Associate, Settlements - Insurance Solutions

Blue Owl Capital Holdings LLC; Chicago (IL); On-site; USD 100,000 - 110,000; Full time

Job summary

Blue Owl Capital Holdings LLC in Chicago is seeking an experienced Investment Operations professional to support deal teams in the settlement of public and private investment transactions, leveraging BlackRock Aladdin to book trades and monitor activity.

The role focuses on streamlining capital calls, complex transfers of private credit investments, and ensuring accurate settlement across platforms, with a base salary range and opportunities for a discretionary bonus.

Qualifications

• 3+ years of experience in investment operations.
• Experience supporting public or private credit and alternative investments.

Responsibilities

• Support deal teams in the settlement of public and private investment transactions.
• Book trades and monitor settlement workflows using BlackRock Aladdin.
• Coordinate with custodians, portfolio managers, treasury, legal, and investment accounting teams to settle transactions.
• Manage capital calls processing and ensure transaction integrity across platforms.
• Lead complex transfer and re-registration of private credit investments.
• Oversee CTM trade matching and DTC settlements for timely settlements.
• Gather, validate, and distribute corporate action information and coordinate upcoming events.
• Develop, document, and improve operational procedures to mitigate risk.

Skills

Investment operations

Education

Bachelor's degree in Finance/Accounting/Business Administration

Job description

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With over $319 billion in assets under management as of June 30, 2026, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation. Together with over 1,380 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com

Responsibilities

Support deal teams in the settlement of public and private investment transactions. Utilize BlackRock Aladdin (order management system) to book trades, maintain transaction records, monitor investment activity, and support settlement workflows. Partner with internal and external parties such as custodians, portfolio managers, treasury, legal, and investment accounting teams to facilitate efficient transaction settlement and resolve operational issues. Manage the timely and accurate processing of capital calls while ensuring transaction integrity across various investment platforms and internal systems. Lead complex transfer and re-registration activities of private credit investments, including pre-transfer reconciliations, transfer bookings, wire instruction and re-registration updates, and post-transfer record maintenance. Manage all operational aspects of public markets trading, including CTM trade matching, exception resolution, and coordination of DTC settlements to ensure timely and accurate trade execution. Serve as a central point of contact for ad-hoc operational inquiries and cross-functional communication. Gather, validate, and distribute corporate action information while coordinating the timely execution of upcoming events. Develop, document, and enhance operational procedures to improve efficiency, strengthen controls, and mitigate operational risk.

Preferred Qualifications

Preferred Qualifications Bachelor's degree in Finance, Accounting, Business Administration, or a related field. 3 plus years of experience in investment operations. Experience supporting public or private credit and alternative investments. It is expected that the base annual salary range for this Chicago based position will be $100,000 - $110,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance. Blue Owl is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With over $319 billion in assets under management as of June 30, 2026, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation. Together with over 1,380 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com