What are the responsibilities and job description for the CLO Reporting & Analytics Manager, Senior Debt position at Audax Group?
Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco, and London. Since its founding in 1999, the firm has raised over $40 billion in capital across its Private Equity and Private Debt businesses. With more than 400 employees and approximately 180 investment professionals, the firm is a leading capital partner for North American middle market companies. For more information, visit the Audax Group website www.audaxgroup.com.
POSITION SUMMARY :
This role is responsible for the reporting and analytics functions within the Senior Debt CLO business. This includes reviewing trustee reporting and quarterly waterfall payments as well as calculating monthly income accruals and valuations for the individual CLOs.
RESPONSIBILITIES :
- Identify, implement, and upkeep CLO compliance module based upon governing CLO documents
- Create and maintain investment level mock / model CLO portfolio with corresponding compliance tests and statistics
- Reconcile and approve monthly and quarterly CLO Trustee reports for transmission to investors
- Forecast quarterly distribution waterfalls and coordinate the approval of the CLO trustee's calculation with external audit
- Review waterfall and note valuation files to ensure payment accuracy
- Coordinate with trustee to roll liability interest rates after each payment date
- Provide ad hoc support and data confirmation for trustee and middle office as needed
- Monitor WSO back-office cash reconciliation process
- Track CLO related expenses and work with Accounts Payable to ensure timely payment
- Assist Investor relations team for any CLO related inquiries
- Maintain status of all CLO transfers by working with Operations team, WSO, and Trustees
- Communicate all CLO deliverables timeline to the broader Finance and Operations group and ensure project deadlines are met
- Collaborate with CLO Trustee to ensure highest level of service
- Design the framework for new reporting requests and contribute to build out of new reports
COMPETENCIES :
REQUIREMENTS / QUALIFICATIONS :
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice.
Audax Management Co. is an equal opportunity employer.
Please note that Audax Group and its affiliated entities do not accept unsolicited resumes from a third-party recruiting agency not currently under a signed agreement. Any unsolicited resume that is sent to directly to Audax Group or one of its affiliated entities, or its employees, including those submitted to hiring managers by a third-party recruiting agency not currently under a signed agreement, will be considered property of Audax Group. If a third-party recruiting agency submits a resume without an agreement, Audax Group or its affiliated entities explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the third-party recruiting agency. Any third-party recruiting agency should contact either a member of the Talent Acquisition or Human Resource team at Audax Group, in conjunction with a valid, fully executed contract for service based upon a specific job opening.
