JOBSEARCHER

Senior Operations Associate

URGENT NEED!! June/July Start A highly regarded Private Credit manager in Chicago, presently scaling to nearly $30B in AUM across complex credit strategies following their largest investment close to date. They are looking for a highly driven Senior Operations Associate equipped to take ownership of their entire loan, trade settlement, and cash recon function.Responsibilities:Execute and manage trade settlements across broadly syndicated loans, private loans, ABS, and derivativesOwn cash and position reconciliations across custodians, fund administrators, and internal systems; identify and resolve breaksCoordinate deal funding: wire execution, fund transfers, and documentation verification at closeReview and negotiate trade documentation including Purchase and Sale Agreements, Assignment Agreements, Participation Agreements, and Funding MemosServe as the POC for external agents: banks, counterparties, custodians, and fund admins on ongoing loan activityManage KYC documentation packages, administrative details, tax forms, fund formation docsSupport the accounting team on transaction reconciliation and discrepancy resolutionProvide oversight and supervision to a junior analyst. Qualifications:3–6 years in loan operations, fund operations role (a combination of loan agency/fund administrator and asset management experience is a HUGE advantage)Direct, hands-on experience with ClearPar for BSL trade settlementWorking knowledge of Wall Street Office (WSO) for loan lifecycle managementAbility to read and interpret credit agreements, PSAs, and assignment documentation without legal hand-holdingExperience resolving cash and position breaks across multiple custodians or fund admins simultaneously