Responsibilities:
- Cash and Position Reconciliations:
- Must have expertise in CLO's & Loan Syndication.
- Conduct daily, monthly, and ad-hoc cash reconciliations to ensure accuracy and completeness of financial transactions.
- Reconcile cash movements, identify discrepancies, and collaborate with relevant teams to resolve issues promptly.
- Trade Settlement:
- Facilitate trade settlement processes, ensuring timely and accurate confirmation of trades in compliance with industry regulations.
- Collaborate with counterparties, brokers, and internal stakeholders to resolve any settlement discrepancies.
- WSO Expertise:
- Demonstrate proficiency in using Wall Street Office (WSO) for trade processing, cash management, and portfolio reconciliations.
- Utilize WSO to streamline and optimize middle office activities, enhancing operational efficiency.
- Middle Office Activities:
- Oversee various middle office functions, including but not limited to collateral management,
corporate actions, and documentation review.
- Implement best practices to enhance operational processes and mitigate operational risks.
Qualifications:
- Bachelor's degree in Finance, Business, or related field.
- 3-5 years of hands-on experience in middle office functions with a focus on CLO and Loan Syndication products.
- Solid understanding of cash management, position reconciliations, and trade settlement processes.
- Proficiency in using Wall Street Office (WSO) for trade processing and portfolio management.
- Excellent analytical and problem-solving skills with a keen attention to detail.
- Ability to collaborate effectively with cross-functional teams and external stakeholders.
- Knowledge of industry regulations and best practices in middle office operations.