CLO & Private Credit Services – Account Administrator

Job Title CLO & Private Credit Services – Account Administrator

Corporate Title NCT to AVP

Location Santa Ana, CA

(ALL ROLES TO BE CONSIDERED)

Overview

CLO & Private Credit Services was started back in 2000.  Our staff of professionals provides trustee, calculation agent, collateral administration, and custodian services on over 400 SPVs both domestically and throughout Europe.

The Account Administrator would be responsible the cash management, mutual fund investing, FX trades and non-USD wires, cash ledger reconciliations, and identification of uninvested cash for our CLO product.  

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift, and volunteer programs

What You’ll Do

• Responsible for daily cash management and mutual fund investment for CLOs and other structured products
• Initiate and arrange for the release of wires for daily trade settlements.
• Set up FX trades and non-USD wires; reconcile daily cash receipts
• Research and identify any missing or uninvested cash for your portfolios
• Oversight of day-to-day operational/client service activities while monitoring controls such as review and reconciliation of overdrawn accounts or breaks reports
• Closely work with account managers to ensure all the client / bondholder queries and escalations are being handled in a timely and accurate manner
• Communicate with collateral managers, accountants and bondholders; close interaction with DB Operations and Account Administrators

Skills You’ll Need

• BA/BS, preferably in Accounting, Finance, Business or Economics
• Proven prior experience with CLOs
• Understanding of bank loans - BSL, middle market and private credit loans.
• Understanding of general accounting and financial reporting principles

• Competent in all MS Office products; Advanced MS Excel abilities, familiarity with complex formulas and modelling techniques, a plus.
• Familiarity with wiring instructions, SWIFT payments a plus.
• Experience reviewing credit agreements a plus

Skills That Will Help You Excel

• Strong written/verbal communication skills.
• Strong organizational skills.
• Experience with Solvas-CDOSuite, a plus
• Fluent in English

Expectations

It is the Bank’s expectation that employees hired into this role will work in the Santa Ana, CA office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in Santa Ana, CA is $65,000- $146,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees:  https://careers.db.com/life

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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.