Job Description
Job Title: Loan/Asset Administrator (CDO/CLO Operations)
Location: Chicago, IL (Hybrid – minimum 3 days onsite)
Duration: 5-Month Contract
Employment Type: W2 Contract
Pay Rate: $17–$18 per hour
Work Schedule: 8:30 AM – 5:00 PM (Central Time)
Job Overview
We are seeking a detail-oriented Loan/Asset Administrator to support structured finance operations, specifically within Collateralized Loan Obligation (CLO) and Collateralized Debt Obligation (CDO) portfolios. This role involves managing portfolio data, processing financial transactions, reconciling discrepancies, and coordinating with internal and external stakeholders to ensure accurate and timely reporting.
Key Responsibilities
• Maintain and manage daily portfolio activity within internal systems for CLO/CDO structures
• Set up new portfolios, assets, and cash flow mappings
• Process and update transaction notices received from agent banks and trustees
• Reconcile portfolio data across multiple sources and investigate discrepancies
• Monitor and resolve exceptions, including unapplied cash and past due balances
• Ensure accurate and timely entry of corporate action instructions
• Communicate with external partners (e.g., agent banks, trustees) to follow up on missing payments or reports
• Support daily reporting and ensure data integrity across systems
Required Qualifications
• Associate’s or Bachelor’s degree, or equivalent work experience
• Strong attention to detail and organizational skills
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment
• Basic analytical and problem-solving skills
• Proficiency in Microsoft Office (especially Excel)
• Effective communication and interpersonal skills
Preferred Qualifications
• Prior experience in banking operations, loan processing, or financial services
• Familiarity with financial instruments, loan portfolios, or capital markets
• Experience with data reconciliation and exception handling
Additional Information
This is an excellent opportunity for candidates looking to build experience in financial operations and structured finance within a collaborative, process-driven environment.
PrideGlobal and it's affiliates offers eligible employee's comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, auto, home insurance, pet insurance and employee discounts with preferred vendors.
Equal Employment Opportunity
PrideGlobal and it's affiliates are an equal opportunity employer. We do not discriminate on the basis of the race, religious creed, color, national origin, ancestry, physical disability, mental disability, reproductive health decision making, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, ****** orientation, veteran or military status, or any other characteristic protected by applicable federal, state, or local law.
Fair Chance Employment
PrideGlobal and it's affiliates are a Fair Chance employer. We consider all qualified applicants, including those with criminal histories, in a manner consistent with applicable state and local Fair Chance laws and ordinances, including, the California Fair Chance Act and all applicable local Fair Chance ordinances.
Accommodations
We are committed to providing reasonable accommodations to applicants and employees with disabilities. If you require a reasonable accommodation to participate in the application or interview process, or to perform the essential functions of this role, please contact us.
Only applicable for San Francisco Candidates: Under the San Francisco Lactation in the Workplace Ordinance, we will provide written notice of lactation accommodation rights, and this notice will automatically be given upon hiring, any inquiry of parental leave or lactation accommodation.
Location: Chicago, IL (Hybrid – minimum 3 days onsite)
Duration: 5-Month Contract
Employment Type: W2 Contract
Pay Rate: $17–$18 per hour
Work Schedule: 8:30 AM – 5:00 PM (Central Time)
Job Overview
We are seeking a detail-oriented Loan/Asset Administrator to support structured finance operations, specifically within Collateralized Loan Obligation (CLO) and Collateralized Debt Obligation (CDO) portfolios. This role involves managing portfolio data, processing financial transactions, reconciling discrepancies, and coordinating with internal and external stakeholders to ensure accurate and timely reporting.
Key Responsibilities
• Maintain and manage daily portfolio activity within internal systems for CLO/CDO structures
• Set up new portfolios, assets, and cash flow mappings
• Process and update transaction notices received from agent banks and trustees
• Reconcile portfolio data across multiple sources and investigate discrepancies
• Monitor and resolve exceptions, including unapplied cash and past due balances
• Ensure accurate and timely entry of corporate action instructions
• Communicate with external partners (e.g., agent banks, trustees) to follow up on missing payments or reports
• Support daily reporting and ensure data integrity across systems
Required Qualifications
• Associate’s or Bachelor’s degree, or equivalent work experience
• Strong attention to detail and organizational skills
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment
• Basic analytical and problem-solving skills
• Proficiency in Microsoft Office (especially Excel)
• Effective communication and interpersonal skills
Preferred Qualifications
• Prior experience in banking operations, loan processing, or financial services
• Familiarity with financial instruments, loan portfolios, or capital markets
• Experience with data reconciliation and exception handling
Additional Information
This is an excellent opportunity for candidates looking to build experience in financial operations and structured finance within a collaborative, process-driven environment.
PrideGlobal and it's affiliates offers eligible employee's comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, auto, home insurance, pet insurance and employee discounts with preferred vendors.
Equal Employment Opportunity
PrideGlobal and it's affiliates are an equal opportunity employer. We do not discriminate on the basis of the race, religious creed, color, national origin, ancestry, physical disability, mental disability, reproductive health decision making, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, ****** orientation, veteran or military status, or any other characteristic protected by applicable federal, state, or local law.
Fair Chance Employment
PrideGlobal and it's affiliates are a Fair Chance employer. We consider all qualified applicants, including those with criminal histories, in a manner consistent with applicable state and local Fair Chance laws and ordinances, including, the California Fair Chance Act and all applicable local Fair Chance ordinances.
Accommodations
We are committed to providing reasonable accommodations to applicants and employees with disabilities. If you require a reasonable accommodation to participate in the application or interview process, or to perform the essential functions of this role, please contact us.
Only applicable for San Francisco Candidates: Under the San Francisco Lactation in the Workplace Ordinance, we will provide written notice of lactation accommodation rights, and this notice will automatically be given upon hiring, any inquiry of parental leave or lactation accommodation.
💡 Quick Summary
Seeking a career-building opportunity? The Loan Administrator position is now open for candidates interested in the Back Office Jobs sector. This role in Chicago offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Back Office Jobs is a plus.
