Position Details

Client: Banking

Title:  ABS/CLO

Location: New York, NY 10013 (Hybrid)

Duration: 12 months

Schedule: Shift hours: Basic Business Hours

Start Date: ASAP

Job Description:

• Assist with setup and ongoing support for bank loan, warehouse, and repo facility reconciliation and position reporting.
• Monthly and quarterly ABS and CLO processing and related automation.
• Cash and loan transaction account reconciliation and related automation.
• Daily reconciliation report and position statement review and related automation.
• Assist with documentation of requirements, use cases, and associated testing data.
• Properly bifurcate cash and transaction activity and related breaks for each facility.
• Assist with the preparation of daily aggregated facility reporting.
• Test model and data for completeness and accuracy.
• Create reconciliation and validation tools for structured finance transactions utilizing python.

Qualifications:

• Some experience in the ABS/CLO/CMBS/RMBS industry is preferred.
• Proficiency in a programming language such as Python or VBA is desirable but not required.
• General knowledge of databases, software, and overall process design is desirable.
• BS degree in finance or a relevant quantitative field such as mathematics, physics, computer science, or engineering is highly desirable.
• Proficiency with cash-flow modeling of securitized products is preferred.
• Proficiency with bank loan or repo facility cash and account reconciliation is strongly preferred.
• Must be highly competent with Excel.
• Proficiency with Access, SQL, and/or ETL experience is a plus.
• Must have strong problem-solving skills, excellent work ethic, and good communication skills.
• Must be motivated and able to work both independently and as part of a team.