Senior Trust Administrator - Middle Office

FIS

11d•$82,300 - $134,140

About The Position

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 is responsible for maintaining the books and records on behalf of collateral managers who have outsourced their middle office functions. The Senior Trust Administrator leads the team in reconciling and maintaining client data, as well as reviewing monthly and quarterly reports. Provide dedicated support to assigned Trust Account Manager(s) in the administration of structured finance accounts. Maintain ongoing communication with financial partners and trust clients to ensure high levels of service and client satisfaction. Investigate and resolve account discrepancies. Reconcile cash flows, accounts, and data sets. Perform fee-sharing calculations, including manual computations as needed. Maintain accurate and organized account documentation for both current and historical reference.

Requirements

Bachelor’s degree in business administration, finance or other related discipline, or the equivalent combination of education, training, and work experience.
Typically, at least 3 years of financial services experience, preferably in asset management.
Demonstrated expertise in performing cash reconciliations with a strong track record of accuracy and attention to detail in handling financial transactions.
Advanced proficiency in Microsoft Excel (including VLOOKUP functions) and the broader Microsoft Office suite.
Proven ability to identify, investigate, and resolve financial discrepancies, with experience in mentoring and training team members.
Excellent communication skills, with the ability to effectively engage with both technical and non-technical stakeholders and clients at all levels.

Nice To Haves

Knowledge of waterfall calculations and investor reporting.
Experience with trust administration systems such as CDO Suite, Solvas, or similar platforms.
Familiarity with syndicated loans, CLOs/CDOs, or corporate trust securities.

Responsibilities

Provide dedicated support to assigned Trust Account Manager(s) in the administration of structured finance accounts.
Maintain ongoing communication with financial partners and trust clients to ensure high levels of service and client satisfaction.
Investigate and resolve account discrepancies.
Reconcile cash flows, accounts, and data sets.
Perform fee-sharing calculations, including manual computations as needed.
Maintain accurate and organized account documentation for both current and historical reference.