Primary Talent Partners has a 6-month contract opening for a Middle Office Analyst with a French multinational investment bank located in Jersey City, NJ.

MISSION AND OBJECTIVES

ITO Credit Middle Office is a support team that services CIB Americas NAR Corporate Platform by blending a strong business focus while being driven by industry and operational expertise, efficiency, and control. ITO Middle Office manages the credit financing transactions with the objective of leveraging standardized and improved processes and tools to streamline tasks for improved data quality and governance.

The ITO Credit Middle Office is primarily responsible for ensuring accurate and timely data capture, processing and administration of new and amended financing transactions, as well as ensuring compliance, regulatory, and operational controls are in place and adhered to, in an effort to mitigate potential risk to both our clients and ****.

MAIN RESPONSIBILITIES

· Liaise with front officers for timely receipt of new and amended documentation (FC1-ODJ, Credit Approval, Métier Support Memo, Financing Agreements, etc…) for the creation of counterparty financings in the Bank's systems

· Communicate and coordinate with various internal stakeholders, agents, lenders, and clients, as needed.

· Extract pertinent data from the financing documentation (i.e., Credit and other Agreements/Contracts) as well as internal credit approval for input into the bank's tracking systems/spreadsheets for continued end-to-end deal monitoring.

· Ensure the terms of the financing are in accordance with conditions stipulated by internal credit committee(s).

· Extract names and addresses from financing documents; i.e. Key Stakeholders & Other Parties, and input into the Bank's compliance tracking system used to perform screenings, per sanction and regulatory guidelines.

· Perform timely pre-onboarding controls (FiSaC checklist, IFRS9, MSCQ).

· Review facility collateral/guarantee and covenant compliance data and subsequent activity to ensure conformity to internal and external support documentation as well as update applicable systems/spreadsheets/document repository.

· Confirm line availability by providing authorization on utilizations (loans/LC's), ensuring no breach of limits.

· Monitor and action upcoming event dates, as well as provide follow-up on past due items.

· Monitor exception reports and resolve inconsistencies with respective parties.

· Escalate potential problems or seek clarification as appropriate.

· Production of closing and associated funding notices to borrowers and lenders.

· Creation of wire transfer payments associated with the closings, per documentation.

· Perform ad-hoc tasks/projects as directed by management

REQUIREMENTS

· BS – Economics, Finance or other related field of study

· Strong written and verbal communication skills

· Analytical and detail oriented

· Ability to work independently and prioritize multiple tasks, work under time pressure constraints and to take ownership for the completion of tasks.

· Ability to exercise good judgment in dealing with unforeseen circumstances while maintaining compliance with established policies and controls.

· Experience in middle office and/or operations environment preferable

#PTPStandard

Job Types: Full-time, Contract

Pay: $30.00 - $35.00 per hour

Schedule:

• Day shift

Education:

• Bachelor's (Required)

Experience:

• middle office: 1 year (Preferred)
• data extraction: 1 year (Preferred)

Work Location: Hybrid remote in Jersey City, NJ 07310

Please Note :
bankofmontserrat.ms is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, bankofmontserrat.ms provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.