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Job Title: Specialist - Middle Office Investment Operations. The goal of a Middle Office Specialist is to oversee Trade Settlement client relationships.. Manage counterparty's expectations to receive and review primary/secondary par and distressed trade documentation. Coordinate trade closings among clients, counterparties, and agents – may include coordination with legal counsel for distressed and/or participations. Knowledge of par and distressed loans and the documentation

middle office

Job Title: Specialist - Middle Office Investment Operations Job Location: Andover, MA Job Type: Contract Duration: 12 Months Work Type: Onsite Job Description: Position summary: <ul><li>The goal of a Middle Office Specialist is to oversee Trade Settlement client relationships. </li><li>Provide excellent customer service and loan settlement services to our growing client base while adhering to strict deadlines and targets given. </li><li>The position offers exposure to external industry entities such as portfolio managers, custodians, and agent banks. </li></ul>Duties And Accountabilities: <ul><li>Oversee client portfolio(s)/Agency trades in our loan Trade Closing outsourcing services </li><li>Proactively manage and effectively communicate with internal and external clients </li><li>Manage counterparty's expectations to receive and review primary/secondary par and distressed trade documentation </li><li>Coordinate trade closings among clients, counterparties, and agents – may include coordination with legal counsel for distressed and/or participations </li><li>Review trade documents, including trade confirm, assignment agreements, and funding memos for discrepancies prior to settlement including using third-party systems </li><li>Manage outstanding trades and maintain comments per client expectation </li><li>Deliver closing packets to custodians and clients before the stated deadlines </li></ul>Education And Experience: <ul><li>Knowledge of par and distressed loans and the documentation </li><li>Knowledge of trade fee calculations </li><li>Ability to read and interpret credit agreements </li><li>Experience with daily loan transactions </li><li>Exposure to ClearPar/VTS/Markit WSO systems a plus </li></ul>Education And Experience: <ul><li>BA or BS BA / BS or equivalent work experience in the financial field Commercial awareness </li></ul>Requirements: <ul><li>3 - 5 yrs. of syndicated bank loan settlement / management experience preferable </li><li>Excellent attention to detail </li><li>Strong work ethic </li><li>Takes initiative and ownership of job responsibilities </li><li>Must be able to perform job duties accurately and timely </li><li>Must adhere to deadlines and targets given </li><li>Strong customer service skills </li></ul>Communication: <ul><li>Strong verbal and written communications skills </li><li>Prepare various reports and metrics needed by internal management or special client requests </li></ul>Teamwork: <ul><li>Must be able to work well with others in a team environment </li><li>Assist other WSO groups during quarter-end or other high-volume periods</li></ul>

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