Companies you'll love to work for

Position Type :

Full time

Type Of Hire :

Experienced (relevant combo of work and education)

Education Desired :

Bachelor of Business Administration

About the Team

Virtus, part of FIS Client Office, provides collateral administration services along with middle-office support for global asset managers. Our platform delivers a fully automated front-to-back office infrastructure, combining advanced technology with expert operational support.

Our European team plays a critical role in servicing a rapidly expanding client base, delivering daily, weekly, and monthly reporting and ensuring operational excellence across complex CLO transactions.

What You Will Be Doing

• Cash Flow & Reconciliation: Prepare daily cash flow reports and reconcile fund transactions, cash, and investment activity for multiple CLO portfolios, ensuring accuracy and timeliness

• Trade & Settlement Management: Enter and monitor pending trade orders; manage and process bond and loan settlements, liaising closely with operations teams and trade counterparties

• Pre-Trade Analysis: Execute pre-trade simulations for portfolio managers by adding proposed trades to existing portfolios and calculating impacts on coverage, collateral quality, and concentration tests

• Compliance Monitoring: Perform daily compliance checks against CLO indenture requirements; validate portfolio data and produce monthly compliance reports under strict deadlines

• Waterfall & Distribution Support: Assist with raising cash for distributions and ensure accurate execution of waterfall calculations

• Operational Tasks: Enter check/wire requests and maintain strong relationships with trust managers, financial partners, and global asset managers

• Work independently with minimal supervision, proactively resolving issues and escalating when necessary

Exposure Across the CLO Lifecycle

In this role, you will gain end-to-end exposure to all segments of the CLO lifecycle, including:

• Warehouse stage – supporting initial portfolio ramp-up and trade execution

• Deal closing – assisting with settlement, documentation, and compliance setup

• Post-reinvestment period – managing ongoing reporting, compliance, and portfolio optimization

• Reset and refinancing stages – coordinating amendments, waterfall recalculations, and investor reporting

• Maturity and redemption – handling final portfolio wind-down, redemption processes, and closing reconciliations

What You Bring

• Up to 5 years of experience in financial services, ideally in structured credit or CLO operations

• Bachelor’s degree in Economics, Finance, Business, or Organizational Sciences, or equivalent experience

• Knowledge of corporate debt, syndicated loans, and CLO structures is a strong plus

• Advanced Excel skills and proficiency in Microsoft Office

• Strong organizational and communication skills, with the ability to multi-task in a fast-paced environment

• Effective communication with technical and non-technical stakeholders

Why Join Virtus?

• Be part of a specialized team supporting global CLO managers

• Gain exposure to complex structured finance products and cutting-edge technology

• Enjoy a collaborative environment with opportunities for career growth and development

What We Offer You:

• A work environment built on collaboration, flexibility and respect

• Competitive salary and attractive range of benefits designed to help support your lifestyle and wellbeing (including private healthcare, 27 days of vacation, work from home - 2 days a week, etc.)

• Varied and challenging work to help you grow your technical skillset

Ready to start your journey with us?

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

#pridepass