Fund Finance CLO Operations

Founded in 1992, Cerberus is a global leader in alternative investing with approximately $65 billion in assets across complementary credit, private equity, and real estate strategies. We invest across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. For more information about our people and platforms, visit us at

Overview
Cerberus Business Finance ("CBF") is a leading agent, direct lender, and originator of senior secured loans for large U.S. middle-market companies. With over $30 billion of investment capacity, including more than $25 billion of assets under management, CBF primarily provides financing solutions to private equity-sponsored companies in a wide variety of industries. Since its founding in 1995, CBF has completed loan transactions with over 1,000 borrowers and more than 295 private equity-sponsored clients, with the majority on a repeat basis.

Headquartered in New York with additional offices in Los Angeles, San Francisco, Miami, Dallas, and Chicago, CBF has approximately 88 dedicated investment and staff professionals, including fund finance, accounting and control, loan servicing, and legal personnel. Additionally, CBF benefits from synergies derived from of the broader Cerberus platform including: (i) the operating and technology professionals from Cerberus Operations and Advisory Company and Cerberus Technology Solution affiliates; (ii) robust industry experience and expertise; and (iii) new business cross-referrals from Cerberus' investment platforms.

Job Description
Analyst/Associate – Fund Finance Group will be a member of the Cerberus Business Finance (CBF) team which manages the Direct Lending/Private Credit Platform at Cerberus. Responsibilities include but are not limited to the following:

• Participate in ramping and day-to-day management of private credit CLOs, ABL Facilities and Subscription Lines
• Assist with negotiating legal documents such as Credit Agreements, Indentures, and Loan and Servicing Agreements.
• Model CLO and leverage facility portfolios utilizing Microsoft Excel.
• Lead the CLO warehouse launch, daily deliverables, closing warehouse into a CLO and its ongoing life cycle from the Middle Office Operations perspective.
• Coordinate responses to investors meetings and due diligence questionnaires.
• Proactively monitor leverage facilities by running hypothetical scenarios, communicating the results of such analyses in a clear and concise manner to senior management.
• Monitor the reconciliation of cash flows and positions for your assigned leverage facility SPVs.
• Project and reconcile monthly/quarterly waterfall payment calculations with trustees.
• Project cash flows to ensure upcoming funding obligations are met; suggest capital calls/distributions when needed, while ensuring debt is utilized subject to the leverage profiles of each fund.
• Reconcile internal data with third party trustees, custodians and prime brokers and ensure accuracy of monthly investor reporting.
• Work with external Auditors to ensure the required AUP procedures and reports are completed as required per underlying SPV documentation.
• Produce various internal and external ad-hoc reporting for senior management.
• Interface with various internal groups including but not limited to treasury, operations, accounting, financial reporting, legal, and loan credit officers.
• Take ownership of existing internal projects focused on process improvements and identify potential new projects.
• Create process flows for current processes, to identify potential synergies and improve efficiencies.

Required

• 3-5 years of professional experience in Structured Finance, CLOs or Leveraged Loans.
• Minimum Required Education: Bachelors in Business/Finance/Mathematics.
• Strong technical skills, including Advanced Microsoft Excel, Word and PowerPoint. Experience with VBA, Python and SQL is a plus.
• Experience with Wall Street Office, Intex and BlackMountain Systems preferred
• Strong interpersonal and communication skills.
• Comfortable with taking full ownership of the various responsibilities assigned to you without the need for constant oversight.
• Experience with finding ways to improve processes to make them less manual and more efficient.
• Comfort with reading and interpreting CLO Indentures and Credit Agreements for other Leveraged borrowing facilities.

Desired

• Experience with SQL, VBA, Python or other programing languages highly desirable.
• Experience with Wall Street Office, Black Mountain Systems, Intex, Excel, Bloomberg and PowerBi.
• Experience with bank loans (ideally middle market).

The base salary for this position is expected to be between $130,000 and $150,000. The base salary offered to the chosen candidate will be commensurate with a candidate's relevant experience and other qualifications for the position, as determined by the Company in its sole discretion. In addition to base salary, this position is eligible for an annual discretionary bonus, which is often a meaningful portion of the compensation package,] and a robust benefits package.