FAQs
What is the primary responsibility of a Loan Trading Support Specialist?
The primary responsibility of a Loan Trading Support Specialist is to manage the entire life cycle of loan trades, from initiation to settlement, while providing exceptional customer service, risk management, and process improvement support to the Loan Trading Desk.
What qualifications are needed for this position?
A Bachelor's degree in Finance or a related field, or comparable experience, along with 2-5 years of experience in loan trading operations, specifically in Syndicated Loan Trading, is required. Proficiency in PC applications, particularly Excel and Loan IQ, is also necessary.
Is experience in Loan Syndications and Trading Association (LSTA) important for this role?
Yes, familiarity with LSTA and current regulations and best practices in the industry is essential for this position.
What skills are crucial for a successful candidate?
Strong analytical and problem-solving skills, attention to detail, effective communication skills, and the ability to thrive under pressure and meet tight deadlines are crucial for a successful candidate.
Will I be managing any external partnerships in this role?
Yes, the Loan Trading Support Specialist will oversee the outsourcing partner, Alter Domus, ensuring accuracy and compliance with operational agreements.
What will be my role in the settlement process?
You will be responsible for circulating trade documents to facilitate timely settlement, reviewing documentation for discrepancies prior to settlement, and ensuring clear communication with the Loan Trading Desk regarding booking and settlement processes.
What is the salary range for this position?
The salary range for this position is between $110,000 - $135,000, depending on factors such as relevant experience and education.
Does Natixis offer any benefits in addition to the salary?
Yes, Natixis offers a generous benefits package along with the base salary, and employees may be eligible for a discretionary incentive award based on company and individual performance.
Is there an emphasis on diversity and inclusion in the hiring process?
Yes, Natixis is committed to a workplace free of discrimination and promotes respect for all individuals, considering all qualified applicants for employment equally.
What tools and systems will I be using in this role?
You will primarily be using ClearPar for trade management and Loan IQ for booking trades, creating deals, and managing fee processing.