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Trade Specialist

Dexian

Duration: 8-12 Month with extensions and conversion Hours: Mon-Fri 9am-6pm Short Description As the Secondary Documentation Closer within the Loan Trading Documentation team, you will be responsible for secondary loan trade closing. Job Summary As a Trade Support Specialist within the Loan Trading Documentation team, you will take on the responsibility of providing primary and secondary trade closing support, as well as Third Party Agency Review. Your role is a crucial part of the Wholesale Loan Middle Office, a division of Wholesale Lending Services, which primarily supports the North America Credit Trading and Syndicated Leverage Finance businesses within the Corporate and Investment Bank. Job Responsibilities Work with front office traders and sales coverage, clients, counsel and operations to settle secondary par loan trades Establish and maintain strong working relationships with clients/counterparts Manage heavy trade portfolio across various lines of business while maintaining a clean aging profile Review LSTA standard documents and other legal documents including trade confirms, assignment agreements, proceeds letters, participation agreements, cash collateral agreements, and multilateral agreements Review credit agreements, specifically assignability language Identify and elevate issues to the front office trading assistants/traders/salespeople, in-house legal counsel and management when necessary Prepare daily/weekly MIS reporting to track the status of open items and measure risk Required Qualifications, Capabilities, and Skills Bachelor’s degree or syndicated loan experience Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint) Excellent oral and written communication skills Excellent analytical and critical thinking skills Ability to take initiative and self-motivate as well as work as part of a team Preferred Qualifications, Capabilities, and Skills Familiarity with loan-based software (LoanIQ, ClearPar) Experience with LSTA standard documentation, knowledge of the LSTA Standard Terms and Conditions Knowledge of the trade lifecycle and/or experience supporting a trading business Familiarity with syndicated loans Prior knowledge of loan products or trading operations Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status. #J-18808-Ljbffr

Vacancy posted 3 days ago
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