Alcentra CLO Admin Specialist

Your responsibilities

Responsibilities include but are not limited to:

Daily Verifications

• checking of individual portfolio par and cash changes to ensure deal values are correct for start of day operations. Liaising with backoffice and internal teams to resolve any discrepancies as a priority

• validation of rating changes at issuer and asset level for Moody’s, S&P and Fitch

• monitoring and validation of spreads and other asset attribute changes, or missing information

• monitoring of CLO compliance test results in the Order Management System (OMS)

Investor Reporting

• preparation of monthly CLO investor reports, working directly with the CLO Trustee to tie-out par, cash and test results – Coverage, Collateral Quality and Portfolio Profile Tests

• population of report checklists in preparation for report review and sign off

• delivery of report commentary to Trustee

• maintenance of internal deal calendar and report tracker to track report due dates and progress to timely report publication

Data Integrity

• review and resolve past due receivables, cash discrepancies and unapplied wires

• aged trade reviews

• monitoring of corporate actions and asset restructurings; working with the Front Office, Backoffice and Custodial teams to ensure they are processed accurately and timely.

Deal Management and Support

• assist in the preparation and issuance of CLO warehouse drawdown requests

• review of deal documentation including Offering Memorandums

• assist with regulatory reporting and audits.

• tracking of deal expenses and liaison with service providers

• providing support for London colleagues including the calculation and provision of portfolio statistics, ad-hoc reporting and general requests

• participate in initiatives and projects related to the growth and improvement of the CLO platform and the wider business.

Our requirements

What we offer

What is the team responsible for?

Alcentra is a leading, global asset management firm specializing in the sub-investment grade debt markets, with assets under management of approximately $35 billion. We are experts in credit management, private credit, and structured credit strategies. Alcentra employs over 160 people globally and has an investment track record that dates back to 2002. Our investors include pension funds, insurance companies, government agencies, banks, wealth managers and high net worth individuals.

Alcentra is owned by Franklin Templeton, one of the world’s largest independent investment managers, and is headquartered in London, with offices in New York, Boston, Tokyo and Hong Kong.

The open position is within the CLO Administration Team, which is part of Alcentra’s wider, London-based Global Operations Team. The Global Operations Team provides the middle office functions for Alcentra’s investment business and includes CLO Administration, Fund Control, Liquidity Management, Closed-Ended and Direct Lending Administration teams. The CLO Administration Team are responsible for servicing Alcentra’s growing European CLO platform; a prestigious book of business which currently comprises fifteen deals with combined AUM of over €5bn.

The successful applicant will work in this high-achieving team that strives to deliver best-in-class service in everything that they do, with a specific focus on efficiency and value-add to the business The team currently consists of 4 London-based CLO operations professionals and is supported by a small offshore team.

The successful applicant will work in this high-achieving team that strives to deliver best-in-class service in everything that they do, with a specific focus on efficiency and value-add to the business The team currently consists of 4 London-based CLO operations professionals and is supported by a small offshore team.