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Trade Support Specialist Loan Trading (Middle Office)

Veterans Sourcing Group

Newark, DE

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JOB DETAILS
SALARY
SKILLS
Administrative Skills, Analysis Skills, Banking Operations, Communication Skills, Customer Relations, Detail Oriented, Finance, Identify Issues, Know Your Customer (KYC), Legal, Legal Documents, Loan Documents, Loan Operations, Loan Review, Loans, Management of Information Systems/Technology (MIS), Metrics, Microsoft Excel, Microsoft Office, Microsoft PowerPoint, Microsoft Word, Multitasking, Onboarding, Problem Solving Skills, Risk, Stock Market, Support Documentation, Time Management, Wholesale Industry
LOCATION
Newark, DE
POSTED
30+ days ago
JOB DESCRIPTION

Job Title: Trade Support Specialist Loan Trading (Middle Office)
Pay Rate: $26.42/hr W2
Duration: 3 Months (Right-to-Hire Opportunity)
Location: Newark, DE (Onsite)
Schedule: Monday Friday, 8:00 AM 5:00 PM (OT as needed based on volume)
Work Setup: 100% Onsite

Important Notes
  • Not eligible for employer-sponsored immigration support
  • Entry-level candidates / fresh graduates welcome
  • Degree preferred (not mandatory)
  • Interview Process: 1 Round (Zoom; Panel Hiring Manager + Peer Manager)

Job Summary
The Trade Support Specialist will be part of the Wholesale Lending Services (WLS) Middle Office, supporting loan trading documentation and settlement activities. This role focuses on managing primary loan assignments, reviewing legal documents, and coordinating with internal and external stakeholders to ensure accurate and timely trade settlements.

Key Responsibilities
  • Coordinate and settle primary loan assignments with front office, clients, and operations
  • Build and maintain strong relationships with clients and counterparties
  • Manage high-volume trade portfolio while maintaining clean ageing metrics
  • Review LSTA documents, credit agreements, and legal documentation
  • Analyze assignability clauses within credit agreements
  • Identify and escalate issues to front office, legal, and management teams
  • Prepare daily/weekly MIS reports to track trade status and risk
  • Support trade closing and settlement processes across multiple business lines

Required Qualifications
  • Bachelor's Degree OR equivalent experience
  • Proficiency in Microsoft Office (Excel, Word, PowerPoint)
  • Strong communication skills (email-heavy + client interaction)
  • Strong analytical and problem-solving skills
  • Ability to work in a fast-paced, high-pressure environment
  • Strong time management and multitasking abilities

Preferred Qualifications
  • Experience with syndicated loans (highly preferred)
  • Familiarity with LoanIQ, ClearPar or similar systems
  • Knowledge of loan products or trading operations
  • Exposure to KYC / onboarding processes
  • Relevant coursework in finance, banking, or operations

Top Skills
  • Strong communication (internal + external stakeholders)
  • Time management and ability to meet deadlines
  • Eagerness to learn and adapt quickly

Red Flags to Screen
  • Large unexplained employment gaps
  • Lack of adaptability or communication skills

Ideal Candidate Profile
  • Entry-level or early-career candidate with interest in loan operations / financial markets
  • Strong Excel and data-handling skills
  • Comfortable working in a data-heavy, operations environment
  • Proactive, detail-oriented, and team-focused

About the Team
Wholesale Lending Services (WLS) provides end-to-end loan lifecycle support including origination, trade settlement, servicing, and credit operations. The Loan Trading Documentation team supports North America Credit Trading and syndicated finance businesses.

About the Company

V

Veterans Sourcing Group