Analyst, Collateralized Loan Obligations

Our Company

Oaktree is a leader among global investment managers specializing in alternative investments, with more than $220 billion in assets under management. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. The firm has more than 1,400 employees and offices in more than 25 cities worldwide.

We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.

The Singapore fund affiliate office is responsible for the management, administration and compliant operation of Singapore companies which are invested in by Oaktree funds for investments in the APAC region.

For additional information, please visit Oaktree’s website at Oaktree Capital Management

As Oaktree expands its management of Collateralized Loan Obligations (CLOs), we are seeking an individual to fulfill a middle office function to support the growth in our CLO business. 

Responsibilities

•    Utilize Excel and other software to monitor all CLO parameters including Collateral Quality, Concentration, Coverage, LTV ratios, and the Priority of Payments
•    Work closely with the Trustee/CLO Administrator to reconcile and approve Monthly/Distribution/Effective Date/Warehouse Reports
•    Coordinate the asset approval process among accounting, compliance, portfolio management, and underwriter
•    Model hypothetical pre/post-trade analytics to understand compliance test impacts; work with portfolio management to manage, if necessary, the portfolio back within guidelines by highlighting and making recommendations related to breaches
•    Interpret Indenture language and nuances of existing and new CLOs, including the impact on investment parameters
•    Work closely with technology department to extract data elements and construct logic to properly monitor CLOs
•    Participate in the research, design, and creation of new or ad-hoc reports, as needed, to assist compliance, portfolio management and marketing with the launch, monitoring, management or marketing of existing and anticipated CLOs
•    Serve as a subject matter expert and resource to portfolio managers, marketing, and compliance teams
•    Support all aspects of current CLOs that are resetting with new capital structures; including, stress-testing, debugging, and resolving all coding issues, and creating model/hypothetical portfolios  
•    Enhance and evolve Oaktree’s monitoring and reporting process 
•    Create and gather CLO statistics, default and recovery rates, and other data for investor requests

Experience Required

•    5+ years’ experience, with a minimum of three years’ experience working for a CLO Manager or CLO Trustee/Administrator in a compliance, middle office, and/or monitoring capacity
•    Proficiency in Excel/coding in CDO Suite or other similar CLO software 
•    Knowledge of fixed/floating rate instruments, specifically senior secured loans
•    Knowledge of CLO Indentures, the mechanics related to launching and monitoring new/existing warehouses/CLOs, and reconciling monthly CLO Trustee Reports and quarterly Distribution Reports•    Knowledge of routine compliance rules/requirements such as CLO eligibility, Collateral Quality, Concentration, Coverage tests and the Priority of Payments/Waterfall
•    Proficiency in different reporting perspectives:  region/country breakdown, industry breakdown, maturity distributions, credit quality ratings (and notching rules related to CLOs)
•    Ability to work with multiple, internal teams such as accounting, compliance, data management, marketing, technology, and portfolio management
•    Experience managing and manipulating large amounts of data in Microsoft Excel. 
•    Experience with Bloomberg, WSO/CDO Suite, Sky Road, S&P and Moody’s is highly desirable, but not necessary

Personal Attributes

• Self-starter with a proven ability to take initiative, ownership and solve problems independently

• Team-oriented with strong integrity and

• An ability to handle highly confidential situations with professionalism and tact

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service,  marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment.

This policy applies to all Oaktree applicants, employees, clients, and contractors.

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.

For positions based in Los Angeles

For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.