Trade Operations Specialist

Position Title: Trade Operations Specialist

Location: Charlotte, NC

Anticipated Start Date: ASAP

Please note this is the target date and is subject to change. BCforward will send official notice ahead of a confirmed start date.

Expected Duration: 7 Months.

Job Type: FULL TIME, CONTRACT, HYBRID 3 days in office 2 days from home

Pay Range: $ 21.02/hr

Please note that actual compensation may vary within this range due to factors such as location, experience, and job responsibilities, and does not encompass additional non-standard compensation (e.g., benefits, paid time off, per diem, etc.).

Work Hours: 8am to 5pm Monday - Friday

Requirements:

Top 3 Skill sets manager will be looking for on Resume.

• Financial background/experience of at least 2 years and or Accounting or legal experience
• Someone experienced with reading documentation and pulling out data points
• Good with numbers and calculations in excel (need to calculation fee and interest accruals, etc.).

Job Description

• Main point of contact for requests relating to the administration of large corporate credits held by the Global Credit (GC) loan trading desk.
• Global Market Loan Operations provides settlements and services for secondary loan trade closings relating to corporate investor clients.
• Must be on hand to offer premium client service and manage the relationships between our internal business partners and external clients.
• Will be responsible for investigating and resolving complex discrepancies which could involve reading the credit agreement and completing manual calculations to ensure balances are correct. Will be tasked with providing supervisory oversight for our various process.
• Will be responsible for facilitating training for the team on processes, business policies and procedures. Must be comfortable with occasionally leading a project or new process implementation.
• Basic Understanding of credit documentation (e.g. Credit Agreement) in order to perform detailed reviews for accurate settlement and servicing. End to End processing of loans with accurate data input to various credit and operating systems (e.g. ACBS, BFT, Cash Manager, LoanRunner, etc.)

Job Responsibilities

• Validation of loan documentation for accurate trade settlements
• Validation of loan commitments, interest payments, and fee payments
• Manage periodic rate changes, rate rollovers, advances, collateral, invoicing, repayments, and other loan agreement inquiries
• Report Monitoring and reconciliations
• Train the team on various procedures, policies, and processes
• Provide supervisory oversight on our various processes
• Input wire instructions while attending to dual controls
• Analysis and resolution of operational problems
• Involvement in ad hoc projects for new processes or industry initiatives
• Breaks investigation and resolution.
• Requirements
• Presentable, confident and client focused.
• Excellent communications skills and proficiency with numbers/calculations.
• Ability to work under pressure in a team environment.
• Ability to liaise with all levels of the firm and people with different experiences and backgrounds.
• Self-motivated and able to work unsupervised. Candidate will be able to manage own time and know when to escalate.
• Knowledge of Operational Risk

Keywords:

Trade support, Trading desk, Settlements, documentation, Loan Operations, trade Operations, financial services, banking.

Benefits:

BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.

About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward's 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.

This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.

Interested candidates please send resume in Word format Please reference job code 221126 when responding to this ad.