---
title: 'Assistant Controller — CLO Products at Squarepoint Capital'
canonical: 'https://feeny.ai/job/assistant-controller-clo-products-squarepoint-capital-london-zckmmnjsksyj'
type: 'job'
last_seen: '2026-09-08'
---

# Assistant Controller — CLO Products at Squarepoint Capital

- **Company:** Squarepoint Capital
- **Location:** London, United Kingdom
- **Posted:** 2026-08-13
- **Last confirmed live:** 2026-09-08
- **Apply:** https://www.squarepoint-capital.com/open-opportunities?id=8119061&gh_jid=8119061

## Job description

Position Overview:

We are seeking a Assistant Controller (level commensurate with experience) to oversee the accounting, financial reporting, and operational control functions for our Collateralized Loan Obligation (CLO) product suite within a global, systematic, multi-strategy hedge fund. This role sits at the intersection of fund accounting, structured credit operations, and external reporting, and requires close, ongoing collaboration with independent trustees, fund administrators, and collateral agents. The successful candidate will be a key control point for the accuracy, timeliness, and integrity of CLO-related financial information provided to internal stakeholders and external parties (investors, lenders, auditors, and regulators).

CLO Accounting & Reporting

- Oversee the full accounting lifecycle for CLO vehicles, including collateral accounting, waterfall mechanics, and compliance test reporting (OC/IC tests, collateral quality tests)
- Review and approve monthly/quarterly trustee reports, payment date reports, and note valuation reports for accuracy against internal books and records
- Coordinate with independent trustees and fund administrators to reconcile collateral positions, cash activity, and NAV calculations
- Review distribution waterfalls and payment calculations ahead of each payment date

PnL and Management Reporting

- Review daily/monthly PnL for CLO strategies, investigating and resolving breaks between trading systems, administrator records, and trustee reports
- Prepare and review management-level financial packages summarizing CLO performance, fees, and risk/return metrics for internal leadership and investment teams
- Support attribution analysis distinguishing mark-to-market movements, realized gains/losses, and interest income/expense

External and Investor Reporting

- Prepare or review financial statements, investor letters, and capital account statements related to CLO vehicles
- Serve as a primary point of contact for fund administrators and independent trustees on accounting treatment, reporting timelines, and issue resolution
- Support external audit processes (annual audits, agreed-upon procedures) including preparation of audit schedules and responses to auditor inquiries

Controls & Process

- Maintain and strengthen internal controls over CLO financial reporting, including reconciliations between the collateral manager’s books, trustee reports, and administrator NAVs
- Identify and implement process improvements and automation opportunities across CLO reporting workflows
- Ensure compliance with governing documents (indentures, collateral management agreements) from an accounting and reporting perspective
- Partner with Operations, Legal, and Compliance on new CLO issuances, resets, refinancings, and wind-downs

Required Qualifications:

- Bachelor’s degree in Accounting, Finance, or related field; CPA strongly preferred
- 5–10+ years of relevant experience in fund accounting, structured credit, or CLO administration (asset management, fund administrator, trustee, or public accounting background considered)
- Direct hands-on experience with CLO structures — collateral accounting, waterfall mechanics, and trustee/administrator reporting — is required
- Strong understanding of loan/credit instruments, GAAP, and relevant regulatory reporting requirements
- Experience working directly with trustees, fund administrators, and auditors
- Advanced Excel skills; experience with fund accounting or CLO-specific systems (e.g.,Wall Street Office, ClearPar, Geneva, or similar) a plus
- High attention to detail, strong organizational skills, and ability to manage multiple deadline-driven reporting cycles simultaneously
- Excellent written and verbal communication skills, with the ability to present financial information clearly to both technical and non-technical audiences
- Comfortable operating in a fast-paced, global, multi-strategy hedge fund environment

The minimum base salary for this role is $120,000 if located in New York.  This expectation is based on available information at the time of posting.  This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation.  This role may also be eligible for benefits, such as health, dental, and other wellness plans, as well as 401(k) contributions.  Successful candidates’ compensation and benefits will be determined in consideration of various factors.

## About Squarepoint Capital

## Company Overview
- **One-liner**: Squarepoint Capital is a leading global quantitative investment manager that uses a rigorous scientific approach and state-of-the-art technology to construct diversified, systematic strategies for institutional clients.
- **Entity Type**: Private (no disclosed external funding; spun out from Barclays in 2014)
- **Headquarters**: New York, New York, United States
- **Founded**: 2014 (as an independent firm; the underlying business, nQuant, dates back to 2000 within Lehman Brothers and later Barclays)
- **Founders**: Led by four founding partners (names not publicly disclosed); the original founders of nQuant continue to lead Squarepoint today.

## Core Business
- **Primary industry**: Financial Services – Quantitative Investment Management
- **Target customers**: Institutional investors (B2B)
- **Mission / Purpose**: “Achieving high quality returns for our clients” through a systematic, diversified, and research-driven investment platform.

## Products & Services
- **Quantitative Investment Strategies**: A diversified portfolio of systematic strategies spanning multiple asset classes (equities, fixed income, currencies, commodities), trading frequencies (high-frequency to long-term), and global markets. The majority of investments are based on rigorous backtesting on historical data.
- **Technology & Data Platform**: A custom, nimble, and forward-looking software stack that enables seamless integration between research and trading, executing millions of trades per day. Includes low-latency trading systems and a world-class data infrastructure.

## Market Standing
- **Valuation / Market Cap**: Not publicly disclosed
- **Key Metric**: Annual revenue is not publicly disclosed (LinkedIn estimates ~$12M, but this likely underrepresents a firm of this scale; the figure should be treated with caution). The firm is privately held and does not report earnings.
- **Notable Investors / Partners**: No external investors; the firm is privately held by its founding partners. Alumni frequently move to top quant funds and tech companies (e.g., Millennium, Citadel, Qube Research & Technologies, Google, Jump Trading).
- **Growth Signals**: Headcount grew 33.9% year-over-year to approximately 1,801 employees (LinkedIn, 2025). The firm operates 17 offices across 8 countries and is actively hiring across technical, research, and finance roles.

## Competitive Advantages
- **Deep heritage**: The team’s quantitative roots trace back to 2000, with a proven track record through multiple market cycles.
- **Scientific rigor**: A disciplined, research-first approach that relies on backtesting and systematic execution rather than discretionary bets.
- **Scale and technology**: Executes millions of trades daily using a highly custom, low-latency platform developed in-house.
- **Global diversification**: Strategies span asset classes, geographies, and trading frequencies, reducing reliance on any single market or style.
- **Culture of ownership**: Privately held and led by its founding partners, fostering long-term thinking and accountability.

## Strategic Focus
- **Diversification**: Continuously expanding into new asset classes, trading frequencies, and geographies.
- **Technology investment**: Ongoing development of proprietary software and data infrastructure to maintain a competitive edge in research and execution.
- **Talent acquisition**: Aggressively hiring quantitative researchers, software engineers (C++, Python), platform engineers, and operations specialists across global offices.

## Why Work Here
- **Culture**: Collaboration across teams, a flat structure with a strong sense of ownership and accountability, and a focus on intellectual curiosity.
- **Work environment**: In-office for most roles (offices in New York, Boston, London, Paris, Singapore, Bangalore, etc.). Some roles offer a remote work program, but the majority require physical presence.
- **Benefits**: Generous parental leave, health insurance (medical, dental, vision), 401(K) matching, disability and life insurance, paid sick days, generous PTO, paid volunteer time, free snacks and drinks. Offices are designed for in-person collaboration.
- **Engineering culture**: Technology is considered core to the business; engineers work closely with quantitative researchers to build and optimize trading systems. Emphasis on C++, Python, Kubernetes, and low-latency systems.
- **Growth trajectory**: Rapid headcount growth and a global footprint offer opportunities for career advancement and international mobility.

## Sources
1. [squarepoint-capital.com](https://www.squarepoint-capital.com/)
2. [squarepoint-capital.com/about](https://squarepoint-capital.com/about)
3. [linkedin.com/company/squarepoint-capital](https://ca.linkedin.com/company/squarepoint-capital)
4. [builtin.com/company/squarepoint-capital](https://builtin.com/company/squarepoint-capital)
5. [job-boards.greenhouse.io/squarepointcapital](https://job-boards.greenhouse.io/squarepointcapital)

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