Trust Administrator I - Structured

Job Title

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.

What You Will Be Doing

As Trust Administrator II, you will be responsible for reconciling and maintaining client data as well as reviewing 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
• Submitting ACH transfer instructions
• Opening and closing 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

What You Bring

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

Added Bonus If You Have

Trust system experience (CDO Suite, Solvas, etc.)

Understanding of syndicated loans, CLO / 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 :

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.

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

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.