Client Services Analyst III
Western Alliance Bank•Boston, MA
•Remote
About The Position
As a Trust Associate III you'll be responsible for working on client relationships and ensuring excellent client service and delivery to the client base. You'll be assigned a book of clients that are managing Collateral Loan Obligations (CLOs) and Leverage Finance Facilities. You'll also be working on day-to-day operations and reporting delivery to those clients. You'll need minimal supervision for all the day-to-day activities being executed and you'll manage deals independently.
Requirements
- 5+ years of related experience or similar field.
- High school diploma required
- Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
- Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Intermediate speaking and writing communication skills.
Nice To Haves
- Bachelor's degree in related field preferred.
- Intermediate to advanced TranStar experience preferred.
Responsibilities
- Responsible for creating technical report specifications from indenture language.
- Set up payment calculations in a variety of in-house systems.
- Receive, map, and reconcile periodic collateral data.
- Compile monthly, quarterly and annual payment and tax reports.
- Coordinate with operations teams to ensure correct payments are received and made.
- Perform quality control review of reports, meeting timeliness and accuracy standards.
- Perform portfolio compliance tests on a selection of structured fixed income deals (trade testing).
- Perform quality control review of reports, meeting timeliness and accuracy standards.
- Frequent interaction with asset managers, investors, auditors, and rating agencies.
- Responsible for ensuring excellent service delivery to a book of Loan Clients in the Corporate Trust business.
- Participate in new client proposals.
- Lead business-related projects.
- Make tax elections, file for EIN’s, and track residual holder transfers.
- Read and interpret trust indentures with regard to reporting requirements.
Benefits
- competitive salaries
- an ownership stake in the company
- medical and dental insurance
- time off
- a great 401k matching program
- tuition assistance program
- an employee volunteer program
- a wellness program
- opportunity to bolster business knowledge
- learning the ins and outs of how successful companies operate and manage their finances
- invaluable hands-on experience to help grow your career
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
High school or GED
