Securities Operations Associate II
3 weeks ago
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Full time
Type Of Hire :
Experienced (relevant combo of work and education)
Education Desired :
Associate's Degree
Job Description
We are FIS. Our technology powers the world’s economy and our teams bring innovation to life. We champion diversity to deliver the best products and solutions for our colleagues, clients, and communities. If you’re ready to start learning, growing, and making an impact with a career in fintech, we’d like to know: Are you FIS?
About the Team
Virtus from FIS is a leading provider of alternative investment services and technology solutions specializing in delivering comprehensive front-, middle- and back-office services to asset managers, banks, and other institutional investors. Virtus helps its clients manage their alternative investment portfolios, including CLO/CDOs, private equity, hedge funds, and other alternative assets.
What You Will Be Doing
The Settlement Team is responsible for primary and secondary market loan settlements. We offer cutting-edge technology in the asset servicing of broadly syndicated loans. As a Securities Operations Associate, you will provide client support for loan settlements by assisting clients with customer, deal, and asset on-boarding.
Monitor and process large volumes of loan closings for CLO deals
Update data and perform reconciliations
Communicate and resolve trade issues, escalating as necessary
Review funding memos for discrepancies prior to settlement
Communicate with internal and external parties regarding loan closings
Assist Asset Administration during quarter-end and/or high-volume periods
What You Bring
Bachelor’s degree or equivalent combination of education, training, and work experience
Typically, 2 or more years' experience in accounting or finance
Advanced Excel and Microsoft Office skills
Knowledge of closing par and distressed loans
Ability to read and interpret credit agreements
Knowledge of trade fee calculations
Added Bonus If You Have
Experience with daily loan transactions and loan tracking systems
Understanding of broadly syndicated loans
What We Offer You
A career at FIS is more than just a job. It’s the change to shape the future of fintech. At FIS, we offer you:
A voice in the future of fintech
Always-on learning and development
Collaborative work environment
Opportunities to give back
Competitive salary and benefits
#LI-BS1 #VIRTUAL #Virtus
FIS is committed to providing its employees with an exciting career opportunity and competitive compensation. The pay range for this full-time position is $23.78 - $38.77 and reflects the minimum and maximum target for new hire salaries for this position based on the posted role, level, and location. Within the range, actual individual starting pay is determined additional factors, including job-related skills, experience, and relevant education or training. Any changes in work location will also impact actual individual starting pay. Please consult with your recruiter about the specific salary range for your preferred location during the hiring process.
Privacy Statement
FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.
EEOC Statement
FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here
For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.
Sourcing Model
Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.
#pridepass
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