Accounting Associate Intermediate (3-6 years)
Job Title Accounting Associate Intermediate (3-6 years)
Location: Newark, DE
Duration: 3 months
Pay Rate: $24.00/ hr on W2
Description:
WLS provides global end to end loan support including, but not limited to, Loan Origination, Deal Closing & Funding, Trade Confirmations, Closing & Settlements, Special Credit Services, and Syndicated/Agent Bank Booking and Servicing.
The Loan Trading Documentation Team within the WLS Middle Office primarily supports the North America Credit Trading, Loan Total Return Swap and Syndicated Leverage Finance businesses within the Corporate and Investment Bank and is responsible for primary and secondary trade closing support and Third Party Agency Review.
Position Summary:
This role is for Trade Support Specialist within the Loan Trading Documentation team. The Trade Support Specialists primary responsibility is the review, coordination and settlement of Primary assignments.
Ongoing Responsibilities:
Work with front office, clients, counsel and operations to settle Primary assignments
Establish and maintain strong working relationships with clients/counterparts
Manage heavy trade portfolio across various lines of business while maintaining a clean ageing profile
Review LSTA standard documents and other legal documents
Review Credit Agreements, specifically assignability language
Identify and escalate issues to the front office, in-house legal counsel and management, when necessary.
Prepare daily/weekly MIS reporting to track the status of open items and measure risk
Preferred
Familiarity with loan-based software (LoanIQ, ClearPar,)
Experience with Onboarding and Know Your Customer process
Familiarity with syndicated loans
Prior knowledge of loan products or trading operations
Interested candidates please send resume in Word format Please reference job code 236713 when responding to this ad.