Loan Trading Settlement/Par Loan Closer, AVP

Mizuho Americas

3.6

(5)

Jersey City, NJ

Why you should apply for a job to Mizuho Americas:

  • 4.3/5 in supportive management
  • 80% say women are treated fairly and equally to men
  • 80% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Paid maternity leave is available from 1 month before the due date to 2 months after the due date.
  • Our Employee Resource Groups advance diversity & inclusion by encouraging colleagues to pursue programming that is purposeful & impactful.
  • Mizuho offers the option of flexible working hours, such as flextime and staggered working hours, to suit the needs of each workplace.
  • #R3620

    Position summary

    lyst to manage trade activity and settlements.

    • Coordinate amendment votes on pending trades and trade closings including preparation of detailed pricing calculation.

    • Maintain several document files.

    • Review credit agreements, specifically assignability language.

    • Identify and escalate issues to the traders, sales people, in-house legal counsel, account officers, and management, when necessary.

    • Prepare and maintain accurate daily reporting to track trade status reports, measure risk, and reconcile P&L monthly/quarterly reports.

    • Listen to quarterly LSTA Secondary Trading Settlement study and summarize important issues.

    • Provide guidance to account officers, customers & other groups relating LS&T processes.

    • Assist with KYC and tax form requests.

    • Perform ad-hoc projects, support team members for audits & other administrative duties.

    Qualifications:

    • Bachelor's degree

    • 5+ year experience closing secondary par and distressed loan trades

    • Experience with LSTA/LMA standard documentation and strong knowledge of the LSTA/LMA standard terms and conditions.

    • Proficiency with Microsoft Office Suite

    Preferred:

    • Familiarity with loan based software - ACBS, Clearpar, Wall Street Office, and deal sites.

    • Prior knowledge of loan products, trading operations, and syndicated loans

    Interpersonal and Business Skills:

    • Detail oriented and strong organizational skills

    • Excellent oral and written communication skills

    • Excellent analytical and critical thinking skills

    • Ability to work in a fast paced, high pressure environment and prioritize workload efficiently

    • Ability to take initiative and self-motivate as well as collaborate as part of a team

    The expected base salary ranges from $75,000 - $110,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

    #WayUp

    #Hybrid

    Other requirements

    Mizuho has in place a remote working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations.

    Company Overview

    Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. Mizuho's operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com.

    Mizuho Americas offers a competitive total rewards package.

    We are an EEO/AA Employer - M/F/Disability/Veteran.

    We participate in the E-Verify program.

    We maintain a drug-free workplace and perform pre-employment substance abuse testing.

    #LI-MIZUHO

    Why you should apply for a job to Mizuho Americas:

  • 4.3/5 in supportive management
  • 80% say women are treated fairly and equally to men
  • 80% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Paid maternity leave is available from 1 month before the due date to 2 months after the due date.
  • Our Employee Resource Groups advance diversity & inclusion by encouraging colleagues to pursue programming that is purposeful & impactful.
  • Mizuho offers the option of flexible working hours, such as flextime and staggered working hours, to suit the needs of each workplace.