Sep 25, 2023

Structured Products Specialist

  • Wall Street Careers
  • Charlotte, NC, USA
Full time Operations | Middle Office

Job Description

The company: Global Hedge Fund that focuses on Credit and Special Situations with over $20B of AUM


Job Title: Structured Product Specialist



  • Daily reporting to portfolio managers and CFO on investment compliance criteria and objectives
  • Review of monthly CLO reports as well as quarterly distribution reports to investors
  • Resolve differences in a timely manner by working with various internal teams and external service providers
  • Review reconciliations comparing key portfolio information and statistics between the manager and the trustee
  • Prepare/Calculate responses to requests from portfolio managers
  • Liaise and consult with operations, tax, legal and audit advisors
  • Review daily cash flows and reconciliations to ensure proper allocation of payments
  • Monitor daily cash balances
  • Build and use models in Excel to evaluate indicative portfolios, analyze sensitivities and assist with other ad-hoc requests from the CLO team
  • Perform periodic equity requirement calculations
  • Work with information technology to develop and implement new reporting tools and enhance reporting transparency



  • 2-6 + years of relevant experience at a hedge fund, private credit fund, trustee bank or public accounting firm
  • CLO knowledge including a thorough understanding of CLO tests, their calculations and Indenture language.
  • Direct experience with compliance testing & monitoring for CLOs
  • Strong Excel skills with experience operating and building financial models
  • Fundamental understanding of credit products and markets, including bank loans and corporate bonds

Firm Description

Collateralized Loan Obligation (CLO)

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