CLO Portfolio Management Associate

We are partnering with a $60B+ AUM Credit fund in need of a CLO Portfolio Associate for their New York headquarters. This firm is known for its 25-year track record of outperformance in credit markets, our client is a titan in the credit universe.

This role is a critical hire within their Structured Products team, offering direct exposure to senior Portfolio Managers and the Trading Desk. You will play a pivotal role in the optimization of both U.S. and European CLO portfolios, sitting at the intersection of quantitative analysis, market execution, and portfolio strategy.

Key Responsibilities

• Portfolio Optimization: Partner with PMs and the Trading Desk to construct and propose trade optimizations for US/EUR CLO portfolios to enhance relative value and improve structural metrics.
• Performance Monitoring: Actively monitor collateral composition, coverage tests (OC/IC), and structural triggers. Run all hypothetical trades and synthesize results for senior leadership.
• Collateral Analysis: Identify and analyze daily changes in collateral pools, including loan trading activity, rating migrations, and default/recovery scenarios.
• Deal Lifecycle Management: Assist in new issue launches, warehouses, restructurings, and refinancing transactions. Track warehouse ramping progress for upcoming deals.
• Stakeholder Liaison: Serve as the central point of contact between Trading, Legal, Middle Office, and Technology to ensure deal integrity, compliance with investment guidelines, and data accuracy.
• Investor Relations: Support the IR team by responding to complex investor inquiries and producing detailed portfolio performance analytics.
• Strategic Support: Monitor fund-level liquidity and proactively propose capital calls as necessary.

Candidate Profile

The Ideal Professional: You are likely currently working at a top-tier CLO manager, a rating agency, a Big 4 accounting firm, or a specialized valuation shop. You possess a "proactive" mindset and thrive in the high-pressure environment of a leading investment floor.

Requirements:

• Experience: 2–4 years of experience specifically within structured credit, CLO analytics, or leveraged loan analytics.
• Knowledge Base: Deep understanding of CLO documentation, indenture tests, and structural waterfalls. Knowledge of underlying corporate credit ratings is strongly preferred.
• Analytical Rigor: Strong quantitative skills with the ability to analyze portfolio-level metrics and collateral performance.
• Software: Proficiency in Intex and Bloomberg is highly preferred.
• Programming (Plus): Experience with Python, VBA, or SQL is a significant advantage for automating workflows and data analysis.
• Bachelor’s degree in Finance, Economics, Mathematics, or a related quantitative field.