Job Description
The CLO team is looking for an experienced associate to assist with the origination, structuring, and execution of CLO warehouses and CLO transactions with Santander clients. The candidate will participate in the full lifecycle of deals, from origination and warehouses to structuring, syndication, and closing. The candidate should have strong communication skills and the ability to work in a dynamic environment that requires multi-tasking, high attention to detail, and close collaboration with internal teams, external constituents, and external clients. The CLO team is part of the Securitized Products Trading Desk, and the associate will have constant opportunities to interact and learn from senior team members in continuously changing and fast-paced setting.
Responsibilities :
- Support the origination, structuring, and execution of CLO warehouses and of CLO new issue, reset, and refinancing transactions
- Structure and model CLO transactions using Excel, Intex, and Rating Agency software
- Build and run CLO cash flow models and produce transaction analysis used for investor marketing, transaction execution, and rating agency analysis
- Analyze CLO collateral loan portfolios including computing key metrics to help guide transaction marketing and structuring
- Support the preparation of materials required in all aspects of CLO transactions including warehouse termsheets, internal credit memos, deal marketing materials, and manager and transaction pitch books
- Coordinate transaction execution timelines and deliverables through coordination with CLO managers, internal and external legal counsel, CLO Syndicate, and Rating Agencies
- Assist in the monitoring of CLO warehouse activity including asset approvals, fundings, and reconciliations
- Continue to expand structuring expertise while also starting to build market presence and client relationships that will ultimately be critical in origination of CLO transactions
Required Skills :
- Prior experience in CLO structuring/banking (strongly preferred) or in a related role with direct exposure to CLOs
- Extensive exposure to CLO documents, Intex, and CLO Rating Agency models
- Strong quantitative and/or technical skills
- Proficiency in Microsoft Excel, PowerPoint, and Word
- Certifications: SIE, Serie 7 and 63
What Else You Need To Know:The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
What Else You Need To Know:The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
Base Pay Range:Minimum:
$175,000.00 USD
Maximum:
$225,000.00 USD
We Value Your Impact:Your contribution matters and it's recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com)
Risk Culture:We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.
What To Do Next :If this sounds like a role you are interested in, then please apply.
We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at [redacted] to discuss your needs.
