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Business Analyst CLO
Business Analyst CLOUMB Bank • Costa Mesa, California, USA
Business Analyst CLO

Business Analyst CLO

UMB Bank • Costa Mesa, California, USA
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Duties & Responsibilities

This role will provide support of day-to-day operational / client service activities while effectively monitoring internal controls within the specialty corporate trust team focused on the CLO addition this role will work along senior management and technical staff to identify business solutions for improvements to business processes policies and systems.

  • Organize and oversee team testing methodology for test scripts and appropriate full-cycle testing (unit integration system and QA).
  • Resolve the most complex administrative issues and provide support to all levels of client staff.
  • Operate independently to service the largest clients and resolve the most complex issues.
  • Provide day-to-day support to existing CLO accounts including billing for administrative fees recommending fee increases facilitating transaction closing handling cash and investment transactions monitoring cash activities and compliance items providing debt service calculations executing payment generation and follow-up.
  • Responsible for accurate / timely setup or delegation of issues on all systems preparation of accounts for compliance review and responding appropriately to compliance exceptions.
  • Review legal documents to ensure operational mechanics are appropriate.
  • Assist operational group to ensure cash processing and procedures fit within any new products the team onboards.
  • Develop and lead trainings related to CLO products and services.
  • Actively participate as a subject matter expert for ongoing projects and system testing.
  • Be involved in leading the development and implementation of more efficient processes.
  • Participate in cross-training to learn other specialty corporate trust roles and provide support as needed.
  • Provide indirect management of junior associates.
  • Document business requirements.
  • Validate production implementation.
  • Other duties as assigned.

Knowledge & Skills

MINIMUM :

  • Demonstrates deep understanding of corporate bank loans.
  • Experience working with various structures of bank debt including CLOs Interval Funds ABLs and Private Debt.
  • Demonstrates deep understanding of full trade cycle including settlements closings loan administration and loan agency.
  • Demonstrates strong client relationship management skills.
  • Demonstrates ability to provide positive client experience through a variety of methods including associate engagement technology workflows and processing.
  • Demonstrates ability to manage multiple projects and timelines.
  • Demonstrates exceptional written and verbal communication skills with attention to detail.
  • Demonstrates strong operational knowledge of general corporate trust processes and procedures.
  • PREFERRED :

  • Advanced MS Excel skills.
  • Fundamental understanding of credit products and markets.
  • Requirements

    MINIMUM :

  • Bachelors degree or equivalent work experience
  • Eight (8) or more years relevant experience in the CLO industry
  • PREFERRED :

  • Certified Corporate Trust Specialist (CCTS) or Corporate Trust Master Certification (CTMC)
  • Work Environment :

    Typical office environment. Potential for minimal travel.

    Supervision / Management :

    No direct management responsibilities.

    Compensation Range :

    $83810.00 - $179300.00

    The posted compensation range on this listing represents UMBs standard for this role but the actual compensation may vary by geographic location experience level and other job-related addition this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information.

    UMB offers competitive and varied benefits to eligible associates such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical dental vision and other insurance coverage; health savings flexible spending and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

    Are you ready to be part of something more

    Youre more than a means to an enda way to help us meet the bottom line. UMB isnt comprised of workers but of people who care about their work one another and their community. Expect more than the status quo. At UMB you can expect more heart. Youll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing no matter what. And expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

    UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race color religion sex (including gender pregnancy sexual orientation and gender identity) national origin age disability military service veteran status genetic information or any other status protected by applicable federal state or local law. If you need accommodation for any part of the employment process because of a disability please send an e-mail to to let us know the nature of your request.

    If you are a California resident please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.

    Required Experience :

    IC

    Key Skills

    SQL,Agile,Business Analysis,Visio,Waterfall,Business Process Modeling,Requirements Gathering,User Acceptance Testing,Business requirements,SDLC,Systems Analysis,Data Analysis Skills

    Employment Type : Full-Time

    Experience : years

    Vacancy : 1

    Monthly Salary Salary : 83810 - 179300

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    Analyst • Costa Mesa, California, USA

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