Grade Level (for internal use):
08The Team:
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 operations.
The Impact:
The goal of a Middle Office Associate 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. You will understand the team's broader goals and how your work plays a critical role in our overall success, consistently looking for ways to improve quality.
Responsibilities:
Manage client portfolios and agency trades in loan trade settlement outsourcing services.
Proactively communicate with clients to resolve settlement issues
Coordinate with trade counterparties to review par and distressed trade documentation.
Work with legal counsel for distressed trades and participations.
Facilitate trade closings among clients, counterparties, and agents.
Review trade documentation for discrepancies, including trade confirms, assignment agreements, and funding memos, paying close attention to detail to identify potential issues early.
Follow up on outstanding trades and maintain updated comments.
Deliver closing packets to custodians and clients before deadlines, assessing urgency in tasks allocated to you.
Report client metrics and trends monthly.
Take initiative to provide support to the team.
All employees are required to work from the office a minimum of 2 days per week.
What We're Looking For:
Basic Required Qualifications:
An S&P Global employee at this level would typically have 1+ years of experience in distressed loans and trade fee calculations, alongside experience with daily loan transactions.
BA or BS in Accounting or Finance.
Knowledge of par and distressed loans and related documentation.
Familiarity with trade fee calculations and credit agreements.
Excellent attention to detail and the ability to produce output while meeting specific timelines and quality targets.
Strong work ethic and initiative, demonstrating a resourceful and solution-oriented approach.
Ability to perform duties accurately and timely, determining a course of action based on clear guidelines.
Adherence to deadlines and targets.
Strong customer service skills, understanding how your own behavior is impacted in different situations.
Strong verbal and written communication skills, actively participating in collaborative efforts and team discussions.
Ability to work well in a team environment, acting as a team player by being supportive and collaborative.
We require all candidates who reach the final stage of our interview process to attend at least one in-person interview, which is ordinarily at your nearest S&P Global office. This must be completed before we can proceed to an offer.
Additional Preferred Qualifications:
Exposure to ClearPar, TSI, or Markit WSO systems is a plus.
Ability to prepare reports and metrics for internal management or client requests.
Assist other WSO groups during quarter-end or high-volume periods, seeking ways to work with others and contribute outside of your given tasks.
Ability to generate new ideas and think outside the box to improve settlement workflows.
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.
For more information, visit www.spglobal.com/marketintelligence.
What’s In It For You?
Our Mission:
Advancing Essential Intelligence.
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.From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. Join us and help create the critical insights that truly make a difference.
Our Values:
Integrity, Discovery, Partnership
Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.
Benefits:
We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.
Our benefits include:
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.
For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries
Global Hiring and Opportunity at S&P Global:
At S&P Global, we are committed to fostering a connected and engaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions. Our hiring practices emphasize fairness, transparency, and merit, ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration, we drive innovation and power global markets.
Recruitment Fraud Alert:
If you receive an email from a spglobalind.com domain or any other regionally based domains, it is a scam and should be reported to reportfraud@spglobal.com. S&P Global never requires any candidate to pay money for job applications, interviews, offer letters, “pre-employment training” or for equipment/delivery of equipment. Stay informed and protect yourself from recruitment fraud by reviewing our guidelines, fraudulent domains, and how to report suspicious activity here.
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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. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only: Know Your Rights: Workplace discrimination is illegal
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