Job Description - CDO Loan/Asset Administrator in Chicago
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CDO Loan/Asset Administrator

Ref: US_EN_6_971574_1424694

Posted on 06 January 2022
Job Location
Chicago, Illinois
Contract Type
Contract/Temp to Hire
Banking / Finance / Insurance
$18 - $20 / Hour

Title: - CDO Loan/Asset Administrator

Location: - Chicago, Boston, or Houston – Remote Start

Duration: - 12 Months Temp to Perm

Pay Rate - $20/hr on W2

Start Date: 01/26/2022

2 openings

Remote during pandemic: Candidates can be local to Chicago, Boston, or Houston. Remote for now, but need to be local to one of the above locations so they can work in a hybrid capacity after return to office. Hybrid will be 3 days in-office and 2 days at home.

Position is with a fifth largest banking institution in the United States. The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. We are looking for fresh college graduates or Candidates with 6 months to 2 years in accounting and financial transactions and customer service activities. Please share your updated copy of resume to apply.


Collateralized Debt Obligation Group (CDO) is a division within client’s Global Corporate Trust Services, the premier CLO trustee in the industry. CDOs 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, asset-backed securities, mortgage-backed securities, and Mezzanine debt.


Primary responsibility for this role is to manage the daily Collateralized Debt Obligation (CDO) Suite and Issue Tracker reports. Sets up new portfolios, assets and cash mapping input to CDO Suite. Processes Agent Bank notices into CDO Suite. Researches CDO Suite discrepancies between portfolios with the same bond using Bloomberg, DTC, and Trustee report data. Manages daily CDO Suite and Issue Tracker reports globally to ensure accurate information. Ensures client responses on corporate actions are entered into Etran in a timely and accurate manner. Clears past dues and unapplied balances. Contacts Trustees and Agent Banks daily to ensure all missing payments or reports are received.

Basic Qualifications

  • Associate's or Bachelor's degree in business administration or equivalent work experience. (Degree not required)
  • 6 months to 2 years in accounting and financial transactions and customer service activities.
  • Equal Opportunity Employer/Veterans/Disabled

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    The Company will consider qualified applicants with arrest and conviction records

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