Middle Office Associate

Grade Level (for internal use):

07

Department Overview:

The Middle Office group takes on the unique clients and projects that do not fit in the core business offering of WSO Services. This group is responsible for loan trade settlement.

Position Summary:

The goal of a Middle Office Analyst is to oversee Trade Settlement client relationships. Provide excellent customer service and loan settlement services to our growing client base while adhering to strict deadlines and targets given. The position offers exposure to external industry entities such as portfolio managers, custodians, and agent banks.

Duties & Accountabilities:

1. Manage client portfolio(s)/Agency trades in our loan Trade Settlement outsourcing services
2. Communicate proactively and effectively with clients
3. Coordinate with trade counterparties to receive and review par and distressed trade documentation
4. Coordinate with legal counsel and follow up, when needed, for distressed trades and participations
5. Coordinate trade closings among clients, counterparties, and agents
6. Review trade documentation, including trade confirms, assignment agreements, and funding memos for discrepancies prior to settlement including using third party systems
7. Follow up on outstanding trades and keep current comments updated
8. Deliver closing packets to custodians and clients before stated deadlines
9. Report client metrics and trends on a monthly basis

Education and Experience:

BA or BS or equal work experience

Commercial Awareness:

1. Knowledge of par and distressed loans and the documentation
2. Knowledge of trade fee calculations
3. Ability to read and interpret credit agreements
4. Experience with daily loan transactions
5. Exposure to ClearPar/TSI/Markit WSO systems a plus

Personal Impact:

1. Excellent attention to detail
2. Strong work ethic
3. Takes initiative and ownership of job responsibilities
4. Must be able to perform job duties accurately and timely
5. Must adhere to deadlines and targets given
6. Strong customer service skills

Communication:

Strong verbal and written communications skills. Prepare various reports and metrics needed by internal management or special client requests.

Teamwork:

Must be able to work well with others in a team environment. Assist other WSO groups during quarter-end or other high-volume periods.

About S&P Global Market Intelligence:

At S&P Global Market Intelligence, a division of S&P Global, we understand the importance of accurate, deep, and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction.

What’s In It For You?

Our Purpose:

Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.

Our People:

We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.

Our Values:

Integrity, Discovery, Partnership

Benefits:

• Health & Wellness: Health care coverage designed for the mind and body.
• Flexible Downtime: Generous time off helps keep you energized for your time on.
• Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
• Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
• Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
• Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

Inclusive Hiring and Opportunity at S&P Global:

At S&P Global, we are committed to fostering an inclusive workplace where all individuals have access to opportunities based on their skills, experience, and contributions.

Equal Opportunity Employer:

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law.