Virtual Dataroom -Coordinator - Trade Services Associate

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Job description

Virtual Dataroom -Coordinator - Trade Services Associate

BCforward is currently seeking a highly motivated Virtual Dataroom -Coordinator - Trade Services Associatefor an opportunity in Newark, DE 19713!

Position Title: Virtual Dataroom -Coordinator - Trade Services Associate

Location: Newark, DE 19713

Anticipated Start Date: 10/25/2024

Please note this is the target date and is subject to change. BCforward will send official notice ahead of a confirmed start date.

Expected Duration: 4-6 months of contract with Potential For Conversion

Job Type: HYBRID/ON-SITE

Pay Range: 33.00 - 33.79

Please note that actual compensation may vary within this range due to factors such as location, experience, and job responsibilities, and does not encompass additional non-standard compensation (e.g., benefits, paid time off, per diem, etc.).

Job Description:

Top 3 skills:
- attention to detail
- ability to multitask
- ability to work under tight deadlines

What will stand out on the resume:
loans experience
familiarity with dataroom sites
experience with reviewing financial documentation
Education - bachelor degree, legal background & loans experience would be a great plus

Short Description:
As the Virtual Data Room Coordinator in Trade Services, 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 Desks responsibility to provide relevant documentation to their clients and potential clients.

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 Desks responsibility to provide relevant documentation to their clients and potential clients. This position requires meticulous analysis of legal documentation.
Dataroom Management, a team within Wholesale Loan Services, manages the handlings of confidential syndicated loan information and its delivery to trade counterparties in the context of domestic and emerging markets secondary loan transactions, loan total return swaps and certain other customized syndicated loan-related transactions. This is carried out in compliance with Chinese Wall information barriers, and in close coordination with Portfolio Managers, Sales, Trading and Research as well as Legal and Compliance, in each case, as appropriate.

Job Responsibilities:
Create and maintain a portfolio of Virtual Datarooms
Review, track, and post documents to Virtual DataRoom sites
Add external clients / counterparties to Secondary Virtual DataRoom 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 Dataroom 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
Participate in projects and provide valuable input with various working groups created to enhance performance and efficiency
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:
Bachelors 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 Datarooms such as Syndtrak, Debtdomain, and Intralinks
Experience reading and interpreting loan documentation, legal documents and financial statements

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, BCforward'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 229871 when responding to this ad.

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