• Job Description

  Req#: 754913

  The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.

  You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.

  Everything we do at Allstate is driven by a shared purpose: to protect people from life’s uncertainties so they can realize their hopes and dreams. For more than 89 years we’ve thrived by staying a step ahead of whatever’s coming next – to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We’ve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection.

  We are the Good Hands. We don’t follow the trends. We set them.

  Job Family Summary

  The Investments Bank Loan team is responsible for the reporting and oversight of Allstate’s inventory of Collateralized Loan Obligations (CLO). There are multiple processes that the CLO Operations team owns that are designed to help achieve this goal. By verifying data on internal applications and comparing it to data from external sources, the CLO team ensures consistency and validity across applications. The CLO team is also responsible for the ongoing accuracy of reports, both monthly and quarterly, that are made public to the Investing community. The team serves as the single point of contact for all CLO investment questions and resolution across Investments.

  This position is a hybrid role, meaning your schedule may consist of time in an office setting and time working remotely from your home. The hybrid model is intended to provide greater flexibility – and will mean something different to each team, job and employee. Office presence is driven by the nature of the work and team needs. You’ll work from home for the remainder of the time you’re not in the office. This position is eligible for a monthly connectivity reimbursement to offset the costs of internet and phone expenses.

  This position will report in person to our Northbrook or River Point, Chicago office 1 day a week.

  Job Summary:

  The analyst is primarily responsible for Bank Loan and AIMCO trade settlement, report generation, analysis, and validation, as well as the AIMCO monthly/payment reports and post-payment date reporting. This role is also responsible for ensuring CLO compliance calculations are accurate. It is critical for the Bank Loan Support Consultant keeps constant lines of communication open with various internal and external groups in regard to trade settlement status.

  Key Responsibilities:

  • Daily trade support for Bank Loans (BLS) and AIMCO confirms and allocation of trades on ClearPar, trade enrichment in Trade Capture, coordinate all legal documents between Front Office, Trustee Banks, Legal, and the Bank Loan Maximis team (data quality/compliance/timeliness key)
  • Interpret reporting rules to create, maintain, and analyze daily/weekly/monthly reports looking for and analyzing trends and deliver them to Front Office, Legal and Upper Management.
  • Prepare AIMCO Determination Date reports and coordinate, analyze, investigate, and independently resolve monthly discrepancies in timely manner with trustee.
  • Conduct analysis and use independent judgement to determine if CLO calculations are accurate.
  • Maintain accuracy of Security Master data between Data Warehouse and Aladdin and investigate and resolve issues as they arise.

  Education and Experience:

  • Undergraduate degree in Finance or Accounting or relevant experience.
  • 0-2 years of related experience, preferably in the Investments or Financial Services industries.

  Knowledge/Skills/Abilities/Experience:

  • General working knowledge of the Investment industry.
  • Intermediate experience in Microsoft Excel and Microsoft Suite skills.
  • Good oral and written communication skills.
  • Good collaborative skills. (collaborates across teams to implement decisions in a integrated manner)
  • Ability to thrive in a fast paced, diverse and dynamic work environment.
  • Strong time management skills and ability to meet deadlines.
    

  Certificates, Licenses, Registrations:

  • No Certification, License or Registration is required for the job.

  Supervisory Responsibilities:

  This job does not have supervisory duties.

  Compensation offered for this role is $50,000.00-$75,875.00 per year and is based on experience and qualifications.

  The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

  Good Hands. Greater Together. ℠

  As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy. For a full description of Allstate’s benefits, visit https://www.allstate.jobs/benefits/

  Learn more about life at Allstate. Connect with us on Twitter, Facebook, Instagram and LinkedIn or watch a video.

  #LI-MC1

  Allstate generally does not sponsor individuals for employment-based visas for this position.

  Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

  For jobs in San Francisco, please click “here” for information regarding the San Francisco Fair Chance Ordinance.
  For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.

  To view the “EEO is the Law” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs

  To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.

  It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.

• About the company

  The Allstate Corporation is an American insurance company, headquartered in Northfield Township, Illinois, near Northbrook since 1967.

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