For Recruiters

CLO Analyst/Associate

BlackRock
Wilmington, United States
Posted 6 days ago Permanent Competitive
CLO Analyst/Associate
Description

About this role

CLO Analyst/Associate on the Portfolio Compliance Group (PCG) Monitoring team

Want to elevate your career by being a part of the world's largest asset manager? Do you love working in an environment that develops positive relationships and recognizes outstanding performance? Look no further! We know you want to feel valued every single day and be recognized for consistent contribution. At BlackRock we strive to empower our employees to make a difference and actively engage your involvement in our success. With over USD $10 trillion of assets, we have an outstanding responsibility: our technology and services empower millions of investors to achieve their ambitious goals of saving for retirement, paying for college, buying a home and improving their

financial well-being.

BlackRock is currently seeking professionals at the Analyst/Associate level to become part of

our team.

Team Overview

The CLO Admin team is responsible for implementing controls and processes to ensure compliance with all BlackRock managed Collateral Loan Obligations ("CLO") in the Americas. The team fulfills this mission primarily by analyzing and monitoring CLO investment guidelines using BlackRock's proprietary system Aladdin, along with 3rd party software and internally developed models. We are engaged with and provide innovative services to many other departments and functions across the firm, including portfolio management, client services, trading, technology, operations and legal.

Role Responsibility

Responsibilities are dynamic, but typically include:
  • Investment monitoring of BlackRock managed CLOs and other Structured Products utilizing excel models and WSO Compliance including review of daily, monthly report and waterfall distribution reports and investment guidelines
  • Read and interpret complex transaction documents and legal language in Credit Agreements and Indentures
  • Working closely with portfolio management and other partners to support the growing CLO business.
  • Analysis and report preparation of ad hoc requests from portfolio managers, client service and various internal teams.
  • Build relationships with third-party service providers to oversee service levels and enhance their reporting abilities
  • Becoming acquainted with BlackRock's various Aladdin applications, trade flow

process, compliance, and data environment
  • Participating in efficiency and improvement initiatives by providing ideas and

Potential solutions to enhance our operating and controls environment.

Development Value:
  • Exposure to multiple business organizations and senior stakeholders across

BlackRock globally
  • Opportunity to take responsibility and ownership for both individual projects

and team goals

Knowledge / Experience:
  • College graduates with a background in finance or similar fields are preferred and three [3] years of experience in related occupation.
  • Previous CLO experience from a back/middle-office manager or third-party service provider
  • Knowledge of financial instruments and markets is required (Corporate Loans, Bonds, Structured Products, Equities).
  • Intermediate to Advanced Excel Skills are required (Macros, Formulas, Pivot Tables).
  • Knowledge of programming languages (such as Visual Basic) and an understanding of relational database concepts (including SQL) are beneficial.


Skills / Qualifications:

- Strong IT Skills specifically excel

- Excellent written and oral communication skills

- Ability to communicate efficiently to peers and senior colleagues of the CLO business

- Organized, detail oriented and extremely thorough with strong problem-solving skills and -demonstrated ability to take initiative

- Dedicated approach to issue resolution

- Ability to recognize individual and team objectives and goals

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work pilot

BlackRock's current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on what's important to you. In line with local health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place for others. Our "One BlackRock" culture means you'll be supported to collaborate with your new colleagues while bringing your full self to work - wherever you are.

The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
Job ID  R222695
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