AllSTEM Connections is currently hiring for a Trade Service Associate for one of clients in the banking industry.
Contract: 1 Months (Possible extension)
Location: Newark, DE (Hybrid)
Pay rate: $30/hr - $33/hr.
Top skills:
- Attention to detail
- Ability to multitask
- Ability to work under tight deadlines
- Loans experience
- Familiarity with data room sites
- Experience with reviewing financial documentation
Job Title: Virtual Data room -Coordinator - Trade Services Associate
Job Summary:
As the Trade Services Associate, you will be responsible for the information management, review, and delivery of all documents received in connection with the Credit Portfolio Group, the Credit Trading Desk, and the Total Return Swap Desk’s responsibility to provide relevant documentation to their clients and potential clients. This position requires meticulous analysis of legal documentation.
Job Responsibilities:
- Create and maintain a portfolio of Virtual Data rooms
- Review, track, and post documents to Virtual Data Room sites
- Add external clients / counterparties to Secondary Virtual Data Room sites
- Manages and facilitates Corporate Actions in conjunction with the Trading Desks in a deadline driven environment
- Manage borrower information flow for the Credit Portfolio Group, Total Return Swap Desk, and the Credit Trading Desk, ensuring adherence to Compliance policies regarding the handling of Private Material Non-Public Information
- Field ad-hoc inquiries from internal and external clients
- Coordinate accuracy of Data room sites with Loan and Agency Services, offshore teams, Borrowers, Lenders, Legal, and Compliance
- Develop and maintain long-term relationships with the Credit Portfolio Group, the Credit Trading Desk, Total Return Swap Desk, operations, legal, and compliance to ensure proper and timely posting of all documentation
- Identify and address control gaps and efficiency opportunities, taking the appropriate level of risk to deliver scalable, simple and innovative solutions that improve the process
Required Qualifications, Capabilities and Skills:
- Bachelor’s degree
- Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)
- 3 + years of relevant financial operational experience
- General understanding of Finance and Loan Products
- Proven ability to collaborate with team members and senior management across and within the lines of business with a keen attention to detail, strong oral and written communication skills, and strong analytical capability
- Highly organized with the ability to manage a variety of tasks and competing priorities
- Highly motivated individual with a team – oriented mindset with effective communication and leadership skills
- Critical decision-making abilities including the ability to identify, escalate, and propose solutions to problems
- Meticulous mindset with the ability to multi-task through the practice of strong organizational and time management skills
- Ability to learn quickly, self-motivate, and demonstrate a strong work ethic
- Preferred Qualifications, Capabilities, and Skills:
- Syndicated loan knowledge specifically in trading/ corporate actions and loan operations
- Knowledge of Virtual Data rooms such as Syndtrak, Debt domain, and Intralinks
- Experience reading and interpreting loan documentation, legal documents and financial statements
Apply for this great opportunity today!!!
