At a Glance
- Tasks: Support CLO transactions from closing to operations and manage day-to-day workflows.
- Company: Join a growing credit fund with a strong track record in structured credit.
- Benefits: Gain hands-on experience and contribute to meaningful infrastructure projects.
- Why this job: Be part of a dynamic team, enhancing your skills in a fast-paced environment.
- Qualifications: 1-3 years in CLO operations/analytics; familiarity with LMA/LSTA conventions is a plus.
- Other info: Ideal for those seeking more exposure in the buy side or CLO analytics.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Attribution Search are supporting an established and expanding credit fund with a strong track record across structured credit, including CLOs and loan strategies in their search for a CLO Operations Associate to support their next phase of growth.
This role offers hands-on involvement across the full lifecycle of CLO transactions—from deal closing to operations—and the opportunity to contribute meaningfully to infrastructure build-out and onboarding of new PMs.
Key Responsibilities
- Support the Head of CLO on transaction closings, ongoing operations, and future fund launches
- Oversee day-to-day workflows with outsourced loan servicing providers, ensuring delivery against SLAs
- Provide shadow oversight of loan trade activity and settlements, ensuring accuracy and adherence to LMA/LSTA standards
- Maintain strong working relationships with Trustees, Fund Administrators, and legal counsel
- Manage cash across CLO warehouses and closed-ended funds
- Assist with the preparation of fund documentation, KYC/AML, and due diligence materials
- Monitor and implement market events and ensure system integrity
- Oversee the timely and accurate completion of investor reports in partnership with trustees
- Support front office and PMs with test trading and execution oversight
- Maintain and improve operational controls, risk frameworks, and trade connectivity/STP
- Support CLO waterfall modelling and investor distribution processes
To be considered applicants must have 1-3 years solid experience in CLO operations/analytics, ideally from an asset manager or bank. Familiarity with LMA/LSTA trade conventions and structured credit infrastructure is desired and candidates must understand the warehouse process and product in detail. The role would suit someone currently working in a similar position on the buy side looking to gain more exposure or an individual in a CLO Analytics, Account management or Client services seat at a trustee or investment bank.
CLO Operations Associate employer: Attribution Search
Contact Detail:
Attribution Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land CLO Operations Associate
✨Tip Number 1
Network with professionals in the CLO operations space. Attend industry events or webinars where you can meet people who work in asset management or investment banks. Building these connections can provide valuable insights and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with LMA/LSTA trade conventions and structured credit infrastructure. Consider taking online courses or certifications that focus on these areas, as this knowledge will be crucial in demonstrating your expertise during interviews.
✨Tip Number 3
Prepare to discuss specific examples from your previous experience that highlight your understanding of the CLO lifecycle and operational processes. Being able to articulate your hands-on involvement in similar roles will set you apart from other candidates.
✨Tip Number 4
Stay updated on market trends and recent developments in the CLO space. This will not only help you in interviews but also show your genuine interest in the role and the industry, making you a more attractive candidate.
We think you need these skills to ace CLO Operations Associate
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a CLO Operations Associate. Familiarise yourself with terms like CLO transactions, SLAs, and LMA/LSTA standards to demonstrate your knowledge in your application.
Tailor Your CV: Highlight your relevant experience in CLO operations or analytics. Be specific about your previous roles, focusing on your hands-on involvement in transaction closings, operational workflows, and any relationships you've managed with trustees or fund administrators.
Craft a Compelling Cover Letter: Use your cover letter to explain why you're a great fit for this role. Mention your familiarity with structured credit infrastructure and how your background aligns with the key responsibilities outlined in the job description.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter. Ensure there are no typos or grammatical errors, as attention to detail is crucial in this field. A polished application reflects your professionalism and commitment.
How to prepare for a job interview at Attribution Search
✨Know Your CLO Fundamentals
Make sure you have a solid understanding of CLO operations and analytics. Brush up on LMA/LSTA trade conventions and the warehouse process, as these are crucial for the role. Being able to discuss these topics confidently will show your expertise.
✨Demonstrate Your Analytical Skills
Prepare to showcase your analytical abilities during the interview. Be ready to discuss past experiences where you've successfully managed data or improved operational processes. This will highlight your capability to contribute to the infrastructure build-out.
✨Build Rapport with Stakeholders
Since the role involves maintaining relationships with Trustees, Fund Administrators, and legal counsel, think of examples where you've effectively collaborated with various stakeholders. This will demonstrate your interpersonal skills and ability to work in a team.
✨Prepare Questions About Future Growth
Show your interest in the company's future by preparing thoughtful questions about their upcoming fund launches and growth strategies. This not only reflects your enthusiasm but also your long-term vision for contributing to the team.