Join our UMB CLO Administration team, where we serve as trustee and collateral administrator on Collateralized Loan Obligations (CLOs) and related structured credit transactions. As a Senior Transaction Manager, you will own the negotiation, closing, and ongoing administration of these deals for a portfolio of our largest and most complex clients.
This role reports directly to the SVP and Head of CLO Administration. While an in-person position at UMB's Orange County, CA office is strongly preferred, the role is open to remote applicants with the expectation of periodic travel.
How you'll spend your time: - You will provide highly complex support to an assigned group of the largest trustee clients with the most complex needs.
- You will negotiate transaction documents and close transactions for which UMB Bank is being appointed as trustee, collateral administrator, calculation agent, and similar Corporate Trust capacities.
- You will work extensively with external counsel representing UMB on these transactions to negotiate documents and resolve issues through closing.
- You will review legal and transaction documents to ensure operational mechanics and UMB Bank protections are appropriate.
- You will liaise internally with operations, compliance, corporate trust legal and other internal support groups to ensure duties and obligations set forth in legal documents and operational mechanics conform with UMB systems requirements, controls, and policies.
We're excited to talk with you if: - You possess a Bachelor's degree or equivalent work experience.
- You have at least seven (7) years of relevant experience.
Compensation Ranges:US Employees in California, Washington DC, New Jersey, and New York:
$83,810 - $131,550
US Employees in Colorado, Connecticut, Delaware, Illinois, Massachusetts, Maryland, Minnesota, Pennsylvania, Rhode Island, Texas, Washington, and Wisconsin:
$76,520 - $120,210
US Employees in all other states not listed above:
$69,230 - $109,120
The posted compensation range on this listing represents UMB's good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. Please see the description of benefits included with this job posting for additional information.
UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
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