Newark, DE, USA
1 day ago
Non-Agented Loan Servicing

Are you ready to take your career to the next level? As a Trading Services Associate, you'll be part of a team that thrives on innovation and collaboration. This role offers a unique opportunity to develop your skills in a fast-paced environment, with ample room for career growth and mobility. Join us and be a part of a company that values your contributions and supports your professional journey.


As a Trading Services Associate within the Wholesale Lending Services team, you will play a crucial role in supporting the North America Credit Trading, Loan Total Return Swap, and Syndicated Leverage Finance businesses. You will manage a portfolio of secondary loan trading positions, ensuring smooth operations and effective communication with various stakeholders. Your work will directly impact the efficiency and success of our trading activities, contributing to the firm's overall performance.

 

Job responsibilities

Manage a portfolio of secondary loan trading positions with external agentsMonitor and process all loan activity received from external agentsMaintain and investigate trade-related exceptions, such as open payable and receivable balancesCommunicate frequently with front office, documentation, and accounting teams, as well as external counterpartiesMonitor general ledger activity regarding payments associated with non-agented servicing activityOversee Feed Held Awaiting Disposition “FHAD” and one-time trade feesParticipate in ad hoc projects

Required qualifications, capabilities, and skills

Bachelor's degree in Finance or Business (or equivalent experience)Excellent communication and interpersonal skillsDemonstrated leadership abilities and strong teamwork skillsControl-oriented and detail-orientedStrong attention to detailAbility to prioritize, pivot, and reprioritize as neededStrong problem-solving, decision-making, and analytical skillsBasic accounting knowledgeProficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)

Preferred qualifications, capabilities, and skills

Familiarity with loan-based software (LoanIQ, ClearPar)Loan trade settlement experienceExperience with Loan Syndication and Trade Association “LSTA” / Loan Market Association “LMA” standard documentation, knowledge of the LSTA/LMA Standard Terms and ConditionsKnowledge of the trade lifecycle and/or experience supporting a trading businessFamiliarity with syndicated loansPrior knowledge of loan products or trading operations
Confirm your E-mail: Send Email