Sr. Analyst, CLO Investment Services
About the position
The Sr. Analyst, CLO Investment Services will assist with migrating the operational model for the Grand Harbour CLO business into Fidelity's broader CLO operating infrastructure. Specifically, the Senior Analyst will be assigned to a minimum of three live CLOs and will have responsibility for the daily monitoring of CLO compliance test results, regular review/updates of security reference data, monthly Trustee Report review/approval and quarterly waterfall distribution review/approval. In addition, the Senior Analyst will be required to have in-depth understanding of the indenture language for their assigned CLOs, support reset(s), refinancing(s) and liquidation(s) of their assigned CLOs and provide other ongoing operational and administrative support. Further, the Senior Analyst will be deeply involved with the testing, implementation and utilization of new technologies that will result in more efficient compliance test calculations, data reconciliation and waterfall creation. The position requires close interaction with portfolio managers, traders, legal, compliance, investment services, third party trustees, underwriters and Fidelity's Investment Operations teams.
Responsibilities
• Assist with migrating the operational model for the Grand Harbour CLO business into Fidelity's broader CLO operating infrastructure.
• Monitor daily CLO compliance test results.
• Review and update security reference data regularly.
• Review and approve monthly Trustee Reports.
• Review and approve quarterly waterfall distributions.
• Understand the indenture language for assigned CLOs.
• Support resets, refinancings, and liquidations of assigned CLOs.
• Provide ongoing operational and administrative support.
• Test, implement, and utilize new technologies for compliance test calculations, data reconciliation, and waterfall creation.
• Interact with portfolio managers, traders, legal, compliance, investment services, third party trustees, underwriters, and Fidelity's Investment Operations teams.
Requirements
• BA / BS degree required, advanced degree a plus.
• Minimum of 4 to 6 years of financial services experience, preferably with leveraged loan/CLO operations.
• Solid understanding of the US leveraged loan market and structured finance transactions.
• Prior experience with leveraged loan/CLO operations and trustee reporting.
• Working knowledge of Virtus or Wall Street Office.
• Familiarity with Rating Agencies (Moody's, S&P, Fitch).
• Experience with credit agreements, term sheets, indentures, and other security offering documents.
• Ability to monitor daily CLO compliance results to ensure adherence to indenture guidelines.
• Ability to unwind/review CLO compliance results to ensure accuracy.
• Interact with Trustee to communicate hypothetical trades and assess impact to compliance results.
• Work with external vendors to build, implement, and test compliance modules for each new CLO.
• Oversight of Trustee reporting for the Grand Harbour CLOs.
• Strong Microsoft Excel skills.
• Excellent interpersonal skills.
• Ability to work independently while integrating seamlessly with other members of the Investment & Investment Services teams.
• Reliable, self-starter, highly detail oriented, well-organized and able to manage several priorities and deadlines.
Benefits
• Comprehensive health care coverage and emotional well-being support.
• Market-leading retirement.
• Generous paid time off and parental leave.
• Charitable giving employee match program.
• Educational assistance including student loan repayment, tuition reimbursement, and learning resources.
Apply Now
Apply Now
The Sr. Analyst, CLO Investment Services will assist with migrating the operational model for the Grand Harbour CLO business into Fidelity's broader CLO operating infrastructure. Specifically, the Senior Analyst will be assigned to a minimum of three live CLOs and will have responsibility for the daily monitoring of CLO compliance test results, regular review/updates of security reference data, monthly Trustee Report review/approval and quarterly waterfall distribution review/approval. In addition, the Senior Analyst will be required to have in-depth understanding of the indenture language for their assigned CLOs, support reset(s), refinancing(s) and liquidation(s) of their assigned CLOs and provide other ongoing operational and administrative support. Further, the Senior Analyst will be deeply involved with the testing, implementation and utilization of new technologies that will result in more efficient compliance test calculations, data reconciliation and waterfall creation. The position requires close interaction with portfolio managers, traders, legal, compliance, investment services, third party trustees, underwriters and Fidelity's Investment Operations teams.
Responsibilities
• Assist with migrating the operational model for the Grand Harbour CLO business into Fidelity's broader CLO operating infrastructure.
• Monitor daily CLO compliance test results.
• Review and update security reference data regularly.
• Review and approve monthly Trustee Reports.
• Review and approve quarterly waterfall distributions.
• Understand the indenture language for assigned CLOs.
• Support resets, refinancings, and liquidations of assigned CLOs.
• Provide ongoing operational and administrative support.
• Test, implement, and utilize new technologies for compliance test calculations, data reconciliation, and waterfall creation.
• Interact with portfolio managers, traders, legal, compliance, investment services, third party trustees, underwriters, and Fidelity's Investment Operations teams.
Requirements
• BA / BS degree required, advanced degree a plus.
• Minimum of 4 to 6 years of financial services experience, preferably with leveraged loan/CLO operations.
• Solid understanding of the US leveraged loan market and structured finance transactions.
• Prior experience with leveraged loan/CLO operations and trustee reporting.
• Working knowledge of Virtus or Wall Street Office.
• Familiarity with Rating Agencies (Moody's, S&P, Fitch).
• Experience with credit agreements, term sheets, indentures, and other security offering documents.
• Ability to monitor daily CLO compliance results to ensure adherence to indenture guidelines.
• Ability to unwind/review CLO compliance results to ensure accuracy.
• Interact with Trustee to communicate hypothetical trades and assess impact to compliance results.
• Work with external vendors to build, implement, and test compliance modules for each new CLO.
• Oversight of Trustee reporting for the Grand Harbour CLOs.
• Strong Microsoft Excel skills.
• Excellent interpersonal skills.
• Ability to work independently while integrating seamlessly with other members of the Investment & Investment Services teams.
• Reliable, self-starter, highly detail oriented, well-organized and able to manage several priorities and deadlines.
Benefits
• Comprehensive health care coverage and emotional well-being support.
• Market-leading retirement.
• Generous paid time off and parental leave.
• Charitable giving employee match program.
• Educational assistance including student loan repayment, tuition reimbursement, and learning resources.
Apply Now
Apply Now