Position Type :

Full time

Type Of Hire :

Experienced (relevant combo of work and education)

Education Desired :

Bachelor of Business Administration

Travel Percentage :

0%

Job Description

We are FIS. Our technology powers the world’s economy and our teams bring innovation to life. We champion diversity to deliver the best products and solutions for our colleagues, clients, and communities. If you’re ready to start learning, growing, and making an impact with a career in fintech, we’d like to know: Are you FIS?

About the Team

Virtus from FIS is a leading provider of alternative investment services and technology solutions, specializing in delivering comprehensive front, middle, and back-office services to asset managers, banks, and other institutional investors. Virtus helps its clients manage their alternative investment portfolios, including CLO/CDOs, private equity, hedge funds, and other alternative assets.

What You Will Be Doing

The Middle Office Team maintains the books and records for collateral managers that have outsourced middle office operations. As Trust Administrator II, you will reconcile and maintain data on the client's behalf, as well as review monthly and quarterly reports.

Support assigned Trust Account Manager(s) in the administration of structured finance accounts

Interact in an ongoing relationship with associated financial partners and trust clients to ensure client satisfaction

Perform daily account activity:

Posting receipts

Entering trade orders and check/wire requests

Raising cash for distributions

Handle account inquiries

Submitting ACH transfer instructions

Open/close accounts

Research account discrepancies

Reconcile various cash flows, accounts, data sets, as well as calculate fee sharing data

Administer all systems related to the management of corporate trust accounts

Maintain all account documentation for current and historical monitoring of accounts

What You Bring

Bachelor’s degree in business administration, finance or other related discipline or the equivalent combination of education, training, and work experience

Typically, at least 2 years of professional, financial services industry experience

High level of proficiency in Microsoft Excel (VLOOKUPS) and working knowledge of Microsoft Office

Familiarity with calculating financial reconciliations

Ability to multi-task and interact well with team members and trust account managers

Added Bonus If You Have

Trust system experience (CDO Suite, Solvas, etc.)

Understanding and experience with syndicated loans, CLO/CDOs, or corporate trust securities

What We Offer You

A career at FIS is more than just a job. It’s the change to shape the future of fintech. At FIS, we offer you:

A voice in the future of fintechAlways-on learning and developmentCollaborative work environmentOpportunities to give backCompetitive salary and benefits

#LI-BS1 #Virtus

FIS is committed to providing its employees with an exciting career opportunity and competitive compensation. The pay range for this full-time position is $68,720.00 - $112,000.00 and reflects the minimum and maximum target for new hire salaries for this position based on the posted role, level, and location. Within the range, actual individual starting pay is determined by additional factors, including job-related skills, experience, and relevant education or training. Any changes in work location will also impact actual individual starting pay. Please consult with your recruiter about the specific salary range for your preferred location during the hiring process.

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here

For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

#pridepass