Asset Administration Trust Associate

Western Alliance Bancorp
Houston
Workplace: OnsiteFull timeFunction: Administration & Executive AssistanceExperience: 3+ yearsEducation: bachelorsSkills: ["High independence","Process improvement","Risk awareness","Reconciliation","Training and development"]

Monitor and maintain corporate trust assets that serve as collateral for CLOs and leverage finance facilities, working independently to ensure accurate asset records. Process transactions with higher complexity, maintain and reconcile an asset database by working with counterparties on discrepancies. Interpret loan notices and credit agreements, research global discrepancies, and support client service teams by delivering accurate asset data. Train junior team members and partner with technology teams to improve processes and manage risk.

Loading

Loading job details...

Preparing the role view and application actions.

FursaFursa
Western Alliance Bancorp
Western Alliance Bancorp
1 day ago

Asset Administration Trust Associate

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 7 hours agoStatus: Live

Job Summary

Monitor and maintain corporate trust assets that serve as collateral for CLOs and leverage finance facilities, working independently to ensure accurate asset records. Process transactions with higher complexity, maintain and reconcile an asset database by working with counterparties on discrepancies. Interpret loan notices and credit agreements, research global discrepancies, and support client service teams by delivering accurate asset data. Train junior team members and partner with technology teams to improve processes and manage risk.
Location: Houston
Workplace: Onsite
Employment Type: Full time
Job Function: Administration & Executive Assistance
Seniority: Mid level

Key Responsibilities

  • •Actively monitor and maintain corporate trust assets used as collateral in CLOs or leverage finance facilities with a high level of independence.
  • •Maintain the asset database by processing transactions, resolving discrepancies with counterparties, and ensuring asset data accuracy.
  • •Read and interpret agent bank loan notices and credit agreements to process activity and update loan characteristics.
  • •Perform reconciliations (trades, asset characteristics, internal accounts) and research global data discrepancies with documentation.
  • •Train and develop junior team members and partner with technology support teams to improve process flows and efficiencies; raise and help mitigate risks.

Pay and Benefits

Equity and Bonus:Equity
Perks:Health InsuranceDental401kTime OffTuition AssistanceWellness Stipend

Key Requirements

  • •Bachelor’s degree in a related field is preferred, or an equivalent combination of education and experience.
  • •3+ years of related experience, preferably including experience with syndicated loans, financial assets, or paying agency.
  • •Experience monitoring and maintaining corporate trust assets with high independence.
  • •Preferred: Solvas experience.
  • •Ability to interpret agent bank loan notices and credit agreements to update and verify loan characteristics.
Experience:3+ yearsFinancial servicesSyndicated loansCorporate trustCLOsLeveraged finance
Education:Bachelor's
Skills:High independenceProcess improvementRisk awarenessReconciliationTraining and development
Tech Stack:Solvas

Company Brief

Western Alliance Bancorp
Bank holding company that provides commercial banking, mortgage banking, treasury management, and specialized financial services through its Western Alliance Bank subsidiaries. Serves businesses, real estate clients, and consumers across the United States.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Phoenix, United States
Founded: 1994
WebsiteLinkedIn