Jonathan Salomon
Linden,NJ
Summary
Experienced CLO Operations Specialist with over 4 years in structured finance, combining expertise in CLO operations with a keen interest in structuring. Proficient in navigating operational complexities, ensuring compliance, and driving efficiencies. Seeking to leverage my understanding of CLO structures and regulatory compliance in a role that blends operational management with the strategic aspect of CLO structuring.
Overview
3
3
years of professional experience
Work History
Analyst, Alternative Operations
PGIM
Newark, NJ
08.2022 - Current
- Managed the operational aspects of 20+ CLO transactions, ensuring accurate and timely execution in line with deal covenants and regulatory requirements
- Coordinated with trustees, collateral managers, and legal teams to facilitate seamless transaction flows, documentation, and compliance for CLO deals
- Developed and implemented rigorous operational procedures that reduced processing errors and improved efficiency in deal administration
- Led the reconciliation and settlement processes for CLO portfolios, ensuring accuracy in interest and principal payments, and maintaining detailed records for audit purposes
- Conducted thorough reviews of CLO compliance tests and waterfall calculations, identifying discrepancies and ensuring corrective actions were promptly executed
- Spearheaded the automation of various operational processes, resulting in a reduction in processing time and increased accuracy.
Senior Investment Operations Associate
PGIM
Newark, NJ
11.2021 - 08.2022
- Assume ownership for operational issues that are raised and providing resolution in a manner that considers the impact to other operational areas
- Anticipate issues that may adversely affect the operational support of the funds and taking action to reduce the risk of occurrences
- Developed an in depth understanding of fixed income products while ensure products are settled in the correct funds at the correct custodian
- Team Leader in charge of assisting new hires and junior staff understand daily tasks
- Point person for any issue surrounding Domestic Bonds and Money Market products.
Investment Operations Associate
PGIM
Newark, NJ
11.2020 - 11.2021
- Assume ownership for operational issues that are raised and providing resolution in a manner that considers the impact to other operational areas
- Anticipate issues that may adversely affect the operational support of the funds and taking action to reduce the risk of occurrences
- Developed an in depth understanding of fixed income products while ensure products are settled in the correct funds at the correct custodian.
Education
Bachelor Degree in Social Science -
RAMAPO COLLEGE OF NEW JERSEY
Skills
- Strong analytical and quantitative skills
- In-depth knowledge of CLO structures, & credit analysis
- Ability to work under pressure and meet tight deadlines
- Excellent communication and interpersonal skills
- Proficient in Salesforce, MS Word, and Excel
Timeline
Analyst, Alternative Operations
PGIM
08.2022 - Current
Senior Investment Operations Associate
PGIM
11.2021 - 08.2022
Investment Operations Associate
PGIM
11.2020 - 11.2021
Bachelor Degree in Social Science -
RAMAPO COLLEGE OF NEW JERSEY
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