Wilmington Trust · 9 hours ago
Relationship Manager IV - Private Debt & CLO
Wilmington, DE
Full-time
Remote
Senior Level
$122K/yr - $203K/yr
7+ years exp
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Responsibilities
Responsible for acting as single point of contact for key client relationships
Collaborate with operations and analytics teams to meet client objectives and deliverables
Collaborate with Business Development/Sales to secure new client mandates
Ability to interpret CLO indentures, credit agreements and various other structured finance documentation
Responsible for managing client onboarding including account opening process, KYC procedures and documentation review
Ability to calculate and verify compliance testing and waterfall calculations
Perform and interpret hypothetical trade testing
Perform monthly and quarterly reconciliations for required reporting including CLOs, SMAs and Borrowing Base Facilities
Liaise with auditors, underwriters, CLO managers, investors, private debt managers and various other parties involved
Exposure across entire lifecycle of servicing loan clients including account setup, KYC procedures, global asset setup & maintenance, notice processing, warehouse reporting, CLO / Compliance Reporting & waterfall payments
Understanding and adhering to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
Promoting an environment that supports diversity and reflects the M&T Bank brand.
Maintaining M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
Completing other related duties as assigned.
Qualification
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Required
Combined minimum of 7 years higher education and/or work experience
Advanced Microsoft Office Skills
Strong analytical and problem-solving skills
Excellent written and verbal communication skills for both an internal and external audience
Ability to thrive in an entrepreneurial, fast-paced growth environment
Ability to work independently and collaboratively across the organization
Preferred
Bachelor’s degree focused on Finance, Business, Economics or Accounting and a minimum of 7 years’ relevant work experience with direct client contact
Exceptional organizational skills with an attention to detail
Excellent interpersonal and analytical skills with a strong balance of qualitative and quantitative skills
Demonstrated ability to work as part of a team, as well as contribute on an individual basis
Familiarity with various loan products – Bi-Lateral ABL Facilities, SMAs, Private Funds, MM & BSL CLOs, Business Development Companies
Professional work experience at CLO Trustee, Loan Agent/Bank, Middle Office Provider or CLO Manager
System / Application experience - Clearpar, Solvas/CDO Suite, SEI, Wall Street Office, LoanIQ
Benefits
Full medical & dental benefits, Heath Savings & Flexible Spending Accounts, and life/disability insurance
Generous paid time off (PTO) plus 11 paid holidays and an option to buy additional PTO
401(k) match at 5% with options for Roth and discretionary employer contributions
A deep commitment to equity, including 14 resource group charters, a D&I sponsorship program, 40 annual paid volunteer hours and more
Various options for tuition assistance, paid parental leave, stock purchase, wellness and employee discounts
Company
Wilmington Trust
Wilmington Trust is a financial institution that has wealth advisory for institutions and corporations.
1,001-5,000 employees
Funding
Current Stage
Late StageLeadership Team
F
Farukh Khan
Chief Technology Officer and Group Vice President
David Knecht
Senior Vice President
Recent News
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2024-10-24
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