CLO Structuring Day to Day / Interview Prep
First post here so forgive me if I break any rules. I am really interested in working in structured products, and have an interview with athis week. It is a pretty niche area, so I am fuzzy on exactly what the day to day would look like. For an analyst, would the primary responsibility be optimizing portfolios and pricing new issue for CLO managers? As opposed to the client-facing side of trying to earn a client and bring a CLO to market? What types of skills are needed for this work?
I worked as a trader's assistant for a(we had a sizeable mezz CLO book, but it was secondaries market, so I didn't have a lot of exposure to the origination side) for a couple of years right out of undergrad, and am finishing a master's degree in OR/Engineering currently, so my quant and programming skills are very strong. I feel kind of weak on the accounting side of things, though I have done a couple levels of the was in school, but never any formal accounting in a job capacity.
Any color on what to the day to day is like, and anything I should expect on the interview, would be extremely helpful. I am spending most of my time reading CLO primers to really nail the process down.