Global CLO Trade Administrator
About this role
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive. Try new things, learn new skills and discover what you excel at—all from Day One.
As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other.
We actively uphold transparent and fair hiring practices that support individual opportunity, inclusive culture, and career mobility across all levels of our organisation.
We offer meaningful opportunities for growth, a culture of inclusion, and a strong commitment to transparency and integrity in everything we do.
Job Description
Title / Grade: Global CLO Trade Administrator
Business:
Global Corporate Trust – CLO Deal Administration
Responsibilities
- Trade Processing & Oversight
- Review and process pending trades received via STP, user driven trade loaders and manual trade inputs.
- Investigate and resolve STP failures, liaising with internal stakeholders and clients as needed.
- Manage trade intake templates and ensure accurate trade data ingestion into CDO Suite
- Client & Stakeholder Engagement
- Provide feedback to clients on trade output formatting and data quality issues.
- Collaborate with CLO Deal Admin, Analytics, and Client Management teams to streamline trade workflows.
- Support client onboarding and transitions to STP processes.
- Reconciliation & Reporting
- Monitor and reconcile pending trades using end user computing (EUC) tools and applications.
- Maintain accurate records of trade statuses and contribute to daily cash file accuracy.
- Prepare and distribute reports on STP failures, failed trades, and break resolution metrics.
- Process Improvement & Governance
- Participate in UAT testing for system enhancements related to pending trades.
- Contribute to the development of SOPs, SLAs, and internal controls.
- Support audit and compliance reviews by maintaining robust documentation and audit trails.
- Required Skills & Experience:
- 2–5 years of experience in trade operations, loan administration, or financial services.
- Familiarity with CLO structures, bank loans, and bond trade processing.
- Experience with portfolio administration platforms such as CDO Suite.
- Strong analytical and problem-solving skills, particularly in exception management.
- Excellent communication skills and stakeholder management experience.
- Proficiency in Excel and exposure to workflow tools or dashboards is advantageous.
- Location expectations
- This role requires working from a U.S. Bank location three (3) or more days per week.