CLO Fund Oversight - Analyst/Associate
CLO Fund Oversight - Analyst/Associate

CLO Fund Oversight - Analyst/Associate

Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Provide operational oversight for BlackRock's European CLO platform and collaborate with portfolio managers.
  • Company: Join BlackRock, a leader in financial well-being and innovation.
  • Benefits: Enjoy flexible time off, education reimbursement, and comprehensive health resources.
  • Why this job: Make a real impact in finance while developing your skills in a dynamic environment.
  • Qualifications: 2-3 years experience in CLO/Securitised products and strong communication skills.
  • Other info: Hybrid work model with opportunities for career growth and collaboration.

The predicted salary is between 36000 - 60000 £ per year.

About this role

The successful candidate will provide operational oversight for the BlackRock managed European CLO platform (‘BECLO’). This is a highly visible role with the candidate working closely with portfolio managers and multiple internal and external parties, so the ability to communicate effectively and succinctly is a must. The candidate will ideally have between 2‑3 years' experience within CLO/Securitised products, will have a keen eye for detail, a tenacious can‑do attitude, who can multitask, prioritise and problem solve across a broad set of responsibilities.

Skills / Experience

  • Degree or equivalent qualification desired
  • Previous experience of CLO portfolio administration with knowledge of the mechanics of a CLO an advantage (gained either at a Corporate Trust or a Collateral Manager)
  • Knowledge of Loan/Bond administration
  • Fund onboarding experience
  • Experience reviewing Fund Prospectus and Deeds preferred
  • Excellent excel skills (Array formulas & VBA an advantage)
  • SQL query writing an advantage
  • Ability to communicate effectively and concisely to all levels of the business and Investors

Key Responsibilities

  • Coordinating daily fund cash management and initiating retention vehicle and warehouse capital calls, working closely with portfolio managers and Loan settlements teams
  • Coordinate the daily oversight and production of assets, position, cash and attribute reconciliations
  • Managing internal operations and external administrators
  • Assist in further optimizing and automating existing processes where possible
  • Manage distribution and record keeping for retention vehicle board and investment committee approvals
  • Shadow and sign off CLO Trustee Monthly/Quarterly Investor & ESMA Regulatory reports
  • Translate CLO Prospectuses to create and maintain in‑house bespoke compliance Models and oversee the daily/weekly delivery of CLO KPI & compliance metrics (Coverage ratios, PPT’s CQT’s, MVOCS)
  • Assist PMs in running hypothetical (What‑if) trading analysis, set up CLO cusips, raise trade orders and support/resolve related ad‑hoc requests
  • Working closely with and act as the liaison between the Portfolio Managers and the various internal and external business partners (Operations, Legal & Compliance, Product strategy, RQA, Audit and Trustees)
  • Assist in Warehouse and CLO closings, the onboarding of new funds
  • Review of deal documentation, compliance rule coding and flow of funds tie outs with arranging banks and Trustees
  • Manage the appointment and ongoing relationships with key service providers (Trustee, Issuer and Fund Accountants)
  • Provide portfolio analytics including warehouse return projections, historical return, portfolio composition KPI’s, and assist in providing relative value reports
  • Attend and eventually contribute to Investor/RQA’s due diligence meetings, industry conferences, and weekly Risk meetings

Our Benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well‑being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our Hybrid Work Model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

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. BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.

CLO Fund Oversight - Analyst/Associate employer: LGBT Great

At BlackRock, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our CLO Fund Oversight team provides a unique opportunity for professional growth, supported by comprehensive benefits including flexible time off, education reimbursement, and resources for physical and emotional well-being. With a hybrid work model that balances in-office collaboration with remote flexibility, employees can thrive in their roles while contributing to our mission of enhancing financial well-being for clients worldwide.
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Contact Detail:

LGBT Great Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land CLO Fund Oversight - Analyst/Associate

✨Tip Number 1

Network like a pro! Reach out to people in the CLO space, attend industry events, and connect with professionals on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by brushing up on your CLO knowledge and understanding the key responsibilities of the role. Practice articulating how your experience aligns with what they’re looking for, especially around cash management and compliance metrics.

✨Tip Number 3

Showcase your problem-solving skills! Be ready to discuss specific examples where you've tackled challenges in previous roles. This will demonstrate your tenacity and ability to multitask, which are crucial for the CLO Fund Oversight position.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team at BlackRock.

We think you need these skills to ace CLO Fund Oversight - Analyst/Associate

CLO Portfolio Administration
Knowledge of CLO Mechanics
Loan/Bond Administration
Fund Onboarding Experience
Fund Prospectus Review
Excel Skills (Array Formulas & VBA)
SQL Query Writing
Effective Communication
Cash Management Coordination
Asset Reconciliation
Process Optimisation
Compliance Model Maintenance
Portfolio Analytics
Relationship Management with Service Providers
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the CLO Fund Oversight role. Highlight your relevant experience in CLO/Securitised products and any specific skills that match the job description, like Excel or SQL. We want to see how you fit into our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Keep it concise and engaging – we love a good story!

Show Off Your Communication Skills: Since effective communication is key for this role, make sure your application reflects that. Use clear and concise language, and don’t hesitate to showcase any experiences where you’ve successfully communicated complex information.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role right there!

How to prepare for a job interview at LGBT Great

✨Know Your CLO Basics

Before the interview, brush up on your knowledge of CLOs and securitised products. Be ready to discuss the mechanics of a CLO, as well as your previous experience in portfolio administration. This will show that you’re not just familiar with the terms but can also apply them practically.

✨Showcase Your Communication Skills

Since this role involves liaising with various internal and external parties, practice articulating your thoughts clearly and concisely. Consider preparing examples of how you've effectively communicated complex information in past roles, as this will demonstrate your ability to connect with different stakeholders.

✨Demonstrate Problem-Solving Abilities

Think of specific instances where you’ve successfully tackled challenges in your previous roles. Be prepared to discuss how you prioritised tasks and solved problems, especially in high-pressure situations. This will highlight your tenacious can-do attitude, which is crucial for this position.

✨Excel and SQL Skills Matter

Make sure you’re comfortable discussing your Excel skills, particularly with array formulas and VBA. If you have experience with SQL query writing, be ready to share examples of how you’ve used these skills to optimise processes or analyse data in your previous roles.

CLO Fund Oversight - Analyst/Associate
LGBT Great

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