Senior Trust Administrator - Middle Office
Job Description
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• Maintain accurate and organized account documentation for both current and historical reference.
What You Bring
• 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.
Added Bonus If You Have
• 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.
What We Offer You
A career at FIS is more than just a job. It’s the change 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
#Virtus
FIS is committed to providing its employees with an exciting career opportunity and competitive compensation. The pay range for this full-time position is $82,300.00 - $134,140.00 and reflects the minimum and maximum target for new hire salaries for this position based on the posted role, level, and location. Within the range, actual individual starting pay is determined by additional factors, including job-related skills, experience, and relevant education or training. Any changes in work location will also impact actual individual starting pay. Please consult with your recruiter about the specific salary range for your preferred location during the hiring process.
Privacy Statement
FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.
EEOC Statement
FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here
For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.
Sourcing Model
Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.
#pridepass
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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.
What You Bring
• 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.
Added Bonus If You Have
• 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.
What We Offer You
A career at FIS is more than just a job. It’s the change 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
#Virtus
FIS is committed to providing its employees with an exciting career opportunity and competitive compensation. The pay range for this full-time position is $82,300.00 - $134,140.00 and reflects the minimum and maximum target for new hire salaries for this position based on the posted role, level, and location. Within the range, actual individual starting pay is determined by additional factors, including job-related skills, experience, and relevant education or training. Any changes in work location will also impact actual individual starting pay. Please consult with your recruiter about the specific salary range for your preferred location during the hiring process.
Privacy Statement
FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.
EEOC Statement
FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here
For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.
Sourcing Model
Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.
#pridepass
Apply tot his job
Apply To this Job