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Wilmington Trust

Wealth management and institutional trust services

GCM Client Administrator 2 - Collateralized Loan Obligation

BookkeepingConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • A bachelor's degree and at least one year of relevant work experience involving direct client contact, or a combined minimum of four years of higher education and/or work experience, including at least one year of relevant work experience involving direct client contact, in lieu of a degree.
  • A strong focus on customer service and satisfaction.
  • Excellent verbal and written communication skills.

Responsibilities

  • Support the Relationship Manager with oversight of client relationships.
  • Perform daily cash application and position reconciliation.
  • Perform daily and monthly tie-outs of underlying loan characteristics.
  • Liaise with auditors, underwriters, CLO managers, private debt managers, and other parties involved.
  • Assist with global asset setup and maintenance.
  • Perform trade and wire processing for daily trading activity.
  • Strategize, recommend, and implement ideas to improve daily workflows.
  • Gain exposure across the loan-client servicing lifecycle, including account setup, Know Your Customer procedures, global asset setup and maintenance, notice processing, warehouse reporting, CLO and compliance reporting, and waterfall payments.
  • Understand and adhere to company risk and regulatory standards, policies, and controls in accordance with the company’s Risk Appetite; identify risk-related issues requiring escalation to management.
  • Promote an environment that supports diversity and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points and applicable issues raised by external regulators.
  • Complete other related duties as assigned.

Desired Qualifications

  • A bachelor’s degree in Finance, Business, Economics, or Accounting.
  • High proficiency in Microsoft Office and SQL.
  • Strong organizational skills and attention to detail.
  • Strong interpersonal and analytical skills, balancing qualitative and quantitative skills.
  • Ability to work as part of a team and contribute individually.
  • Familiarity with loan products, including bilateral asset-based lending facilities, separately managed accounts, private funds, middle-market and broadly syndicated loan collateralized loan obligations, and business development companies.
  • Professional work experience at a collateralized loan obligation trustee, loan agent or bank, middle-office provider, or collateralized loan obligation manager.
  • Experience with ClearPar, Solvas/CDO Suite, SEI, Wall Street Office, or LoanIQ.

About the Company

Wilmington Trust

Wealth management and institutional trust services

Wilmington Trust provides wealth management and institutional services for high-net-worth individuals, families, foundations, and other institutions, charging fees for advisory and fiduciary work. Its offerings include investment management, financial planning, fiduciary and trust services, family-office support, estate planning, corporate trust, retirement plan services, and custody arrangements. The company differentiates itself by focusing on high-net-worth clients and institutions with a broad, integrated set of fiduciary, custody, and family-office capabilities under one umbrella, backed by its parent, M&T Bank. Its goal is to help clients grow and protect wealth, plan legacies, and meet ongoing fiduciary and retirement needs with trusted, fee-based guidance and administration.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Wilmington, DE
Founded
1901

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