Trading Operations Analyst

WhiteCap Search; Fort Worth (TX); On-site; USD 75,000 - 110,000; Full time

Job summary

WhiteCap Search is seeking an operations professional to oversee and execute core functions related to bank loan trade settlements, providing daily support to the US and UK Loan Trading Desks and driving process improvements.

The role requires knowledge of LSTA/LMA settlement processes, a Finance degree, 2 years in bank loan operations, advanced Excel, Power BI, and Pro PowerPoint, with a strong GPA. This is a full-time position based in the United States.

Qualifications

• Knowledge of LSTA/LMA bank loan settlement processes.
• Bachelor's degree in Finance or related field required.
• Minimum 2 years of bank loan operations experience.
• Advanced Excel skills and ability to leverage AI at work.
• Proficiency with PowerPoint and Power BI.
• Strong academic record with high GPA.

Responsibilities

• Oversee bank loan trade settlements, cash reconciliation, and CLO cash management.
• Provide daily support to US and UK Loan Trading Desks.
• Perform daily quality control checks on outsourced processes.
• Escalate issues to custodians and trustees as needed.
• Monitor daily and monthly trade metrics and volumes.

Skills

LSTA/LMA knowledge

Advanced Excel

Education

Bachelor's degree in Finance or related field

High GPA

Tools

Power BI

PowerPoint

Excel

Job description

This role involves overseeing and executing key operations functions related to bank loan trade settlements, providing support to Loan Trading Desks, and driving process improvements.

Function

• Oversee outsourced operations functions including bank loan trade settlements, cash reconciliation, and CLO cash management; drive settlement priority for liquidity and ramp-ups.
• Perform daily quality control checks on outsourced processes.
• Execute retained operations functions such as fund setup in ClearPar, SSI setup in ADFlow, and KYC pre-approvals with agent banks.
• Provide daily operational support to U.S. and U.K. Loan Trading Desks.
• Act as a point of escalation for custodians and trustees.
• Monitor and maintain daily and monthly trade metrics, including volumes, aged trades, and delayed compensation.
• Support projects and process improvements as needed.

This role involves overseeing and executing key operations functions related to bank loan trade settlements, providing support to Loan Trading Desks, and driving process improvements.

Function

• Oversee outsourced operations functions including bank loan trade settlements, cash reconciliation, and CLO cash management; drive settlement priority for liquidity and ramp-ups.
• Perform daily quality control checks on outsourced processes.
• Execute retained operations functions such as fund setup in ClearPar, SSI setup in ADFlow, and KYC pre-approvals with agent banks.
• Provide daily operational support to U.S. and U.K. Loan Trading Desks.
• Act as a point of escalation for custodians and trustees.
• Monitor and maintain daily and monthly trade metrics, including volumes, aged trades, and delayed compensation.
• Support projects and process improvements as needed.

Requirements

• In-depth knowledge of LSTA/LMA bank loan settlement processes and the full bank loan life cycle (from trade allocation and settlement through loan activities, corporate actions, and restructurings).
• Bachelor's degree (B.A. or B.S.) in Finance or a related field required.
• 2 years of experience in bank loan operations.
• Advanced Excel skills and practical experience leveraging AI at work.
• Proficiency in Microsoft PowerPoint and Power BI.
• Strong record of academic achievement, including a high GPA.

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. 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 on the basis of disability.