Loan Administrator

Job Title: Loan/Asset Administrator (CDO/CLO Operations) Location: Chicago, IL (Hybrid – minimum 3 days onsite) Duration: 5-Month Contract Employment Type: W2 Contract Pay Rate: $17–$18 per hour Work Schedule: 8:30 AM – 5:00 PM (Central Time)Job OverviewWe are seeking a detail-oriented Loan/Asset Administrator to support structured finance operations, specifically within Collateralized Loan Obligation (CLO) and Collateralized Debt Obligation (CDO) portfolios. This role involves managing portfolio data, processing financial transactions, reconciling discrepancies, and coordinating with internal and external stakeholders to ensure accurate and timely reporting.Key ResponsibilitiesMaintain and manage daily portfolio activity within internal systems for CLO/CDO structuresSet up new portfolios, assets, and cash flow mappingsProcess and update transaction notices received from agent banks and trusteesReconcile portfolio data across multiple sources and investigate discrepanciesMonitor and resolve exceptions, including unapplied cash and past due balancesEnsure accurate and timely entry of corporate action instructionsCommunicate with external partners (e.g., agent banks, trustees) to follow up on missing payments or reportsSupport daily reporting and ensure data integrity across systemsRequired QualificationsAssociate’s or Bachelor’s degree, or equivalent work experienceStrong attention to detail and organizational skillsAbility to manage multiple tasks and meet deadlines in a fast-paced environmentBasic analytical and problem-solving skillsProficiency in Microsoft Office (especially Excel)Effective communication and interpersonal skillsPreferred QualificationsPrior experience in banking operations, loan processing, or financial servicesFamiliarity with financial instruments, loan portfolios, or capital marketsExperience with data reconciliation and exception handlingAdditional InformationThis is an excellent opportunity for candidates looking to build experience in financial operations and structured finance within a collaborative, process-driven environment.PrideGlobal and it's affiliates offers eligible employee's comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, auto, home insurance, pet insurance and employee discounts with preferred vendors.Equal Employment OpportunityPrideGlobal and it's affiliates are an equal opportunity employer. We do not discriminate on the basis of the race, religious creed, color, national origin, ancestry, physical disability, mental disability, reproductive health decision making, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, veteran or military status, or any other characteristic protected by applicable federal, state, or local law.Fair Chance EmploymentPrideGlobal and it's affiliates are a Fair Chance employer. We consider all qualified applicants, including those with criminal histories, in a manner consistent with applicable state and local Fair Chance laws and ordinances, including, the California Fair Chance Act and all applicable local Fair Chance ordinances.AccommodationsWe are committed to providing reasonable accommodations to applicants and employees with disabilities. If you require a reasonable accommodation to participate in the application or interview process, or to perform the essential functions of this role, please contact us.Only applicable for San Francisco Candidates: Under the San Francisco Lactation in the Workplace Ordinance, we will provide written notice of lactation accommodation rights, and this notice will automatically be given upon hiring, any inquiry of parental leave or lactation accommodation.