Description:
The goal of a Middle Office Analyst is to oversee Trade Settlement client relationships. Provide excellent customer service and loan settlement services to our growing client base while adhering to strict deadlines and targets given. The position offers exposure to external industry entities such as portfolio managers, custodians, and agent banks.
Responsibilities
- Manage client portfolio(s)/Agency trades in our loan Trade Settlement outsourcing services
- Communicate proactively and effectively with clients
- Coordinate with trade counterparties to receive and review par and distressed trade documentation
- Coordination with legal counsel and follow-up, when needed, for distressed trades and participation
- Coordinate trade closings among clients, counterparties, and agents
- Review trade documentation, including trade confirms, assignment agreements, and funding memos for discrepancies prior to settlement including using third-party systems
- Follow up on outstanding trades and keep current comments updated
- Deliver closing packets to custodians and clients before the stated deadlines
- Report client metrics and trends on a monthly basis
What We’re Looking For
- BA or BS or equal work experience
- Knowledge of par and distressed loans and the documentation
- Knowledge of trade fee calculations
- Ability to read and interpret credit agreements
- Experience with daily loan transactions
- Exposure to ClearPar/TSI/Markit WSO systems is a plus
- Takes initiative and ownership of job responsibilities
- Must be able to perform job duties accurately and timely
- Must adhere to deadlines and targets given
- Strong customer service skills
- Prepare various reports and metrics needed by internal management or special client requests
- Teamwork
- Assist other WSO groups during quarter-end or other high-volume periods