Middle Office Associate
11-month contract, Manchester based
In this role as Middle Office Associate you will oversee Trade Settlement client relationships by providing customer service and loan settlement services to an ever-growing client base.
Manage client portfolios and agency trades within the loan trade settlement outsourcing services.
Work with trade counterparties to receive and review distressed trade documentation.
Work with legal counsel to discuss distressed trades and participations.
Coordinate trade closings among clients, counterparties, and agents.
Review trade documentation, including trade confirms, assignment agreements, and funding memos etc prior to settlement.
Deliver closing packets to custodians and clients.
Report client metrics and trends on a monthly basis.
Commercial experience of working within a middle office role with a focus on trade settlement.
Experience of par and distressed loans, alongside daily loan transactions.
Experience of trade fee calculations.
Ability to read and interpret credit agreements.
ClearPar/TSI/Markit systems experience would be beneficial.