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Position Type :
Full timeType Of Hire :
Experienced (relevant combo of work and education)Education Desired :
Bachelor of Business AdministrationTravel Percentage :
0%Job Description
Virtus from FIS is a leading provider of alternative investment services and technology solutions, specializing in delivering comprehensive front-, middle- and back-office services to asset managers, banks, and other institutional investors. Virtus helps its clients manage their alternative investment portfolios, including CLO/CDOs, private equity, hedge funds, and other alternative assets.
About the Team
The CLO/CDO Middle Office Team maintains the books and records for collateral managers that have outsourced middle office operations. We reconcile and maintain data on their behalf as well as review monthly and quarterly reports.
What You Will Be Doing
Support assigned Trust Account Manager(s) in the administration of structured finance accounts
Interact in an ongoing relationship with associated financial partners and trust clients
Assist with account administration functions to ensure client satisfaction
Perform daily account activity:
Posting receipts
Entering trade orders and check/wire requests
Raising cash for distributions
Handle account inquiries
Submitting ACH transfer instructions
Open/close accounts
Research account discrepancies
Calculate fee sharing data, including manual calculations when necessary
Reconciliation of various cash flows, accounts, and data sets
Administer all systems related to management of trust accounts
Maintain all account documentation for current and historical monitoring of accounts
May provide guidance and cross-training to others
What You Bring
Bachelor's degree in business administration, finance or other related discipline or the equivalent combination of education, training, and work experience
Typically, at least 3 years professional, financial services industry experience
High level of proficiency in Microsoft Excel (VLOOKUPS) and working knowledge of Microsoft Office
Ability to perform financial reconciliations
Exceptional attention to detail in processing financial transactions and reconciliations
Experience identifying, researching, and resolving financial discrepancies
Strong organizational and communication skills
Ability to multi-task and interact well with clients and trust account managers
Effective communication with all levels of technical and non-technical personnel
Added Bonus If You Have
Familiarity with waterfall calculations
Trust system experience (CDO Suite, Solvas, etc.)
Understanding and experience in syndicated loans, CLO/CDOs, or corporate trust securities
What We Offer You
A career at FIS is more than just a job. It's the change to shape the future of fintech. At FIS, we offer you:
- A voice in the future of fintech
- Always-on learning and development
- Collaborative work environment
- Opportunities to give back
- Competitive salary and benefits
#LI-BS1 #VIRTUAL #Virtus
Privacy Statement
FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the .
EEOC Statement
FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here
For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.
Sourcing Model
Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.
#pridepass
FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here: http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf
For positions located in the US, the conditions below apply.
If you are made a conditional offer of employment, you will be required to undergo a drug test and background check (including criminal record check)
ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.