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Trade support

Company: BCforward
Location: Newark
Posted on: March 12, 2023

Job Description:

Trade support BCforward is Looking for Individuals in the Financial Industry for a Contract to Hire Opportunity with Our Top Tier Banking Client! We would love to talk to you if you are looking to start or advance your career in the banking sector! Our client is a premier financial institution, looking for individuals who are motivated to perform and gain valuable experience. If interested, please review our job details below and get back to us as soon as possible- This is an urgent need. Job Title: Trade support Location: Newark, DE (Hybrid) Duration: 6 months Contract Working with the trading desk, clients, counsel and operations to settle distressed secondary trades associated with the following products: 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 Reviewing and coordinating with internal and external counsel on proposed changes to legal 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 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 This posting is not an offer of employment. All applicants must be authorized to work in the United States and willing cooperate with a background check and drug screen, to the extent permitted by federal and local laws up to, and including, both criminal and financial reviews. The submission of intentionally false or fraudulent information in response to this job posting shall render the applicant ineligible for the position. BCforward is an equal opportunity employer. Any subsequent offer of employment shall be considered employment at will regardless of the anticipated assignment duration. Interested candidates please send resume in Word format Please reference job code 198281 when responding to this ad.

Keywords: BCforward, Newark , Trade support, Other , Newark, Delaware

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