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New York Life Insurance Company · 12 hours ago

Bank Loan Operations (CLO Operations)

New York, NY

Full-time

Hybrid

Mid, Senior Level

$105K/yr - $135K/yr

5+ years exp

New York Life Insurance Company is seeking a high-performing Senior Associate to join the Bank Loan & CLO Operations team. This role involves overseeing the full servicing of syndicated bank loans and driving automation and efficiency across various systems while mentoring junior team members.

FinanceFinancial ServicesInsurance

H1B Sponsor Likely

Responsibilities

CLO Operations subject matter expert overseeing the full servicing of syndicated bank loans—trade capture, lifecycle events and rollovers, security master maintenance, corporate actions, and monthly reporting—across Wall Street Office (WSO) and Aladdin

Oversee daily control processes for leveraged loans and CLOs, ensuring accurate cash, position, and trade reconciliations with Trustees and Agent Banks

Review and validate monthly trustee CLO Investor reports and compliance data before final approval by the Trading Desk

Lead CLO warehouse activities: manage borrowings, pre-close checks, post-close reconciliations, and trustee/system tie-outs

Drive process improvements via automation and AI initiatives; define business requirements and collaborate with IT teams

Mentor junior staff on CLO mechanics, reconciliations, and operational controls; promote team development and accountability

Represent CLO Operations in department-wide initiatives including system upgrades and new product implementations

Qualification

CLO operations expertiseCLO reconciliationsBlackRock AladdinWall Street OfficeMicrosoft OfficeTechnical skillsAnalytical skillsLeadership qualitiesCommunication skillsOrganizational skills

Required

BA/BS in Business Administration / Finance concentration preferred

Minimum of 5 years of hands-on experience in CLO or leveraged loan operations within an investment management firm

Proven expertise with CLO reconciliations and Compliance tests /reporting, understanding CLO Indentures, and trustee coordination

Excellent oral and written communication skills

High competence level with Microsoft Office tools required

Strong Technical and Analytical skills required

Proficient at documenting procedures, as well as systems specifications and test plans

Strong leadership qualities with experience leading process initiatives

Excellent communication, analytical, and organizational skills

Preferred

Experience with BlackRock's Aladdin, Wall Street Office, and ClearPar is a plus

Benefits

Leave programs

Adoption assistance

Student loan repayment programs

Company

New York Life Insurance Company

For over 180 years, we’ve helped turn your biggest dreams into milestones that last a lifetime.

Founded in 1845

New York, New York, USA

10001+ employees

https://www.newyorklife.com/

H1B Sponsorship

New York Life Insurance Company has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (149)

2024 (99)

2023 (85)

2022 (77)

2021 (48)

2020 (65)