Loans Middle Office Specialist

2 weeks ago

New York, New York, United States Phaxis Full time

Phaxis is a global financial services organization with a comprehensive network that spans over 30 countries and regions. By bridging markets from East to West, we cater to the needs of individuals, institutions, corporations, and governments through our three primary business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management.

Department Overview:
The selected candidate will be part of the Loans Middle Office team, responsible for:

  • Managing the complete lifecycle of primary closing loan transactions across various business units. This role involves close collaboration with Investment Banking, Global Markets, Legal, Client Onboarding, and Treasury.
  • Examining Credit Agreements for operational details and establishing deals in Loan IQ.
  • Reconciling overdue items and addressing them promptly.
  • Investigating discrepancies and efficiently resolving sensitive operational challenges.
  • Coordinating with Client Onboarding to fulfill KYC requirements for new clients.
  • Operating in a dynamic environment to oversee the entire portfolio and closing of PAR and distressed LSTA loan trades.
  • Managing the trade portfolio across multiple business lines, ensuring all trades are tracked from Trade Date to Settlement while maintaining a clean open trade aging profile and striving for reduced settlement times.
  • Preparing Loan Trade Closing documentation, including Trade Confirmations, Transfer Documents, and Pricing Letters, particularly when not utilizing electronic platforms.
  • Collaborating with Traders, sales teams, and Legal (both internal and external) regarding proposed modifications to Trade documents.
  • Engaging directly with clients, internal partners, and external agents to resolve issues and ensure seamless trade closures.
  • Calculating and reviewing settlement figures, including delayed compensation, cost of carry, and benefits from commitment reductions.
  • Working alongside the Servicing Team in Mumbai to manage all aspects of bank debt operations, including lifecycle event processing, trade closures, cash and position reconciliation, and corporate actions.
  • Providing first-level account service by closely collaborating with business teams to address queries.
Required Skills, Experience, Qualifications, and Knowledge:
  • A minimum of 6-8 years of experience in Bank Debt is essential.
  • Experience in primary loan closing and servicing (both bilateral and agency).
  • Excellent interpersonal skills are crucial, as this role necessitates effective communication and prioritization of time-sensitive issues with both internal and external stakeholders.
  • High attention to detail is required.
  • Ability to thrive in a fast-paced environment.
Compensation: $100,000 to $140,000
  • Familiarity with Loan IQ is preferred.

  • Portfolio Finance Middle Office Associate

    1 week ago

    New York, New York, United States ATR International Full time

    Job Summary:We are seeking a highly skilled Portfolio Finance Middle Office Associate to join our team at ATR International. As a key member of our finance team, you will play a critical role in supporting the servicing of complex loan products and ensuring seamless communication with our front and middle offices.Key Responsibilities:Support the servicing of...

  • Portfolio Finance Middle Office Associate

    2 days ago

    New York, New York, United States ATR International Full time

    Job Summary:We are seeking a highly skilled Portfolio Finance Middle Office Associate to join our team at ATR International. As a key member of our finance team, you will play a critical role in supporting the servicing of complex loan products and ensuring seamless communication with our front and middle offices.Key Responsibilities:Support the servicing of...

  • Senior Associate, Middle Office Operations Specialist

    2 days ago

    New York, New York, United States SS&C Technologies Holdings Full time

    Job DescriptionJob SummaryWe are seeking a highly skilled Senior Associate, Middle Office Operations Specialist to join our team at SS&C Technologies Holdings. As a key member of our operations team, you will be responsible for providing exceptional support to our hedge fund clients, ensuring seamless execution of their investment strategies.Key...

  • C# Middle Office Application Specialist

    5 days ago

    New York, New York, United States McCabe & Barton Full time

    Job Summary:We are seeking a highly skilled C# Software Developer to join our team at McCabe & Barton, a leading financial services firm. As a C# Developer, you will play a critical role in designing, developing, and maintaining key Middle Office applications using C#.Key Responsibilities:Design, develop, and maintain high-quality C# applications to support...

  • Equities Middle Office Specialist

    2 weeks ago

    New York, New York, United States Capstone Full time

    We are seeking a skilled Middle Office Trading Assistant to contribute to our operations. This role encompasses a wide array of trade support activities and oversight of the trade lifecycle within a dynamic setting. Close collaboration with the Portfolio Management team is essential, as you will be addressing multiple inquiries from the trading desk...

  • Equities Middle Office Specialist

    1 week ago

    New York, New York, United States Capstone Full time

    We are seeking a dedicated Middle Office Associate to support our operations. This role encompasses a wide range of trade support activities and managing the trade lifecycle in a dynamic setting. Close collaboration with the Portfolio Management team is essential, as you will be addressing multiple inquiries from the trading desk simultaneously. The ideal...

  • Equities Middle Office Support Specialist

    1 week ago

    New York, New York, United States Capstone Full time

    We are seeking a dedicated Middle Office Trading Assistant to support our operations. This role encompasses a wide range of trade support activities and oversight of the trade lifecycle within a dynamic environment. Close collaboration with the Portfolio Management team is essential, as you will address multiple inquiries from the trading desk...

  • Mortgage Loan Specialist

    2 weeks ago

    New York, New York, United States TowneBank Full time

    Position Overview: Mortgage Loan Specialist Are you dedicated to assisting clients in realizing their homeownership aspirations? Do you possess excellent communication skills and a solid background in the mortgage sector? If so, TowneBank is seeking a talented individual to fill the role of Mortgage Loan Specialist. Key Responsibilities: Deliver...

  • Mortgage Loan Specialist

    2 weeks ago

    New York, New York, United States TowneBank Full time

    Position Overview: Mortgage Loan Specialist Are you dedicated to assisting clients in realizing their homeownership aspirations? If you possess excellent communication skills and a solid background in the mortgage sector, consider this opportunity with TowneBank. Key Responsibilities: Deliver outstanding service to loan applicants and potential...

  • Middle Office Software Engineer

    1 week ago

    New York, New York, United States Durlston Partners Full time

    C# Middle Office DeveloperDurlston Partners is collaborating with a prominent global discretionary macro investment firm renowned for its profound expertise in developed markets and a practical trading methodology led by an exceptionally experienced Portfolio Manager.This role focuses on the development of a new middle office platform in New York, which...

  • Middle Office Software Engineer

    1 week ago

    New York, New York, United States Durlston Partners Full time

    Middle Office Engineer PositionDurlston Partners is collaborating with a prominent global discretionary macro investment firm that possesses extensive expertise in developed markets and a practical trading approach, guided by a seasoned Portfolio Manager.This role focuses on the development of a new middle office platform, encompassing responsibilities...

  • Middle Office Software Engineer

    2 weeks ago

    New York, New York, United States Durlston Partners Full time

    C# Middle Office DeveloperDurlston Partners is collaborating with a prestigious global discretionary macro investment firm that possesses extensive expertise in developed markets, guided by a highly experienced Portfolio Manager.This role focuses on the development of a state-of-the-art middle office platform, which encompasses the management of trade...

  • Middle Office Software Engineer

    1 week ago

    New York, New York, United States Durlston Partners Full time

    C# Middle Office DeveloperDurlston Partners is collaborating with a prominent global discretionary macro investment firm renowned for its extensive expertise in developed markets and a practical trading methodology guided by a highly experienced Portfolio Manager.This role focuses on developing a state-of-the-art middle office platform in New York,...

  • Middle Office Software Engineer

    1 week ago

    New York, New York, United States Durlston Partners Full time

    Middle Office Engineer OpportunityWe are collaborating with a prominent global investment firm specializing in discretionary macro strategies, recognized for its profound expertise in developed markets and a methodical trading approach, guided by a seasoned Portfolio Manager.This role focuses on developing a state-of-the-art middle office platform,...

  • Middle Office Software Engineer

    1 week ago

    New York, New York, United States Durlston Partners Full time

    C# Middle Office DeveloperDurlston Partners is collaborating with a prominent global discretionary macro investment firm renowned for its profound expertise in developed markets and a practical trading approach, guided by a highly experienced Portfolio Manager.This role focuses on the development of a cutting-edge middle office platform in New York,...

  • Trade Operations Analyst for Middle Office

    1 week ago

    New York, New York, United States Cognixia Full time

    Job OverviewCompany OverviewCognixia is a premier Digital Solutions provider specializing in software engineering for innovative organizations. With a rich history spanning over 25 years, the company has successfully onboarded more than 17,000 professionals worldwide across 60+ locations, engaging in vital IT projects for Fortune 500 companies.Engage in...

  • Stock Loan Middle Office Consultant

    1 month ago

    New York, New York, United States Michael Page Full time

    Experience at a large commercial bankTemp to Perm possibilities About Our Client The client is a commercial bank that started in Japan. They are the third largest bank in Japan and offer services such as investment banking, global markets, and sales and trading. Job DescriptionOversee and manage both cash and non-cash collateral exposure related to stock...

  • Credit Middle Office Trade Support

    1 month ago

    New York, New York, United States Alliance Sourcing Network Full time

    Middle Office Sales Support team is responsible on supporting the Front Office Sales in the business of dealing FX.You will take charge the control and support functions of the operations initiated by the New York Front Office Sales, from the negotiation, recording and processing of the transactions.Your role will be to facilitate and smooth the processing...

  • C&I Loan Specialist

    2 weeks ago

    New York, New York, United States Peapack-Gladstone Financial Full time

    Company Overview:Peapack-Gladstone Financial is a distinguished boutique banking institution, recognized for its excellence in wealth management, lending, and deposit solutions. Our innovative approach to private banking empowers clients to establish, maintain, and expand their financial legacies.Why Choose Us?With over a century of service, we prioritize...

  • Associate Director, Prime Middle Office

    1 week ago

    New York, New York, United States Standard Chartered Full time

    About the RoleWe are seeking an experienced Associate Director to join our Prime Services team at Standard Chartered. As a key member of our Middle Office, you will be responsible for delivering strategic initiatives and driving business growth.Key ResponsibilitiesNew Business Enablement: Partner with cross-functional teams to deliver strategic PB...