CLO Structuring, Associate

SantanderMadison, WisconsinOn-siteFull-timeNew grad, 0–1 yearsListed 6 hours ago

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About this role

CLO Structuring, Associate

Country: United States of America

It Starts Here:

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible.  This is more than a strategic shift.  It’s a chance for driven professionals to grow, learn, and make a real difference.

If you are interested in exploring the possibilities We Want to Talk to You!

Job Description

The CLO team is looking for an experienced associate to assist with the origination, structuring, and execution of CLO warehouses and CLO transactions with Santander clients. The candidate will participate in the full lifecycle of deals, from origination and warehouses to structuring, syndication, and closing.  The candidate should have strong communication skills and the ability to work in a dynamic environment that requires multi-tasking, high attention to detail, and close collaboration with internal teams, external constituents, and external clients. The CLO team is part of the Securitized Products Trading Desk, and the associate will have constant opportunities to interact and learn from senior team members in continuously changing and fast-paced setting.

Responsibilities :

- Support the origination, structuring, and execution of CLO warehouses and of CLO new issue, reset, and refinancing transactions
- Structure and model CLO transactions using Excel, Intex, and Rating Agency software
- Build and run CLO cash flow models and produce transaction analysis used for investor marketing, transaction execution, and rating agency analysis
- Analyze CLO collateral loan portfolios including computing key metrics to help guide transaction marketing and structuring
- Support the preparation of materials required in all aspects of CLO transactions including warehouse termsheets, internal credit memos, deal marketing materials, and manager and transaction pitch books
- Coordinate transaction execution timelines and deliverables through coordination with CLO managers, internal and external legal counsel, CLO Syndicate, and Rating Agencies
- Assist in the monitoring of CLO warehouse activity including asset approvals, fundings, and reconciliations
- Continue to expand structuring expertise while also starting to build market presence and client relationships that will ultimately be critical in origination of CLO transactions

Required Skills :

- Prior experience in CLO structuring/banking (strongly preferred) or in a related role with direct exposure to CLOs
- Extensive exposure to CLO documents, Intex, and CLO Rating Agency models
- Strong quantitative and/or technical skills
- Proficiency in Microsoft Excel, PowerPoint, and Word
- Certifications: SIE, Serie 7 and 63

EEO Statements: At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply.

Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions: Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

Employer Rights: This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.

What Else You Need To Know:

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

What Else You Need To Know:

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Base Pay Range:

Minimum:
$175,000.00 USD
Maximum:
$225,000.00 USD

We Value Your Impact:

Your contribution matters and it’s recognized.  You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers.  Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com)

Risk Culture:

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement:

At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions:

Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

Employer Rights:

This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.

What To Do Next :

If this sounds like a role you are interested in, then please apply.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at [email protected] to discuss your needs.