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DESCRIPTION
Wholesale Loan Middle Office is a part of Wholesale Lending Services that primarily supports the North America Credit Trading, Loan Total Return Swap and Syndicated Leverage Finance businesses within the Corporate and Investment Bank. The Trade Support Specialist role sits within the Loan Trading Documentation team responsible for primary and secondary trade closing support and Third Party Agency Review.
RESPONSIBILITIES
- Work with front office traders and sales coverage, clients, counsel and operations to settle secondary par loan trades
- Establish and maintain strong working relationships with clients/counterparts
- Manage heavy trade portfolio across various lines of business while maintaining a clean aging profile Review LSTA standard documents and other legal documents including trade confirms, assignment agreements, proceeds letters, participation agreements, cash collateral agreements, and multilateral agreements
- Review credit agreements, specifically assignability language
- Identify and escalate issues to the front office trading assistants/traders/salespeople, in-house legal counsel and management, when necessary
- Prepare daily/weekly MIS reporting to track the status of open items and measure risk
QUALIFICATIONS
- 1-3 years of experience in Financial Services/Banking
- Proficiency with Microsoft Office Suite (Excel: Pivot Tables, ability to analyze large data sets)
- Knowledge of Commercial OR Corporate Loan products -OR- trading operations
- Bachelor's degree in Finance or Business
Nice-To-Have
- Familiarity with loan-based software (LoanIQ, ClearPar)
- Experience with LSTA standard documentation, knowledge of the LSTA Standard Terms and Conditions
- Knowledge of the trade lifecycle and/or experience supporting a trading business
- Familiarity with syndicated loans
- Prior knowledge of loan products or trading operations)
Soft skills:
- Excellent oral and written communication skills
- Excellent analytical and critical thinking skills
- Ability to work in a fast paced, high pressure environment and prioritize workload efficiently
- Ability to take initiative and self-motivate as well as work as part of a team
Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.