Loan Operations Analyst -Alternative Fixed Income Asset Manager

My client is is an independent asset manager focused on European markets, with expertise across the liquidity spectrum of credit, from corporate and financial bonds, asset-backed securities to leveraged finance, private credit and specialty finance loan origination. The Firm's diverse and entrepreneurial team uses a fundamental, value based approach to identify investments within its areas of expertise.

The role offers the opportunity for the successful individual to broaden and consolidate their finance knowledge, to step up and fulfil a lead role within the CLO Operations team while developing their career in a supportive environment. The function is responsible for accurate loan setup and maintenance, coordination of loan closings, and monitoring of core CLO compliance requirements to ensure assets are managed in accordance with deal documentation.

Key responsibilities include loan administration , such as maintaining loan terms, interest rates, accruals, and payment activity; processing borrower payments, interest resets, amendments, and principal activity; and ensuring loan data is accurately reflected across internal systems and trustee records.

The role also supports loan closing activities , including coordinating with agent banks, legal counsel, trustees, and counterparties to facilitate timely and accurate settlement of new issue and secondary loan transactions. This includes reviewing closing documentation, confirming economic terms, and ensuring all required conditions are met prior to funding and settlement.

In addition, the team reviews trustee reports on a daily, monthly and quarterly basis in line with the deal documentation and agrees all aspects of the waterfalls for each CLO.

Duties and Responsibilities

CLO & Loan Administration

• • Maintain accurate loan positions, cash balances, and asset setup in loan accounting and CLO systems
  • Review and process interest rate resets, principal paydowns, prepayments, and amendments
  • Track and reconcile borrower payments, fees, and expenses
  • Support collateral substitutions, refinancings, repricing’s, and restructurings

Cash & Reconciliation

• • Perform daily and monthly reconciliations of cash, positions, and accruals
  • Investigate and resolve breaks between internal systems, custodians, and trustees
  • Ensure timely allocation of cash flows in accordance with CLO waterfalls

Loan Trade Operations

• • Process primary and secondary loan trades for CLO portfolios from trade date through settlement
  • Coordinate settlements with agent banks, custodians, brokers, and counterparties
  • Monitor delayed compensation, interest claims, and break funding
  • Resolve settlement discrepancies and aged fails

Trustee & Investor Reporting

• • Review trustee reports for accuracy of holdings, cash activity, and compliance metrics
  • Assist in responding to trustee, auditor, and investor inquiries
  • Support monthly and quarterly CLO reporting and payment cycles

Cross-Functional Collaboration

• • Partner with portfolio management, risk, and compliance teams
  • Communicate with agent banks, trustees, custodians, and legal counsel
  • Support process improvements, automation initiatives, and system enhancements

Required

• • Experience in loan operations, CLO operations, or leveraged finance
  • Working knowledge of syndicated loans and CLO structures
  • Familiarity with loan market conventions and settlement processes
  • Strong attention to detail and problem-solving skills
  • Ability to manage multiple deadlines in a fast-paced environment

Please note that due to the nature of the role successful candidates will demonstrate a proven CLO / Loan Operations background and hold full UK working rights.