Our client is seeking a Senior Controller (CLO) to oversee the financial control agenda for a newly established European CLO platform. This role is based in Jersey and involves building the financial management framework from inception as the product scales from warehouse through its inaugural issuance to a repeat issuance programme. The position requires oversight of the financial control process for the collateral management of CLOs issued by bankruptcy-remote special purpose vehicles (SPVs) in the European CLO market. You will report to the Fund Controlling Manager and work closely with the deal team and administration teams.
Job Duties:
Own the books and records of the CLO Manager and maintain member capital accounts across voting and investing member classes.
Oversee NAV, collateral valuation, and position reporting delivered by external administrators, challenging pricing, accruals, trade capture, and cut-off.
Independently verify CLO interest and principal waterfalls, including coverage tests and collateral quality tests.
Control management fee income and account for returns on retained notes, ensuring compliance with risk retention requirements.
Reconcile cash, custody, and loan-level positions across various systems including Investran and trustee records.
Prepare and review the annual financial statements and issuer-level reporting packs while managing the audit process.
Own regulatory reporting deliverables, coordinating tax reporting inputs with external advisers.
Act as finance lead on new issuance and warehouse ramp-up, building scalable controls and managing service level oversight of external service providers.
Monitor liquidity across the manager and issuers, ensuring effective cash management and expense settlement.
Lead, coach, and review junior fund controllers as the platform scales.
Job Requirements:
Qualified accountant (CPA, ACA, or ACCA) is essential.
Minimum of five years' post-qualification experience in fund accounting or financial control, particularly within alternative asset management.
Strong understanding of complex waterfall distributions and oversight of external NAV production.
Experience with regulatory reporting and familiarity with securitisation risk retention requirements.
Proficient in Investran and advanced Excel; experience with Power BI reporting is advantageous.
Excellent written and verbal English, with the ability to present financial information clearly to stakeholders.
Organised and decisive, able to manage multiple deals and deadlines effectively.
What You’ll Love:
Our client promotes an inclusive working environment that encourages professional growth and a collective effort towards success. They prioritise maintaining high standards of organisational discipline and provide opportunities for leadership and development within a fast-paced, dynamic context.
Could this be the right opportunity for you? If this opportunity sounds right for you, we’d love to hear from you. Our friendly and experienced recruitment team is here to answer your questions, offer guidance and support you throughout the process. Simply submit your CV in confidence, and our Candidate Manager will arrange for one of our consultants to get in touch to organise an initial meeting, either face to face, via Microsoft Teams or by telephone, whichever suits you best. We look forward to getting to know you and learning more about what you’re looking for.
