Director, CLO Investment Services

Director, Loan Investment Services

The Role

The Director, Loan Investment Services will oversee the operational model for the Ballyrock and Grand Harbour CLOs. The Director will be responsible for managing a team tasked with the accuracy of holdings and security reference data in multiple internal systems to ensure accurate indenture test results are available on a daily basis. In addition, the Director will lead the Trustee Reporting process for the Collateral Manager, ensuring accurate and timely reports are made available to investors and be responsible for the creation and approval of the quarterly waterfall distributions for all CLOs. The Director will also be required to understand the indenture language for the CLOs and provide other ongoing operational and administrative support. Further, this individual will be responsible for ensuring their team tests and utilizes new technologies that will result in more efficient compliance test calculations, data reconciliation and waterfall creation.

The position requires close interaction with portfolio managers, traders, legal, compliance, investment services, third party trustees, underwriters and Fidelity’s Investment Operations teams. 

This position may occasionally be required to travel to London and/or work London hours from the U.S.

The Expertise and Skills You Bring:

• BA / BS degree required, advanced degree a plus.   Major or concentration in legal, finance, business administration, or accounting preferred but not required.
• Minimum of 8 to 10 years of financial services experience, with preference towards prior experience with leveraged loan/CLO operations.
• Proficient in trading operations, terminology, and market mechanics
• Ability to prioritize workload and responsibilities in fast-paced environment
• Solid understanding of the US leveraged loan market and structured finance transactions.
• Working knowledge of Wall Street Office, familiarity with Rating Agencies (Moody’s, S&P, Fitch).
• Experience with credit agreements, term sheets, indentures and other security offering documents.
• Strong Microsoft Excel skills and excellent interpersonal skills.
• Ability to work independently while integrating seamlessly with other members of the Investment & Investment Services teams.
• Reliable, self-starter, highly detail oriented, well-organized and able to manage several priorities and deadlines.

Note: Fidelity is not providing immigration sponsorship for this position.

The Team

At Fidelity, we are focused on making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit Fidelitycareers.com

#FidelityAlts

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.   

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home.  These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.  Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles. Please consult with your recruiter for the specific expectations for this position.