Dexian

Trade Support Analyst

Dexian New Castle County, DE

Apply today and embark on an exciting career with a Fortune 500 firm in Commercial Investment Banking!



The Distressed Loan and Special Product Support Team within WLS’s Core Loan Operations group supports the North America Credit Trading desk within the Corporate and Investment Bank with their CLS transactions, distressed loan trades, and equity/bond trades. This team also supports the GEM, CB, and CPG trade business. The Distressed Loan and Special Product Support Team is responsible for a number of functions in support of this trade activity including but not limited to: liaising with front office, sales assistants, trade support, back office settlements, stock record, legal, compliance, finance, accounting, transfer agents and counterparties; drafting, reviewing and executing legal documents including Trade Confirms, Assignment Agreements, Purchase and Sale Agreements, Proceeds Letters, participation agreements, Stock Powers, Officers Certificates, and Evidence of Transfers; maintaining a distressed inventory; reviewing and understanding Credit Agreements and Security Agreements; and producing various compliance and regulatory reporting



RESPONSIBILITIES

Distressed Loan Closer position entails the following:

o Distressed Loans

o Distressed Equity/Bond

• Drafting, reviewing and understanding both LSTA Standard and other legal documents including Trade Confirms, Assignment Agreements, Purchase and Sale Agreements documents

• Reviewing and understanding Credit Agreements and other relevant trade documentation

• Ability to manage heavy trade portfolio across all various lines of business while maintain a clean aging profile

• Identifying and escalating issues to the front office trading assistants/traders/sales people, in-house legal counsel and management, when necessary

o Focus on key economic, language and fee-related disputes

o Working directly with counterparts and internal partners in issue resolution

• Monitoring/tracking/reporting of all escalated issues using appropriate workflow tools

• Coordinating settlement efforts with various settlement groups throughout the IB

• Monthly/weekly/daily reporting to senior management for open trades and trading metrics is required



QUALIFICATIONS

• 2-4 years prior experience with syndicated loan settlements or trading operations

• Extensive knowledge of the trade lifecycle and/or experience supporting a trading business

Credit Default Swaps, Credit Spread Options, Interest Rate Swaps, Bonds, Loans, Equity Options

• Experience with LSTA standard documentation, knowledge of the LSTA Standard Terms and Conditions

• Strong Microsoft Excel/PowerPoint skills

• Familiarity with loan-based software (LoanIQ, ClearPar) highly preferred



Soft Skills:

Extremely detailed oriented

Self-motivation and demonstration of initiative

Excellent analytical skills

Excellent oral and written communication skills

Highly organized

Keen to questioning everything and understand the detail behind the numbers and/or process

• Must be able to resolve issues on a daily basis

• Must have excellent client and communication skills

• Detail orientated individual that can multitask efficiently under pressure and in a fast paced environment




Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.

  • Seniority level

    Entry level
  • Employment type

    Full-time
  • Job function

    Finance, Analyst, and Accounting/Auditing
  • Industries

    Capital Markets, Financial Services, and Investment Banking

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