Trade Closing Analyst
The Middle Office group takes on the unique clients and projects that do not fit in the core business offering of WSO Services. This group is responsible for loan trade settlement. Position summary:
The goal of a Trade Closing 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 will require acquiring knowledge of the other WSO suite of products the client may take to provide customer service. The position offers exposure to external industry entities such as portfolio managers, custodians, and agent banks. Duties & accountabilities
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 participations
Coordinate trade closings among clients, counterparties, and agents
Review trade documentation, includes 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 stated deadlines
Report client metrics and trends on a monthly basis
Understand and execute workflows and communication where necessary when the client takes on other WSO products. Education and experience
BA or BS in Accounting or Finance Commercial awareness
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
IHS Markit is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with disabilities. If you are interested in applying for employment with IHS Markit and need special assistance or accommodation to use our website to apply to a position, please contact email@example.com or call +1 212 849 0399. Determination on requests for reasonable accommodation will be considered on a case-by-case basis.
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We are unable to accept resumes or provide information about application status through the phone number or email address above. Resumes are only accepted through the online application process and only qualified candidates will receive consideration and follow-up.
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If you are currently employed by IHS Markit, please apply internally via the Workday internal careers site.