Capital Markets Middle Office Specialist at South State Bank

, Georgia, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Apr, 26

Salary

0.0

Posted On

03 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Skills, IT Skills, Customer Support, Compliance, Finance, Accounting, Documentation, Reporting, Multi-tasking, Attention to Detail, Communication, Problem Solving, Team Collaboration, Time Management, Listening Skills, Organizational Skills

Industry

Banking

Description

The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are known for combining personal relationships with forward-thinking solutions. We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here! SUMMARY/OBJECTIVES It is the responsibility of the Middle Office Specialist – Correspondent Division to take ownership of all tasks and challenges that they encounter in the operation of their assigned position. This position is responsible for, but not limited to, supporting sales team, compliance and legal functions and finance and accounting functions. ESSENTIAL FUNCTIONS To ensure proper execution of Capital Markets related activities within established policies, procedures, regulatory and legal guidelines, while concurrently ensuring customer satisfaction (internal and external customers). Support sales team by providing customer reports and analysis: Communicate with customers Share derivative documentation and reports with sales team and customers Backup other middle office and back-office members when they are out of the office Support compliance and legal function as follows: Maintain and follow policies and procedures Maintain new customer documentation Generate and review transaction documentation File swap data repository File and maintain legal entity identifiers Support finance and accounting functions as follows: Generate and review MTM reports Customer support and onboarding Middle and Back Office Review derivative transactions for internal compliance Replicate derivate transactions in settlement software Maintain and reconcile ongoing derivative settlements Review and confirm derivative documentation in Markitwire Review ISDA confirmations Review and reconcile derivative settlement statement Supporting the middle office administration for the ARC program Ensures that all work prepared is timely and turned around within department guidelines and with the utmost accuracy Researches and analyzes financial data, interprets, and prepares reports of financial position and determines if additional information is needed Conduct portfolio reviews as needed Monitors the financial position of established accounts and brings irregularities to light May at times communicate directly with customers, CPAs, and internal company comptrollers Undertakes special projects related to job function Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. COMPETENCIES Strong analytical IT skills Ability to manage multiple requests simultaneously and work with other team members to ensure that daily responsibilities are handled timely Proficient with general office machines and programs to include Microsoft Office Word, Excel, Outlook, and other software that might be utilized in the department Ability to use the computer efficiently and the capacity to learn new software programs as they are rolled out by the Bank Must have good knowledge of business English, including spelling and punctuation when writing Must possess basic English language skills to speak clearly and effectively with coworkers and customers Must be well-organized, accurate, and attentive to detail Must be cooperative and willing to assist coworkers and customers on a regular basis Must have effective listening skills demonstrated by the ability to listen to others talk (without interruption), understand them, and then propose solutions or make contributions based on the points made by others Must possess excellent multi-tasking skills and be able to function well under pressure Must be able to remain composed under pressure and respond to customer and coworker concerns regularly Must have a keen eye for detail and follow instructions to the letter Must be patient and willing to help others in solving problems while always maintaining a positive attitude Qualifications, Education, and Certification Requirements Education: A bachelor’s degree in business, finance, or accounting Experience: Three to five years related experience and/or training Certifications/Specific Knowledge: None TRAINING REQUIREMENTS/CLASSES Required annual compliance training, New Employee Orientation PHYSICAL DEMANDS Must be able to effectively access and interpret information on computer screens, documents, reports., This position requires a large amount of time in front of a computer. This can be done sitting or standing with use of the right desk. WORK ENVIRONMENT This position is in a cubicle environment that may be loud throughout the day. The position is located inside a cooled and heated facility with ability to go to a break room or rest room during breaks. Telecommuting roles no matter if hybrid or 100% full time telecommuting must have a secure home office environment that is free from background noise and distractions. They must also have a reliable private internet connection that is not supplied by use of cellular data (hot spot). Cable or fiber connections are preferred. Requirements are subject to change, as new systems and technology is delivered. TRAVEL Travel may be required to attend meetings, conferences or training as needed. Work Location: 400 Interstate N Parkway, Ste 1200 Atlanta, Georgia 30339 Equal Opportunity Employer, including disabled/veterans.

Responsibilities

The Middle Office Specialist is responsible for supporting the sales team, compliance, legal functions, and finance and accounting functions. They ensure proper execution of Capital Markets activities while maintaining customer satisfaction.