Trust Administrator II - Middle Office

FIS • Houston, TX

288d • $68,720 - $112,000

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? 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.

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

Responsibilities

• Maintain the books and records for collateral managers that have outsourced middle office operations.
• Reconcile and maintain data on the client's behalf.
• 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 including posting receipts, entering trade orders and check/wire requests, and raising cash for distributions.
• Handle account inquiries and submit ACH transfer instructions.
• Open/close accounts and research account discrepancies.
• Reconcile various cash flows, accounts, data sets, and 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.

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

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree