Trade support Intermediate (3-6 years

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Job description

Trade support Intermediate (3-6 years

BCforward is currently seeking a highly motivated for an opportunity in : Trade Support Specialist

Job Title: Trade Support Specialist

Location: Newark, DE 19713

Duration: 6 months of Contract

Rate: $25.52/ hr on W2

Responsibilities:

Job Title: Trade Support Specialist

Location: Newark, DE 19713

Duration: 6 months of Contract

Rate: $25.52/ hr on W2

Description:
Job Description:

Wholesale Lending Services - Middle Office (WLS-MO) provides operational support globally to multiple

different lines of business involved in loan origination and trading across both the Corporate & Investment

Bank (CIB) and Commercial Bank (CB). Responsibilities of the WLO-MO include but are not limited to trade

capture, trade closing, trade settlement and loan servicing. The team covers a wide range of products,

ranging from traditional bi-lateral and syndicated loans to structured instruments such as collateralized loan

obligations and secured loans, as well as total return swaps, distressed debt, and bankruptcy claims.

Role Summary

• The Trade support specialist will support the settlement of loan trades globally on behalf of all LOBs falling
• under the CIB and CB that engage in loan syndication and trading activity, including Credit Trading, Fixed
• Income Financing, Debt Capital Markets and CIB Risk. The role is fast-paced and involves high transactions
• and requires close coordination with a number of internal groups (trading desk, Finance/Product Control and
• • other groups within WLS) as well as external clients.

  Ongoing Responsibilities:

• Prepare and execute trade settlement timely for various loan businesses within currency deadlines
• Review of all settlement documentation in accordance with the LSTA and LMA standard terms and
• conditions
• Maintain and investigate trade related exceptions, such as open payable and receivable balances.
• Communicate frequently with front office, documentation, and accounting and control teams as well
• as external counterparties
• Monitor general ledger activity in regards to payments associated with trade settlement.

Qualifications:

• Bachelor's degree in Finance or Business (or equivalent experience)
• Excellent communication and interpersonal skills
• Demonstrated leadership abilities and strong teamwork skills
• Control Oriented
• Prioritize workload efficiently
• Detail orientated individual that can work effectively under pressure
• Strong attention to detail
• Ability to multi-task and prioritize workload
• Strong problem solving, decision making, and analytical skills
• Results driven
• Basic accounting knowledge
• Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)
• Prior knowledge of loan product or trading operations is desired

Benefits:

BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.

About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, Forward's 6,000 consultants support more than 225 clients globally. BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work. BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability. To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum . As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process. This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.

Interested candidates please send resume in Word format Please reference job code 229851 when responding to this ad.

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