Senior Securities Operations Associate - Settlements

Job Description
Position Type :

Full time Type Of Hire :

Experienced (relevant combo of work and education) Travel Percentage :

0%
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
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.
What You Will Be Doing
The Senior Securities Operations Associate provides client support for loan settlements, deals, and asset on-boarding.
Monitor and manage large volumes of loan closings
Perform reconciliations and update data in systems
Communicate with internal and external parties regarding loan closings
Troubleshoot and assess system issues for Quality Assurance
Build deal templates and user profiles, as well as onboard clients
Create fund account profiles in the system
Field client queries and exercise judgement in problem-solving and/or escalation to IT
Coordinate with trade counterparties to receive and review par and distressed trade documentation
Coordinate trade closings among counterparties, agents, and other groups to include formulation of pricing
Review funding memos for discrepancies prior to settlement
Communicate and resolve trade issues. Escalate when necessary
Process and reconcile pending trades to client’s trade tickets/blotter
Update fee calculation spreadsheets
Prepare loan settlement or special client request reports for internal management
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, 4 or more years’ experience in accounting or finance
High proficiency in Excel and advanced Microsoft Office skills
Basic knowledge of securities
Knowledge of transfer documentation, including purchase price letters, netting letters, funding memos, participation agreements, consent and elevation agreements, termination agreements and transfer certificates
Knowledge of trade fee calculations
Ability to read and interpret credit agreements
Added Bonus If You Have
Experience with daily loan transactions and loan tracking systems
Exposure to both TSI and ClearPar 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