Senior Operations Associate

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.

• Execute and manage trade settlements across broadly syndicated loans, private loans, ABS, and derivatives
• Own cash and position reconciliations across custodians, fund administrators, and internal systems; identify and resolve breaks
• Coordinate deal funding:
  wire execution, fund transfers, and documentation verification at close
• Review and negotiate trade documentation including Purchase and Sale Agreements, Assignment Agreements, Participation Agreements, and Funding Memos
• Serve as the POC for external agents
  : banks, counter parties, custodians, and fund admins on ongoing loan activity
• Manage KYC documentation packages, administrative details, tax forms, fund formation docs
• Support the accounting team on transaction reconciliation and discrepancy resolution
• Provide oversight and supervision to a junior analyst.

• 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 Clear Par for BSL trade settlement
• Working knowledge of Wall Street Office (WSO) for loan lifecycle management
• Ability to read and interpret credit agreements, PSAs, and assignment documentation without legal hand‑holding
• Experience resolving cash and position breaks across multiple custodians or fund admins simultaneously