Job Overview:
The Loan Operations Specialist will be responsible for facilitating the processing, distribution, and reconciliation of term loan and bond transactions in support of accounting and trading. This role requires great attention to detail, ability to work in a time sensitive environment and the ability to think outside the box.
This is an exciting opportunity for individuals who are passionate about financial services and eager to take on new challenges. The ideal candidate will have 2-5 years of experience in the financial industry, with a strong understanding of business and industry practices.
The successful candidate will be able to identify operational risk and ensure all internal processes are accurately followed. They will also be able to escalate issues that could have a significant impact on daily operations.
Responsibilities:
* Booking, confirming and settling loan trades for leveraged loan investments
* Reviewing loan/credit documentation
* Cash management of multiple SPVs in order to settle trades
* Perform daily reconciliations of trade positions and cash
* Identifying operational risk and ensuring all internal processes are accurately followed
* Escalating issues that could have a significant impact on daily operations
* Providing exceptional service to various business partners including portfolio managers, credit analysts, traders, counterparties and trustees
Skills and Qualifications:
* 2-5 years of financial services industry experience
* Ideal CLO and loan closing experience
* Bachelor's degree preferred but not required
* Proficient PC knowledge
* Excellent interpersonal and communications skills
* Strong time management skills
* Ability to handle multiple projects and tasks simultaneously within a tight timeframe
* Strong analytical skills
* Solid knowledge of business and industry practices
* Ability to recognize high-risk items and escalate those items or seek assistance to minimize loss to either the shareholder and/or Fidelity
How Your Work Impacts the Organization:
The Global Middle Office Trade Operations Division acts as a servicing center for our trading desks and external managers globally, facilitating trade capture, confirmation and settlement of equity, debt, derivative, and currency transactions with brokers, money managers and custodian banks.
All of these combine to ensure that we are providing accurate and timely information into the NAV and then value to our investors.