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Trading Operations Specialist
Dexian Newark, DE
$87k-129k (estimate)
Full Time 2 Days Ago
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Dexian is Hiring a Trading Operations Specialist Near Newark, DE

Client: Corporate Investment Banking

Position: Trading Operations Analyst

Address: Newark, DE 19713

Start Date: ASAP

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

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.

Job Summary

JOB TYPE

Full Time

SALARY

$87k-129k (estimate)

POST DATE

06/27/2024

EXPIRATION DATE

08/23/2024

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The following is the career advancement route for Trading Operations Specialist positions, which can be used as a reference in future career path planning. As a Trading Operations Specialist, it can be promoted into senior positions as a Stock Loan Manager I that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Trading Operations Specialist. You can explore the career advancement for a Trading Operations Specialist below and select your interested title to get hiring information.

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