Trust Administrator I - Structured

FIS

144d

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? Location Jacksonville, FL - Hybrid (3 days in office, 2 days virtual). 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. The Structured CLO/CDO team specializes in collateral administration, delivering services such as cash and data reconciliation, portfolio compliance testing, and payment calculation.

Requirements

• Bachelor’s degree in business administration, finance, 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.

Nice To Haves

• Trust system experience (CDO Suite, Solvas, etc.).
• Understanding of syndicated loans, CLO/CDOs, or corporate trust securities.

Responsibilities

• Reconcile and maintain client data as well as review monthly and quarterly financial reports.
• Provide administrative support to assigned Trust Account Manager(s) in managing structured finance accounts.
• Maintain ongoing communication with financial partners and trust clients to ensure high levels of client satisfaction.
• Execute daily account operations, including posting incoming receipts, processing trade orders and check/wire requests, managing cash movements for distributions, responding to account inquiries, and submitting ACH transfer instructions.
• Open and close accounts.
• Investigate and resolve account discrepancies through detailed research and analysis.
• Reconcile cash flows, account balances, and data sets; calculate and validate fee-sharing data.
• Oversee the use and maintenance of systems supporting corporate trust account management.
• Maintain accurate and comprehensive documentation for both current and historical account monitoring.

Benefits

• A voice in the future of fintech.
• Always-on learning and development.
• Collaborative work environment.
• Opportunities to give back.
• Competitive salary and benefits.

What This Job Offers

• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees