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CDO Portfolio Administrator

Jobs via Dice
Chicago, IL Full Time
POSTED ON 12/30/2025
AVAILABLE BEFORE 1/30/2026
Dice is the leading career destination for tech experts at every stage of their careers. Our client, Russell, Tobin & Associates, is seeking the following. Apply via Dice today!

Job Description - CDO Portfolio Administrator

Max Rate: $19.27 - $40.21

Schedule: 8:30 AM - 5:00 PM CST

Work Setup: Hybrid - 3 days in office (candidate chooses which days)

Location: Chicago, IL 60603

Note: No onsite parking available. Candidates must secure parking or use public transit.

Possible Conversion: Yes

Interview Process:

  • 1-2 rounds
  • Interviewers: Malia Baynes 1-2 additional managers
  • Microsoft Teams interviews
  • Camera required

Top 3 Required Skills

  • 1-2 years of experience with CLO, CDO, or structured finance
  • Intermediate Excel skills (SUMIF, VLOOKUP, etc.)
  • Experience with cash reconciliation and portfolio data review

Role Summary

The CLO Middle Office team supports and monitors CLO portfolios on behalf of the Collateral Manager. The CDO Portfolio Administrator is responsible for reconciling cash projections and par holdings with the Trustee and for identifying, researching, and resolving discrepancies on a daily basis.

Required Education: Bachelor s degree (Business preferred)

Key Responsibilities

  • Perform daily cash reconciliation
  • Collaborate with the Bank Loan Closing team
  • Investigate cash, par balance, and collateral value discrepancies
  • Provide clients with daily cash reporting
  • Complete monthly investor report cash and par tie-outs
  • Ensure high accuracy and proper booking of account activity
  • Track asset attributes such as accruals, ratings, industry codes, and more
  • Settle bond and bank loan trades and invest excess cash as directed by the Portfolio Manager
  • Prepare daily reports and assist analysts with investor reporting

Technical Skills

Must Have

  • Ability to create and understand basic Excel formulas (SUMIF, VLOOKUP, etc.)
  • Strong navigation and comprehension of Excel functions

Nice to Have

  • Familiarity with CDOS or similar bank loan custody reporting systems

CDOs are structured finance vehicles that issue debt and equity instruments, using proceeds to purchase collateral such as syndicated bank loans, corporate bonds, ABS, MBS, and mezzanine debt. Responsibilities include trade settlement, booking cash activity, tracking asset attributes, and ensuring 100% accuracy and timeliness of reconciliation activities.

Pride Global offers eligible employee's comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, auto, home insurance, pet insurance and employee discounts with preferred vendors.

#RTA

Salary : $19 - $40

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