CLO Deal AdministratorJob Id2025-0018303LocationChicago, IL, United StatesPosting Start Date09 / 23 / 2025Anticipated Posting End Date09 / 28 / 2025Job TypeFull timeJob available in 2 categories. Banking OperationsWealth Management

Clo Deal Administrator

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel atall from Day One.

The Collateralized Loan Obligation Group (CLO) is a division within Global Corporate Trust and Custody. CLOs are structured finance vehicles that issue both debt and equity liabilities, with the proceeds being used to buy a portfolio of collateral. Typical types of collateral include syndicated bank loans, corporate bonds, ABS, MBS, and Mezzanine debt. Investors can choose between a variety of risk return options. Responsibilities include : settles bond / bank loan trades and invests excess cash as directed by the Portfolio Manager, books cash inflows / outflows to the portfolio, tracks asset attributes such as accrual information, rating, industry codes, etc., provides reports to the clients on a daily / monthly / quarterly basis, and assists Analysts with reporting to the investors. Ensures accuracy and timeliness of data through proper booking and reconciliation of account activity.

Basic Qualifications - Bachelor's degree in finance or related field, or equivalent work experience - Typically less than two years of relevant work experience

Preferred Skills / Experience - Strong organizational skills and detail-oriented, Basic indenture interpretation abilities and analytical skills, Effective verbal and written communication skills, Ability to manage multiple tasks / projects and deadlines simultaneously, Ability to identify and resolve exceptions and interpret data, Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours) :

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range : $25.77 - $34.33