[Remote] Compliance Modeling Analyst - CLO

Note: The job is a remote job and is open to candidates in USA. UMB Bank is a financial institution seeking a Compliance Modeling Analyst to join their CLO Compliance & Analytics Team. The role involves developing, reviewing, and stress testing compliance models for Collateralized Loan Obligations (CLOs) to ensure quality standards are met, while collaborating with various stakeholders and maintaining operational efficiency.

Responsibilities

• Join our UMB CLO Compliance & Analytics Team, where we handle critical financial modeling, reviewing, and stress testing of compliance models for Collateralized Loan Obligations (CLOs) and related transactions
• As a Compliance Modeling Analyst, you’ll ensure our models are meticulously developed, reviewed, and tested in alignment with transaction documentations to maintain top-tier quality standards
• You will work closely with the VP of Analytics & Strategic Initiatives
• 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
• Model Development & Review: Develop and review financial models for CLO’s and related transactions, interpreting transaction requirements, including, but not limited to: Rating Derivations, Recovery Rates, Concentration Limitations, Collateral Quality, Overcollateralization Tests, Interest Coverage Tests and Waterfall (Priority of Payments)
• Configuration & Testing: Configure models based on documentation specifications, rigorously stress test them, and address feedback to align with team standards
• Workflow & Automation: Maintain automated processes that streamline functionality, enhancing operational efficiency and performance
• Stakeholder Collaboration: Partner with the Relationship Managers to ensure the modeling & resulting data match client expectations
• Project Reporting: Build templates that generate the monthly compliance and quarterly waterfall reports based on transaction modeling
• Deal Maintenance: Provide continuous maintenance and support of both deal modeling and reporting for the full transaction lifecycle
• Communication: Identify and communicate any potential gaps with current system and processes and develop requirements for modeling updates
• Ad-Hoc Reporting: Support CLO Operations by providing as needed reporting in support of CLO Business Solutions and Fund Accounting

Skills

• Strong understanding of Collateralized Loan Obligations (CLOs), legal documentation, data structures, waterfall mechanics and deal cash flow models
• Ability to navigate complex datasets and make informed decisions using critical thinking
• Exceptional verbal and written communication, with a client-oriented approach
• Bachelors degree in Accounting, Finance, Mathematics or a related discipline
• 3+ years in CLO, CDO, or other structured finance transaction experience
• Experience with Solvas Compliance & Priority of Payments (PoP)
• Experience with SSRS and PowerBi Reporting
• Proven skills with: SQL/ Python/Visual Basic
• Relevant professional certifications

Benefits

• 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
• Various associate banking benefits

Company Overview

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