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CLO Senior Transaction Manager

Role overview

Qualifications

  • Bachelor's degree or equivalent work experience
  • At least seven (7) years of relevant experience

Responsibilities

  • Provide highly complex support to an assigned group of the largest trustee clients with the most complex needs
  • Negotiate transaction documents and close transactions for which UMB Bank is being appointed as trustee, collateral administrator, calculation agent, and similar Corporate Trust capacities
  • Work extensively with external counsel representing UMB on these transactions to negotiate documents and resolve issues through closing
  • Review legal and transaction documents to ensure operational mechanics and UMB Bank protections are appropriate

Key facts

Other skills

  • Negotiation
  • Teamwork
  • Communication

About the company

UMB Financial Corporation logo

UMB Financial Corporation

Financial Services

UMB Financial Corporation is a leading provider of financial services for individuals and institutions. Bank deposit products provided by UMB Bank n.a., Member FDIC. Equal Housing Lender. For additional disclosures and information, view our Privacy Statement and Legal Terms and Conditions found on www.umb.com.

Company details

Company typeLarge
IndustryFinancial Services
Company size1001 - 5000

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Job description

Join our UMB CLO Administration team, where we serve as trustee and collateral administrator on Collateralized Loan Obligations (CLOs) and related structured credit transactions. As a Senior Transaction Manager, you will own the negotiation, closing, and ongoing administration of these deals for a portfolio of our largest and most complex clients.

This role reports directly to the SVP and Head of CLO Administration. 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.

How you’ll spend your time:

  • You will provide highly complex support to an assigned group of the largest trustee clients with the most complex needs.
  • You will negotiate transaction documents and close transactions for which UMB Bank is being appointed as trustee, collateral administrator, calculation agent, and similar Corporate Trust capacities.
  • You will work extensively with external counsel representing UMB on these transactions to negotiate documents and resolve issues through closing.
  • You will review legal and transaction documents to ensure operational mechanics and UMB Bank protections are appropriate.
  • You will liaise internally with operations, compliance, corporate trust legal and other internal support groups to ensure duties and obligations set forth in legal documents and operational mechanics conform with UMB systems requirements, controls, and policies.

We’re excited to talk with you if:

  • You possess a Bachelor's degree or equivalent work experience.
  • You have at least seven (7) years of relevant experience.

Compensation Ranges:

US Employees in California, Washington DC, New Jersey, and New York:

$83,810 - $131,550

US Employees in Colorado, Connecticut, Delaware, Illinois, Massachusetts, Maryland, Minnesota, Pennsylvania, Rhode Island, Texas, Washington, and Wisconsin:

$76,520 - $120,210

US Employees in all other states not listed above:

$69,230 - $109,120

The posted compensation range on this listing represents UMB’s good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. Please see the description of benefits included with this job posting for additional information.

UMB offers competitive and varied benefits to eligible associates, such as 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; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Are you ready to be part of something more?
You're more than a means to an endβ€”a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.


UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com to let us know the nature of your request.


If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.


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