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BNY

Safeguards and moves assets for investors

Vice President - Client Operations, CLO Reporting

Finance & BankingConfirmed live in the last 24 hours
Full-timePittsburgh, PA, USA$69k - $140kIn-person

About the Job

Requirements

  • A bachelor's degree or the equivalent combination of education and experience is required.
  • Seven to ten years of total work experience is preferred.
  • Prior experience in an analytical role, such as financial modeling, valuation models, or data analytics.
  • Proficiency in Visual Basic for Applications or SQL is valuable.

Responsibilities

  • Own and run portfolio compliance and waterfall models, and deliver a quality first draft to the Client Service Manager. Run the CLO compliance and waterfall models and prepare draft periodic reports according to timelines agreed between Client Service Managers and rating agencies.
  • Liaise directly with clients to agree on test results, including discussion and agreement on inputs and parameters that affect tests.
  • Resolve basic modeling issues identified during the reporting cycle; involve the Analytics team for significant model changes.
  • Collaborate with Position Services to resolve exceptional or complex data issues.
  • Coordinate communication and tasks between Position Servicing and the Client Service Manager.
  • Analyze and incorporate client and auditor feedback related to models and test results.
  • Provide guidance to more junior analysts and ensure the accuracy and quality of own work and assigned project team members' work.

Desired Qualifications

  • Experience in quantitative finance and technology.
  • Experience in collateralized loan obligations, structured finance, or fixed-income reporting.

About the Company

BNY

Safeguards and moves assets for investors

BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1784

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