Lead, BPS Middle Office – Shape the Future of Fintech with FIS

Are you a seasoned financial services professional with a passion for structured finance and a knack for leadership? Do you thrive in a dynamic environment where you can make a real impact? If so, FIS is looking for a Lead, BPS Middle Office to join our Virtus team and help us revolutionize the world of fintech.

Role Overview

As a Lead, BPS Middle Office, you will be at the forefront of our alternative investment services, managing critical middle office functions for our clients. You will oversee the administration of collateral and syndicated loan portfolios, ensuring accuracy, efficiency, and compliance. This role is perfect for someone with a strong understanding of CLOs/CDOs, syndicated loans, and other complex financial instruments, coupled with the leadership skills to guide a team to success.

You will be the primary point of contact for assigned clients, building strong relationships and providing exceptional service. Your responsibilities will include managing cash flows, performing reconciliations, settling trades, executing waterfall payments, generating reports, and conducting compliance testing. You will also be responsible for resolving complex issues, identifying process improvements, and contributing to the overall success of the team.

A Day in the Life

Here’s a glimpse into what a typical day might look like:

• Morning: Start your day by reviewing client portfolios, checking for any discrepancies or outstanding issues. Address any urgent requests from clients or internal teams.
• Mid-day: Manage cash flows and perform reconciliations, ensuring all transactions are accurately recorded. Execute waterfall payments and generate reports for clients.
• Afternoon: Conduct compliance testing to ensure adherence to regulatory requirements. Participate in client meetings and presentations.
• Late Afternoon: Work with team members to resolve complex issues and identify process improvements. Delegate assignments and provide guidance to junior team members.

Why [Location]?

This position offers the flexibility to work virtually from Houston, Texas; Charlotte, North Carolina; or Pittsburgh, Pennsylvania. Each of these locations provides access to a vibrant financial services community and offers a high quality of life. Houston, with its thriving energy sector, is a hub for innovation and growth. Charlotte, known as the “Queen City,” boasts a strong banking presence and a growing fintech scene. Pittsburgh, a city of innovation, offers a diverse economy and a rich cultural heritage. Working virtually allows you to enjoy the benefits of these locations while contributing to a global organization.

Career Path

At FIS, we are committed to providing our employees with opportunities for growth and advancement. As a Lead, BPS Middle Office, you can advance your career by taking on more complex client relationships, leading larger teams, or specializing in a particular area of structured finance. You may also have the opportunity to move into management roles, such as Team Lead or Department Manager. FIS offers a comprehensive training and development program to help you reach your full potential.

Salary & Benefits

FIS is committed to providing its employees with a competitive compensation package. The salary range for this position is estimated between $85,000 and $130,000 annually, depending on experience and location. In addition to salary, FIS offers a comprehensive benefits package, including:

• Comprehensive health insurance coverage (medical, dental, and vision)
• Generous paid time off (PTO) policy, including vacation, sick leave, and holidays
• 401(k) retirement savings plan with company match
• Employee stock purchase plan (ESPP)
• Life insurance and disability coverage
• Flexible spending accounts (FSAs) for healthcare and dependent care expenses
• Health savings account (HSA) options
• Wellness programs and resources to support employee health and well-being
• Employee assistance program (EAP) for confidential counseling and support
• Professional development opportunities, including training programs and tuition reimbursement

FIS Culture

At FIS, we foster a collaborative and inclusive work environment where everyone feels valued and respected. We are committed to diversity and inclusion, and we believe that our differences make us stronger. We encourage our employees to bring their whole selves to work and to share their unique perspectives. We also offer opportunities for employees to participate in community service and volunteer events.

How to Apply

If you are ready to take the next step in your career and join a dynamic team at FIS, we encourage you to apply today. Simply click on the “Apply Now” button to submit your application. Please include a resume and cover letter highlighting your qualifications and experience.

FAQ

1. What are the key responsibilities of a Lead, BPS Middle Office?
   The key responsibilities include managing daily transaction processing, providing support to clients, resolving complex issues, ensuring high-quality service delivery, and overseeing the administration of collateral and syndicated loan portfolios.
2. What qualifications are required for this role?
   A bachelor’s degree in business administration or finance is required, along with 4+ years of experience in financial services and 1+ years of leadership experience.
3. What skills are essential for success in this role?
   Essential skills include knowledge of structured finance, expertise in CLOs/CDOs and syndicated loans, hands-on experience in cash reconciliations and waterfall calculations, and strong communication and interpersonal skills.
4. What is the career path for this role?
   Potential career paths include taking on more complex client relationships, leading larger teams, specializing in a particular area of structured finance, or moving into management roles.
5. What is the salary range for this position?
   The salary range is estimated between $85,000 and $130,000 annually, depending on experience and location.
6. What benefits does FIS offer?
   FIS offers a comprehensive benefits package, including health insurance, paid time off, a 401(k) plan, an employee stock purchase plan, and more.
7. What is the work environment like at FIS?
   FIS fosters a collaborative and inclusive work environment where everyone feels valued and respected.
8. What opportunities are there for professional development at FIS?
   FIS offers a comprehensive training and development program to help employees reach their full potential.
9. How can I apply for this position?
   Simply click on the “Apply Now” button to submit your application.
10. Is this role remote?
    Yes, this role is virtual and can be performed from Houston, Texas; Charlotte, North Carolina; or Pittsburgh, Pennsylvania.