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(more about Macquarie)
Senior Associate Market Operations
Join our Macquarie team as a Senior Associate in our New York or Houston office. In this role, you will be primarily responsible for providing settlement services for numerous front-end Commodities and Global Markets businesses and sales teams.
Responsibilities will include:
- Initiation of movements across customer accounts held with the bank
- Loan processing and Invoicing
- Set up of static loan data
- Nostro account management
- Issuing new and amended Letters of Credit
- Handling of both physical and electronic title documents
- Validating and settling physical commodity transactions
- Reconciliation of collateral and inventory positions
- Borrowing base validations
- Liaising with different areas of the bank. i.e., Front Office, Legal, Credit, IT and market operation colleagues
- Implementing current market practice procedures
- Contribute to our Operational Excellence Program
To be successful in this role the candidate should have:
- Previous experience in dealing with loan administration and collateral management
- Ability to develop strong customer relationships
- Exposure across a broad range of commodity products, Agriculture, Energy and Metals
- Experience of working in a busy team environment
- Demonstrate leadership ability
- Strong problem-solving skills
- Understand bank account management and reconciliation
- Ability to initiate and incorporate update procedures
- Ability to work under pressure in a fast-paced environment
- Have a desire to innovate and automate and innovate
- Excellent communication skills – written, verbal and direct contact
- Strong Microsoft Excel and Word experience
- Exposure to Alteryx and Power BI (not essential but a huge plus)
- Right Angle experience (not essential but a huge plus)
- Loan IQ Experience (not essential, but a huge plus)
- Understand Borrowing Bases (not essential but a huge plus)
Salary range for this position: $60,000-$90,000 per year. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location. The successful candidate may also be eligible for an annual discretionary incentive compensation award. Macquarie offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.
About the Corporate Operations Group
The Corporate Operations Group brings together specialist support services in Digital Transformation & Data, Technology, Operations, Human Resources, Business Services, Corporate Strategy & Solutions, and the Macquarie Group Foundation. We deliver service excellence to ensure Macquarie is open for business, deliver on transformational change, invest in our people and have deep relationships with our customers.
Our commitment to Diversity, Equity and Inclusion
The diversity of our people is one of our greatest strengths. An inclusive and equitable workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of ‘empowering people to innovate and invest for a better future’, we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.
All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.
We equip our people with the support to work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.
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