Trade Support specialist

Job Description

Job Description

BCforward is currently seeking a highly motivated Trade support Specialist for a job opportunity located in Chicago IL 60603

Position Title: Trade support Specialist

Location: Chicago IL 60603

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

Duration: Contract - 6 months, potential for extension or conversion to fulltime

Pay Rate: $28.00 Per hour on W2

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 

Responsibilities:

• Serve as primary Middle Office resource supporting all structured lending transactions entered into by the Equities financing desk.
• Coordinate communications between structuring, the trading desk, Credit Risk, and operational stakeholder groups in order to close new structured finance transactions.
• Perform loan servicing responsibilities relating to all structured equity loan products including, but not limited to, processing of advances, paydowns and calculation of interest.
• Serve as primary point of contact for client inquiries for the firm’s buy-side customers, including hedge funds and asset managers.
• Work with Equities Product Control teams to ensure accuracy in the desk’s P&L related to the structured financing product.
• Excel knowledge ( VLOOKUP's, sumif)
• working with documents and reports - reviewing secondary loan docs and entering them into Loan IQ; reconciliations.

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.