Trading Services Associate

Join a collaborative team where you’ll support trade operations, manage priorities, and grow your career.

As a Trading Services Associate within the Loan Trading Documentation team, you will be responsible for secondary trade closing support. Wholesale Loan Middle Office is a part of Wholesale Lending Services that primarily supports the European Credit Trading, and Syndicated Leverage Finance businesses within the Corporate and Investment Bank.

Job responsibilities

• Work with front office traders and sales coverage, clients, counsel and operations to settle secondary par loan trades 
• Establish and maintain strong working relationships with clients/counterparts 
• Manage a trade portfolio across various lines of business while maintaining a clean aging profile 
• Review Loan Market Association (LMA) standard documents and other legal documents including trade confirms, assignment agreements, proceeds letters, participation agreements, cash collateral agreements, and multilateral agreements 
• Review credit agreements, specifically assignability language 
• Identify and escalate issues to the front office trading assistants/traders/salespeople, in-house legal counsel and management, when necessary 
• Prepare daily/weekly MIS reporting to track the status of open items and measure risk
   

Required qualifications, capabilities, and skills: 

• Loan experience
• Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)
• Excellent oral and written communication skills 
• Excellent analytical and critical thinking skills 
• Ability to take initiative and self-motivate as well as work as part of a team

Preferred qualifications, capabilities, and skills

• Familiarity with loan-based software (LoanIQ, ClearPar) 
• Experience with LMA standard documentation, knowledge of the LMA Standard Terms and Conditions 
• Knowledge of the trade lifecycle and/or experience supporting a trading business 
• Familiarity with syndicated loans 
• Prior knowledge of loan products or trading operations