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Middle Office Associate – Investment Operations
| Company | S&P Global |
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| Location | Andover, MA, USA |
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| Salary | $41990 – $55000 |
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| Type | Full-Time |
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| Degrees | |
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| Experience Level | Junior, Mid Level |
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Requirements
- Excellent attention to detail and strong work ethic
- Takes initiative and ownership of job responsibilities
- Must be able to perform job duties accurately and timely and adhere to deadlines and targets given
- Strong verbal and written communication skills
- Prepare various reports and metrics needed by internal management or special client requests
- Must be able to work well with others in a team environment and assist other WSO groups during quarter-end or other high-volume periods
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 before 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 every month
Preferred Qualifications
- 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 a plus
