Securities Operations Supervisor - Settlements

Job Description

We are FIS. Our technology powers the world’s economy and our teams bring innovation to life. We champion diversity to deliver the best products and solutions for our colleagues, clients, and communities. If you’re ready to start learning, growing, and making an impact with a career in fintech, we’d like to know: Are you FIS?

About the Team

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.

What You Will Be Doing

The Settlement Team handles primary and secondary market loan settlements, leveraging advanced technology to service broadly syndicated loans. As the Settlements Operations Supervisor, you will oversee the daily functions of the Trade Settlements Team and support senior leadership in delivering exceptional client service, while continuously enhancing operational workflows and procedures.

• Oversee daily client activity and ensure high-quality service delivery.
• Manage client onboarding for customers, deals, and assets.
• Support financial processing and routine operations for clients and team.
• Troubleshoot system issues and ensure timely, accurate servicing.
• Help develop procedures to minimize risk and improve efficiency.
• Assist with loan closings and related operational tasks.
• Lead and contribute to client-focused projects and initiatives.
• Communicate assignment status and escalate trade issues as needed.
• Guide team in managing client relationships and resolving complex problems.
• Collaborate with management to deliver exceptional client service.
• May recruit, train, and evaluate staff to optimize team performance.

What You Bring

• Bachelor’s degree in finance, accounting or related field, or the equivalent combination of education, training, and work experience.
• Typically, at least 3 years of financial services experience (preferably with institutional trusts) and at least 1 year in a leadership role.
• Client servicing experience, basic knowledge of securities, and accustomed to high volume transaction processing.
• Advanced skills in Microsoft Office, with proficiency in Excel, as well as a basic knowledge of how internal systems work.
• Understanding of broadly syndicated loans and trade fee calculations.
• Knowledge of transfer documentation, including purchase price letters, netting letters, funding memos, participation agreements, consent and elevation agreements, termination agreements and transfer certificates.
• Excellent decision-making, problem-solving, team building, negotiation, conflict management and time management skills.
• Ability to lead by example and motivate professional level staff.

Added Bonus If You Have

• Exposure to both TSI and ClearPar systems.
• Experience with daily loan transactions and loan tracking systems.

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

#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 $59,270.00 - $96,620.00 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 by 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

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EEOC Statement

FIS is an equal opportunity employer. We evaluate qu