At a Glance
- Tasks: Manage collateral portfolios and ensure accurate financial processing.
- Company: Join FIS, a leader in fintech innovation and diversity.
- Benefits: Competitive salary, continuous learning, and a collaborative work culture.
- Why this job: Shape the future of fintech while making a real impact.
- Qualifications: Bachelor’s degree in finance or business and relevant industry experience.
- Other info: Dynamic team with opportunities for growth and community involvement.
The predicted salary is between 36000 - 60000 £ per year.
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 maintains the books and records for collateral managers that have outsourced middle office operations.
- As the primary point of contact, the Trust Account Manager administers collateral/syndicated loan portfolios, including cash flows, reconciliations, trade settlements, waterfall payments, reporting, and compliance testing.
- Oversee daily transaction & reporting activity of assigned outsourcing relationships.
- Support personnel at client institutions in day-to-day routines and financial processing.
- Solve complex problems through research and/or communications with clients, liaisons, and internal teams.
- Guarantee quality service levels, perform daily servicing activities, ensuring timeliness and accuracy.
What You Bring
- Bachelor’s degree in business administration or finance, or equivalent combination of education, training, and work experience.
- Typically, at least 4 years of financial services industry experience in managing institutional assets, and one or more years of leadership responsibility.
- Knowledge/experience with structured finance, preferably CLO/CDOs, syndicated loans, or corporate trust securities, as well as trust systems.
- Understanding and direct work experience with cash reconciliations, waterfall calculations, compliance testing, financial transaction processing, data analysis, and reporting.
- Ability to establish and maintain effective working relationships with all levels of management, colleagues, and clients (internal & external).
What We Offer You
A career at FIS is more than just a job. It’s the chance to shape the future of fintech. At FIS, we offer you:
- A voice in the future of fintech.
- Always-on learning and development.
- Collaborative work environment.
- Opportunities to give back.
- Competitive salary and benefits.
CLO Middle Office in City of London employer: FIS
Contact Detail:
FIS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land CLO Middle Office in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the fintech industry, especially those working at FIS or similar companies. Use LinkedIn to connect and engage with them; you never know who might help you land that interview!
✨Tip Number 2
Prepare for your interviews by researching FIS and the Middle Office Team. Understand their services and how they impact clients. This will show your genuine interest and help you stand out during the conversation.
✨Tip Number 3
Practice your problem-solving skills! Since the role involves solving complex issues, think of examples from your past experiences where you tackled challenges effectively. Be ready to share these stories during interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the FIS team and making an impact in the fintech world.
We think you need these skills to ace CLO Middle Office in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the CLO Middle Office role. Highlight relevant experience in financial services, especially anything related to structured finance or asset management. We want to see how your background aligns with what we do at FIS!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about fintech and how your skills can contribute to our team. Be sure to mention specific experiences that relate to the job description.
Showcase Your Problem-Solving Skills: In your application, don’t forget to highlight instances where you’ve solved complex problems, especially in financial contexts. We love candidates who can think critically and communicate effectively with clients and teams.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining the FIS family!
How to prepare for a job interview at FIS
✨Know Your Stuff
Make sure you brush up on your knowledge of structured finance, especially CLO/CDOs and syndicated loans. Familiarise yourself with the key terms and processes like cash reconciliations and waterfall calculations. This will show that you're not just interested in the role but also understand the industry.
✨Showcase Your Problem-Solving Skills
Be prepared to discuss specific examples where you've solved complex problems in your previous roles. Think about times when you had to communicate with clients or internal teams to resolve issues. This will demonstrate your ability to handle the challenges that come with managing institutional assets.
✨Build Rapport
Since the role involves maintaining relationships with various stakeholders, practice how you can establish rapport quickly. During the interview, engage with your interviewers, ask questions, and show genuine interest in their experiences at FIS. This will help you stand out as a candidate who values collaboration.
✨Prepare Questions
Have a list of thoughtful questions ready to ask at the end of your interview. Inquire about the team dynamics, the challenges they face, or how success is measured in the Middle Office Team. This shows that you're proactive and genuinely interested in contributing to their goals.