Monroe Capital is seeking an experienced Vice President to join its CLO Operations and Compliance Group. This group handles several functions within Monroe, including (1) CLO and warehouse document review (2) CLO Investor Reporting (3) Cash management (4) CLO and debt facility compliance and (5) Analytics and reporting. This role will be expected to contribute to all five of these functions with an emphasis on compliance, analytics and reporting. The ideal candidate will be able to immediately contribute to the operational and compliance functions required to properly manage various Collateralized Loan Obligation portfolios. This includes interpreting CLO Indentures and warehouse agreements, understanding of Rating Agency (Moody’s, S&P and Fitch) criteria, and modeling new CLO or warehouse waterfalls and covenant requirements. Previous experience in loan operations or administration a plus.

Job Responsibilities:

• Monitor daily fund performance and communicate any potential compliance breaches to Head of CLO Compliance
• Model out new waterfall and covenant requirements for warehouses and CLOs, as well as other ad-hoc modeling projects
• Liaise with trustees and custodians to complete monthly reports and quarterly payments in a timely manner
• Research and compile data for ad hoc investor requests 
• Assist Head of CLO Compliance with monitoring of all public and private ratings and ensure private rating requirements of each CLO has been met
• Manage data flow from CLO portfolios into portfolio management software

• Bachelor’s Degree in Finance or Accounting, or directly related work experience
• 7 to 10 years of experience in CLO operations and compliance, buy-side experience preferred, but candidates with a background as a trustee or administrator will also be considered

Preferred Skills/Experience:

• Knowledge of and experience in reading and interpreting CLO Indentures is required
• Excellent Organizational skills
• Ability to manage multiple tasks, projects and deadlines well
• Excellent interpersonal, verbal and written communication skills
• Knowledge of Microsoft Office with strong understanding of Modeling in Excel
• Knowledge of CDO Sentry and/or Wall Street Office products a plus
• Knowledge of Borrowing Bases, and/or other Lender reporting a plus
• Understanding of loan operations a plus

Monroe Capital LLC
Monroe Capital LLC (“Monroe”) is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality “alpha” returns irrespective of business or economic cycles. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, Miami, Naples, New York, San Francisco, and Seoul.

Monroe has been recognized by both its peers and investors with various awards including Private Debt Investor as the 2022 Lower Mid-Market Lender of the Year, 2022 CLO Manager of the Year, Americas; Global M&A Network as the 2022 Small Mid-Markets Lender of the Year, Americas; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information and important disclaimers, please visit www.monroecap.com.

Compensation: It is expected that the base salary range for this position will be $150,000- $175,000. Actual salaries may vary based on factors such as skills, experiences and qualifications for the role. The total compensation package for this position may also include other elements and discretionary awards in addition to a full range of medical, financial and / or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an ‘at-will position’ and the Firm reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance, Firm or individual department / team performance and market factors.