At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description

The Collateralized Loan Obligation (CLO) Reporting Consultant II is primarily responsible for Bank Loan and Allstate Investment Management Company (AIMCO) trade settlement, report generation, analysis, and validation, as well as the AIMCO monthly/payment reports and post-payment date reporting.

This role is also responsible for ensuring Collateralized Loan Obligation (CLO) calculations are accurate. It is critical for the CLO Reporting Consultant II keeps constant lines of communication open with various internal and external groups in regards to trade settlement status.

Key Responsibilities:

• Daily trade support for Bank Loans (BLS) and AIMCO – confirm and allocate all trades on Clear Par, trade enrichment in Trade Capture, coordinate all legal documents between Front Office, Trustee, Legal, and the Clear Water team (data quality/compliance/timeliness key)
• Work closely with Pricing Group & vendor to ensure all assets have current pricing
• Maintain accuracy of Security Master data between Clear Water and Aladdin and investigate and resolve issues as they arise
• Ensure/validate and research data accuracy for both new and established assets in Wall Street Office (WSO) and their downstream systems
• Conduct analysis and use independent judgement to determine if CLO calculations are accurate
• Prepare AIMCO Determination Date reports and coordinate, analyze, investigate, and independently resolve monthly discrepancies in timely manner with trustee
• Interpret reporting rules to create, maintain, and analyze daily/weekly/monthly reports looking for and analyzing trends and deliver them to Front Office, Legal and Upper Management

Preferred Experience:

• 2 or more years of experience
• Working knowledge of Bank Loans, CLOs, and syndicated loan products
• Experience supporting the trade lifecycle (confirmation, allocation, settlement)
• Hands-on use of Clear Par, Clearwater Analytics, Aladdin, and Wall Street Office (WSO) or similar platforms
• Strong data analysis and reconciliation skills with high attention to accuracy and timeliness
• Ability to research, analyze, and independently resolve data and pricing discrepancies
• Proficiency in Excel for reconciliations, reporting, and trend analysis
• Effective communication skills to coordinate across Front Office, Legal, Trustees, and Operations
• Prior experience in an investment operations or Middle Office environment is a plus

Skills

Analytical Thinking, Bank Loan, Bank Products, Collateralized Debt Obligations, Finance, Investments, Reporting

Compensation

Compensation offered for this role is 68,500.00 - 115,600.00 annually and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation.

Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.

Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

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To view the “EEO Know Your Rights” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs.

To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.

It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.