CLO & Private Credit Services – Account Administrator - NCT To Associate

Job Title: CLO & Private Credit Services – Account Administrator

Corporate Title: NCT to Associate

Location: Santa Ana, CA

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 for 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
• Relevant 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

Skills That Will Help You Excel

• Familiarity with wiring instructions, SWIFT payments a plus.
• Experience reviewing credit agreements a plus
• Strong written/verbal communication skills.
• Strong organizational skills.
• Experience with Solvas-CDOSuite, a plus

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 California is $60,000 to $110,000. 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.

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.

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.