Job Description:
The Sr. Analyst, CLO Investment Services will assist with migrating the operational model for the Grand Harbour CLO business into Fidelity's broader CLO operating infrastructure. Specifically, the Senior Analyst will be assigned to a minimum of three live CLOs and will have responsibility for the daily monitoring of CLO compliance test results, regular review/updates of security reference data, monthly Trustee Report review/approval and quarterly waterfall distribution review/approval. In addition, the Senior Analyst will be required to have in-depth understanding of the indenture language for their assigned CLOs, support reset(s), refinancing(s) and liquidation(s) of their assigned CLOs and provide other ongoing operational and administrative support. Further, the Senior Analyst will be deeply involved with the testing, implementation and utilization of new technologies that will result in more efficient compliance test calculations, data reconciliation and waterfall creation.
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The position requires close interaction with portfolio managers, traders, legal, compliance, investment services, third party trustees, underwriters and Fidelity's Investment Operations teams.
The Expertise and Skills You Bring:
- BA / BS degree required, advanced degree a plus. Major or concentration in legal, finance, business administration, or accounting preferred but not required.
- Minimum of 4 to 6 years of financial services experience, with preference towards prior experience with leveraged loan/CLO operations.
- Solid understanding of the US leveraged loan market and structured finance transactions.
- Prior experience with leveraged loan/CLO operations and trustee reporting.
- Working knowledge of Virtus or Wall Street Office, familiarity with Rating Agencies (Moody's, S&P, Fitch).
- Experience with credit agreements, term sheets, indentures and other security offering documents.
- Ability to monitor daily CLO compliance results to ensure adherence to indenture guidelines.
- Ability to unwind/review CLO compliance results to ensure accuracy.
- Interact with Trustee to communicate hypothetical trades and assess impact to compliance results.
- Work with external vendors to build, implement and test compliance modules for each new CLO.
- Oversight of Trustee reporting for the Grand Harbour CLOs.
- Strong Microsoft Excel skills and excellent interpersonal skills.
- Ability to work independently while integrating seamlessly with other members of the Investment & Investment Services teams.
- Reliable, self-starter, highly detail oriented, well-organized and able to manage several priorities and deadlines.
Certifications:
Category:
Investment Operations
Fidelity's hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.
Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.