What are the responsibilities and job description for the Associate, Trade Closer position at IHS Markit?
Markit Loan Settlement is part of the processing division within IHS Markit – and is the world’s leading loans solution provider.
ClearPar is the first fully operational provider of par and distressed loan closing and recordkeeping services for the primary and secondary par loan markets. Through a unique combination of experienced personnel and electronic processing, hardware and software, ClearPar has built a single platform system to address market demands for efficient settlement of par loan closings.
IHS Markit is seeking a professional person who will be located within the Congers NY office supporting the Loan Platforms business. The associate will be part of a dynamic team, responsible for all closing related functions on the Loan Settlement Team which primarily supports LSTA/LMA primary and secondary loan trades.
In this role, you will gain exposure to an exciting financial market and interact, on a daily basis with clients of varying levels of seniority. This is an exciting opportunity to learn about finance, banking and high-technology.
Duties & accountabilities
- Closing duties, trade support. Responsible for accurate review and circulation of trade confirmations, assignment agreements, multilateral agreements, netting agreements and funding memos to ensure all facts and data are accurate for trade closing of syndicated facilities
- Pro-actively escalate issues and work with peers and management on a resolution
- Closing process of all primary and secondary par loan transactions must adhere to LSTA/LMA standards
- Be pro-active in identifying problems on a trade and either resolving or escalating them
- Capture and channel user feedback to the management team in order to facilitate the continuous improvement of our products and services
- Projects as requested by team leader
Education & experience
- Bachelor’s Degree preferred
- Experience within the financial industry would be preferred, but not a requirement
- Examples of strong teamwork
Commercial awareness
- Ability to think laterally and analyse and question processes
- Proficient in MS office
- Ability to identify and escalate issues or concerns
- Excellent prioritization skills a requirement
- Eager to learn with strong analytical and problem-solving abilities
- Great organizational skills is a requirement
- Must be able handle stressful customer situations with patience and poise
- Proficient PC skills, especially in Microsoft Word and Excel.
- Demonstrated knowledge and experience in working with internet-based applications
- Ability to review processes and suggest improvements
- Mature and independent. Able to work effectively with minimal supervision
- Ability to adapt quickly to changes in workflow and work effectively in a dynamic environment
- Possess a practical approach to problem solving
- Strong team ethic a requirement
- Possess excellent interpersonal communication skills and a professional telephone manner for a global team and client base
- Ability to converse with differing levels of seniority both internally and externally
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For information please click on the following links:
IHS Markit Business Code of Conduct
Right to Work
EEO is the Law
EEO is the Law Supplement
Pay Transparency
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Current Colleagues
If you are currently employed by IHS Markit, please apply internally via the Workday internal careers site.