Senior Associate

Senior Associate – (job location is New York, NY; employer is Eldridge Capital Management Services LLC) – Structure Collateralized Loan Obligations (CLOs) and Collateralized Fund Obligations (CFOs) by assessing underlying loan portfolios, running cash flow projections, and building securitization models using Intex DealMaker to optimize deal terms and capital structure.  Monitor and manage the CLO equity portfolio using Kanerai, executing reset, refinancing, or redemption as the majority equity investor to maximize portfolio performance. Collaborate with rating agencies to secure ratings for CLO and CFO tranches, rated feeders, and NAV loans, preparing detailed analysis and building deal models to support rating evaluations. Develop and analyze cash flow projections for CLO and CFO portfolios using IntexCalc, identifying discrepancies and submitting CLO Equity price challenges to ensure accurate pricing. Review trustee reports and validate payment waterfalls for CLOs and CFOs. Run IHS Markit Loan Prices analysis and net asset value analysis of CLO portfolios. Research market trends and developments in structured credit markets, recommending strategic adjustments to CLO/CFO investment and structuring approaches to mitigate risks and capitalize on opportunities. Requirements: Bachelor’s degree (US or foreign equivalent) in Business Administration, Finance, Economics, Mathematics, or a related field and one (1) year of experience in the position offered or in a related role. All of the required experience must have included experience with: CLO (Collateralized Loan Obligation) and CFO (Collateralized Fund Obligation) structuring, cash flow analysis, and securitization modeling using Intex DealMaker and IntexCalc; managing CLO equity portfolios using Kanerai; executing and analyzing CLO resets, refinancings, and redemptions; working with rating agencies on both structured credit and fund finance ratings; using Bloomberg Terminal's CLO-related functions and Bloomberg API; building models for CLOs, Rated Feeders, NAV Loans, CFOs, and CLO Warehouses; reviewing CLO Equity prices and submitting price challenges when necessary; performing IHS Markit loan pricing analysis; and reviewing trustee reports and validating payment waterfall for CLOs and CFOs. Salary: $125,000-$150,000/year. E-mail résumé to: recruiting@eldridge.com.