CLO Investment Associate Manager (Hybrid)

The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.

You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.

Everything we do at Allstate is driven by a shared purpose: to protect people from life’s uncertainties so they can realize their hopes and dreams. For more than 89 years we’ve thrived by staying a step ahead of whatever’s coming next – to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We’ve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection.

We are the Good Hands. We don’t follow the trends. We set them.

Job Summary:

The CLO Investment Associate Manager is primarily responsible for Bank Loan and AIMCO trade settlement, report generation, analysis, and validation, as well as the AIMCO monthly/payment reports and post-payment date reporting. This role is also responsible for ensuring CLO compliance calculations are accurate. It is critical for the Bank Loan Support Consultant keeps constant lines of communication open with various internal and external groups in regard to trade settlement status.

This position is a hybrid role, meaning your schedule may consist of time in an office setting and time working remotely from your home. The hybrid model is intended to provide greater flexibility – and will mean something different to each team, job and employee. Office presence is driven by the nature of the work and team needs. You’ll work from home for the remainder of the time you’re not in the office. This position is eligible for a monthly connectivity reimbursement to offset the costs of internet and phone expenses.

Key Responsibilities:

• Daily trade support for Bank Loans (BLS) and AIMCO confirms and allocation of trades on ClearPar, trade enrichment in Trade Capture, coordinate all legal documents between Front Office, Trustee Banks, Legal, and the ---Bank Loan Maximis team (data quality/compliance/timeliness key).
• Read and interpret CLO indentures with regard to reporting requirements; creates technical report specifications from indenture language; performs portfolio compliance tests on a selection of structured fixed income deals (trade testing).
• Assist with the modeling of calculations onto a variety of in-house systems.
• Interpret reporting rules to create, maintain, and analyze daily/weekly/monthly reports looking for and analyzing trends and deliver them to Front Office, Legal and Upper Management.
• Prepare AIMCO Determination Date reports and coordinate, analyze, investigate, and independently resolve monthly discrepancies in timely manner with trustee.
• Conduct analysis and use independent judgement to determine if CLO calculations are accurate.
• Maintain accuracy of Security Master data between Data Warehouse and Aladdin and investigate and resolve issues as they arise.
• Support the team lead in identifying issues and working through to resolution.
• Provide training to junior level to team members, aiding them in issue resolution.

Education and Experience:

• Undergraduate degree in Finance or Accounting or relevant experience
• 2-5 years of related experience, preferably in the Investments or Financial Services industries.

Supervisory Responsibilities:

Functional Skills:

• Thorough understanding of syndicated bank loans and fixed income securities.
• Ability to identify and resolve exceptions and to interpret data.
• Knowledge of Wall Street Office (WSO), Solvas or other loan-specific software is preferred.
• Ability to perform multiple tasks and meet established deadlines in a dynamic working environment with minimal supervision.
• General working knowledge of the Investment industry, preferably CLO market.
• Intermediate experience in Microsoft Excel and Microsoft Suite skills.
• Good oral and written communication skills.
• Good collaborative skills (collaborates across teams to implement decisions in a integrated manner)
• Ability to thrive in a fast paced, diverse and dynamic work environment

Compensation offered for this role is $84,500.00-$151,000.00 per year and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

Good Hands. Greater Together. ℠

As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy. For a full description of Allstate’s benefits, visit https://www.allstate.jobs/benefits/

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Allstate generally does not sponsor individuals for employment-based visas for this position.

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