Securitites Operations Associate II - Settlements

Job Description

Virtus from FIS is a leading provider of alternative investment services and technology solutions specializing in delivering comprehensive front-, middle- and back-office services to asset managers, banks, and other institutional investors. Virtus helps its clients manage their alternative investment portfolios, including CLO/CDOs, private equity, hedge funds, and other alternative assets.

About the Team

The Settlement Team is responsible for primary and secondary market loan settlements. We offer cutting-edge technology in the asset servicing of broadly syndicated loans.

What You Will Be Doing

You will provide client support for loan settlements by assisting clients with customer, deal, and asset on-boarding.

• Monitor and process large volumes of loan closings
• Update data in systems and perform reconciliations
• Communicate and resolve trade issues.  Escalate when necessary
• Assist with a variety of tasks related to loan closings
• Review funding memos for discrepancies prior to settlement
• Communicate with internal and external parties regarding loan closings
• Assist Asset Administration during quarter-end and/or high-volume periods

What You Bring

• Bachelor’s degree or equivalent combination of education, training, and work experience
• Typically, 2 or more years' experience in accounting or finance
• Advanced Excel and Microsoft Office skills
• Knowledge of closing par and distressed loans
• Ability to read and interpret credit agreements
• Strong verbal and written communication skills
• Knowledge of trade fee calculations

Added Bonus If You Have

• Experience with daily loan transactions and loan tracking systems
• Understanding of broadly syndicated loans

What We Offer You

A career at FIS is more than just a job. It’s the change to shape the future of fintech. At FIS, we offer you:

• A voice in the future of fintech
• Always-on learning and development
• Collaborative work environment
• Opportunities to give back
• Competitive salary and benefits

#LI-BS1 #VIRTUAL #Virtus

FIS is committed to providing its employees with an exciting career opportunity and competitive compensation. The pay range for this full-time position is $23.78 - $38.77 and reflects the minimum and maximum target for new hire salaries for this position based on the posted role, level, and location. Within the range, actual individual starting pay is determined additional factors, including job-related skills, experience, and relevant education or training. Any changes in work location will also impact actual individual starting pay. Please consult with your recruiter about the specific salary range for your preferred location during the hiring process.

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here

For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relat