CLO Fund Oversight - Analyst/Associate (m|f|x) London

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.  Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive

Our investment professionals thrive in a culture that pushes them to question the status quo, overdeliver for clients, and work together to shape the future of the industry. At BlackRock, you’ll forge meaningful relationships within your team and across the firm – expanding your network as you tackle complex challenges with a collaborative approach, integrated research and risk management. In an environment that feels welcoming and inclusive, you’ll discover opportunities to hone your skills, develop new expertise, gain mentorship, and build the investment career you envision.

Sitting within the CLO PMG team, the successful candidate will provide operational oversight for the growing BlackRock managed European CLO platform (‘BECLO’) and 3rd party Tranche CLO Investing businesses.

This is a highly visible role with the candidate working closely with portfolio managers and multiple internal and external parties so the ability to communicate effectively and succinctly is a must. The candidate will ideally have between 1-3 years' experience within CLO/Securitised products, will have a keen eye for detail, a tenacious can-do attitude, who can multitask, prioritise and problem solve across a broad set of responsibilities.

Aufgaben

• Coordinating daily fund cash management and initiating retention vehicle and warehouse capital calls, working closely with portfolio managers and Loan settlements teams
• Coordinate the daily oversight and production of asset, position, cash and attribute reconciliations. Managing internal operations and external administrators. Assist in further optimising and automating existing processes where possible.
• Manage distribution and record keeping for retention vehicle board and investment committee approvals
• Shadow and sign off CLO Trustee Monthly/Quarterly Investor & ESMA Regulatory reports
• Translate Indentures to create and maintain inhouse bespoke compliance Models and oversee the daily/weekly delivery of CLO KPI & compliance metrics (Coverage ratios, PPT’s CQT’s, MVOCS)
• Assist PMs in running hypothetical (What-if) trading analysis, set up CLO cusips, raise trade orders and support/resolve related ad hoc request
• Working closely with and act as the liaison between the Portfolio Management Group (PMG) and the various internal and external business partners (Operations, Legal & Compliance, Product strategy, RQA, Audit, Trustees etc)
• Assist in Warehouse and CLO closings, the onboarding of new funds. Review of deal documentation, compliance rule coding and flow of funds tie outs with arranging banks and Trustees
• Manage the appointment and ongoing relationships with key service providers (Trustee, Issuer and Fund Accountants)
• Provide portfolio analytics including warehouse return projections, historical return, portfolio composition KPI’s, and assist in providing relative value reports
• Attend and eventually contribute to Investor/RQA’s due diligence meetings, industry conferences, and weekly Risk meetings

Profil / Ihre Qualifikation / Ihre Persönlichkeit:

• Degree or equivalent qualification desired
• Previous experience of CLO portfolio administration with knowledge of the mechanics of a CLO an advantage (gained either at a Corporate Trust or a Collateral Manager)
• Knowledge of Loan/Bond administration
• Fund onboarding experience
• Experience reviewing Fund Prospectus and Deeds preferred
• Excellent excel skills (Array formulas & VBA an advantage).
• SQL query writing an advantage
• Ability to communicate effectively and concisely to all levels of the business and Investors

Kontakt

Simone Montasem

HR Business Partner BlackRock covering Germany, Austria, Switzerland, Netherlands, Denmark and Sweden

Sonika Shah

Associate HR Business Partner

Standort

12 Throgmorton Avenue, UK-EC2N 2DL London