Loan / Asset Administrator

  • Location
    Chicago, Boston, Or Houston, Illinois
  • Category
    Loan / Mortgage
  • Job reference:
    US_EN_5_849161_2203445
  • Job type
    Contract/Temp to Hire

Accounting Principals is supporting a Fortune 500 bank in their search for a CDO Loan / Asset Administrator.  Our client is looking for a high-performing, hard-working self-starter seeking long-term career potential in the banking industry.  This is a Temp-to-Perm position that is remote for now, but candidates must be local (Chicago, Boston, or Houston) to work in a hybrid capacity (3 days in office, 2 days remote) after return to office.

Nature of the Role: The CDO Loan / Asset Administrator will be responsible for monitoring and maintaining pools of bank loans that act as collateral for Collateralized Debt Obligations (CDOs) and Collateralized Loan Obligations (CLOs).  This is a critical role which other departments – Deal Administration, Analytics, and Relationship Management – rely heavily on to process interest payments, principal payments, fees, borrowings, and new payment information.

Minimum Qualifications

  • Associates or Bachelor’s degree in Business Administration (or equivalent work experience)
  • Minimum of 6 months of experience in accounting, financial transactions, and customer service.
  • Must understand the concept of Collateralized Debt Obligations (CDOs).
  • Must be able to legally work in the U.S. for any employer in the U.S. without sponsorship.
  • Ideal Candidate / Preferred Skills or Experience

  • Previous reconciliation and/or bank loan administration experience
  • Ability to research and correct payment and data discrepancies
  • Compensation

  • $ 21.42 per hour
  • Accounting Principals (a brand under The Adecco Group, NA) offers one of the most comprehensive benefits package in the industry to contract workers
  • Employment Type:

  • Currently remote with a return to office at a later date on a Hybrid schedule (3 days in office, 2 days remote).  Candidate should be local to Chicago, Boston, or Houston.
  • Temp-to-Perm 
  • Fulltime, 40 hours/week, Monday-Friday
  • If you are looking for an opportunity to break into the banking industry, apply online today or send your resume to judy.williams@accountingprincipals.com!

     

     



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