytics.
Excellent written and verbal communication skills, suitable for client meetings.
Consistent track record managing CLO operations and managing outsourced providers.
Good working knowledge of Excel and Bloomberg is essential.
Understanding of SQL and database query tools is desirable.
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