Private Investment Operations Portfolio Associate, CLOs

Responsibilities

• Manage all operational aspects of launching and closing CLO warehouses, including funding requests, asset transfers, and coordinating closings with trustees and clients.
• Analyze and interpret CLO indentures to validate compliance testing and ensure regulatory adherence.
• Perform detailed reconciliations of CLO portfolio cash, holdings, and asset attributes to the CLO trustee.
• Support CLO accounting activities, including monitoring expense invoices, calculating management/trustee fees, and analyzing waterfalls and cash flow distributions.
• Prepare client reports and respond to inquiries from investment managers and clients in a timely manner.
• Drive process improvements through automation and identify opportunities for operational efficiency.
• Mentor and oversee junior Portfolio Analysts in their execution of CLO responsibilities.

Requirements

• Bachelor's Degree in Accounting, Finance, Economics, or a related discipline.
• 3+ years of practical experience in CLO asset classes and Custodial/Trustee service requirements.
• Extensive experience with the operational processes involved in launching and closing CLO warehouses.
• Proven experience preparing accurate and timely reports, analyses, and presentations for management and clients.
• Advanced proficiency in Microsoft Office Suite, specifically Excel, Word, and PowerPoint.
• Strong organizational, communication, and critical thinking skills.

Preferred Qualifications

• Knowledge of WSO systems (Administrator, Reporting, Compliance, Integration Utility).
• Experience with S&P Global platforms (Markit Pricing, Notice Manager, ADFlow).
• Familiarity with BlackRock’s Aladdin tool.
• Proficiency in data analysis or automation tools such as Python, Power BI, or JIRA.
• Experience with syndicated bank loan LSTA trade and settlement documentation and the Clearpar Platform.
• Progress toward an advanced degree or industry designation such as CFA or CPA.

Benefits

• Competitive salary and annual bonus program.
• Medical, dental, and vision coverage.
• 401k with $2 for $1 matching, up to a maximum of 12% of eligible compensation.
• Tuition and professional certification reimbursement.
• Paid parental leave and adoption assistance.
• Paid time off for holidays, vacation, and volunteering.

About the Company

PPM America, Inc. (PPM) is a US-based institutional asset manager dedicated to helping clients achieve long-term value goals. Established in 1990, PPM maintains a team-based culture characterized by transparency, collaboration, and a commitment to excellence. We provide investment solutions across various markets, including fixed income, private equity, and commercial real estate.