Job Title: Operations Analyst
Job Type: 12-month contract
Location: Glasgow
Day Rate: £12.35 PAYE + holiday pay
Opportunity Overview: A fantastic opportunity has arisen to temporarily join my client as an Operations Analyst.
My client is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries
Role Objective: GLS provides full operational support of the Loans trading business. Our team in EMEA comprises of primary loan originations, loan servicing, secondary trading assistants and trade settlement support. The role of loan operations is to provide a front to back infrastructure solution for the timely execution of loan transactions in the primary and secondary market and the subsequent servicing of the trading portfolios. The teams have a varying degree of interactions with many internal and external counterparts including, sales and trading, regulatory controllers, product controllers, treasury, tax, credit, legal and compliance. The successful candidate will be located in Glasgow and will communicate frequently with Business Units and colleagues in London as well as our US and AP counterparts.

Key Responsibilities:

• PAR trading assistant, maintaining ownership of a portfolio of trades from Trade date through to settlement date.
• Strong relationship building with the business unit.
• Understands clients’ needs and requests, seeking clarification if required
• Exercises judgment to know when to speak to clients directly and when to use email.
• Liaising directly with trading desk and external clients for relevant closing documentation to support internal trade closing.
• Ensure that trade documents are prepared and executed appropriately, trades are booked in Loan IQ according to information on executed trade documents, and preparation of trades booked in Loan IQ.
• Ownership of the daily lifecycle of PAR loan trades coordinating the review and signing of loan documentation including trade confirmation, assignment and assumption agreements, funding memos, multilateral netting agreements, participation, termination, and elevations documents.
• Managing amendments, non-pro-rata pay downs, PIK events and restructurings, soliciting votes where appropriate, calculating pay downs and delayed compensation due on trades.
• Provide recurring and ad-hoc support to trading desk.
• Liaising with BU and FCG on query’s related to the traders P&L.
• Analyses problems to establish root causes and suggest clear, logical, and practical solutions based upon their analysis.
• Contributes to refining controls and continuously improving and reducing operational risk for their team.
• Manage multiple inboxes receiving client and investor inquiries to mitigate reputational and financial impact associated with delayed responses
• Work with internal teams for KYC and AML clearance, and account set up for external clients

Requirements:

• Knowledge of loans market preferred but not essential.
• Would benefit from LoanIQ experience
• Strong communication skills, both written and verbal.
• Demonstrates great attention to detail.
• Excellent organization skills, with the ability to work to tight deadlines, with an execution focused approach.
• A self-starter who takes individual ownership of their work quality and improvement.
• Analytical skills with ability to evaluate information gathered from multiple sources and reconcile variances.
• Great focus on risk management and escalation.

Don’t hesitate and miss this opportunity! Apply now!
We are committed to creating an inclusive recruitment experience. If you have a disability or long-term health condition and require adjustments to the recruitment process, our Adjustment Concierge Service is here to support you. Please reach out to us at adjustments@robertwalters.com to discuss further

• PAR trading assistant, maintaining ownership of a portfolio of trades from Trade date through to settlement date.
• Strong relationship building with the business unit.
• Understands clients’ needs and requests, seeking clarification if required
• Exercises judgment to know when to speak to clients directly and when to use email.
• Liaising directly with trading desk and external clients for relevant closing documentation to support internal trade closing.
• Ensure that trade documents are prepared and executed appropriately, trades are booked in Loan IQ according to information on executed trade documents, and preparation of trades booked in Loan IQ.
• Ownership of the daily lifecycle of PAR loan trades coordinating the review and signing of loan documentation including trade confirmation, assignment and assumption agreements, funding memos, multilateral netting agreements, participation, termination, and elevations documents.
• Managing amendments, non-pro-rata pay downs, PIK events and restructurings, soliciting votes where appropriate, calculating pay downs and delayed compensation due on trades.
• Provide recurring and ad-hoc support to trading desk.
• Liaising with BU and FCG on query’s related to the traders P&L.
• Analyses problems to establish root causes and suggest clear, logical, and practical solutions based upon their analysis.
• Contributes to refining controls and continuously improving and reducing operational risk for their team.
• Manage multiple inboxes receiving client and investor inquiries to mitigate reputational and financial impact associated with delayed responses
• Work with internal teams for KYC and AML clearance, and account set up for external client