AVP/VP, US Loan Closing/Settlements

WhiteCap Search; New York (NY); On-site; USD 300,000 - 600,000; Full time

Job summary

Whitecap Search is seeking a senior leader to oversee U.S. loan closing and settlement activities across a global credit platform.

You will manage the operating model, controls, and execution of syndicated loan settlements, while leading a hybrid team of internal professionals and outsourced providers. You will serve as the senior escalation point for high-risk, time-sensitive closings and drive initiatives to enhance accuracy, efficiency, and scalability.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics required.
• MBA, CFA, CPA or equivalent credential is a plus.
• 7 years of investment operations experience.
• Expert-level knowledge of syndicated loan closings and settlement practices, including ClearPar workflows.
• Advanced proficiency with WSO Admin; familiarity with Allvue/Black Mountain, Everest, Geneva, and IVP preferred.
• Strong understanding of loan documentation, trade mechanics, and funding processes across leveraged loans, private credit, and CLO structures.
• Proven ability to manage high-volume pipelines, tight deadlines, and complex counterparties.
• Experience leading teams, overseeing third-party providers, and interacting with senior stakeholders.

Responsibilities

• Own the end-to-end U.S. loan settlement function, ensuring timely, accurate, and risk-controlled execution across asset classes.
• Lead, mentor, and develop a high-performing settlement team; oversee outsourced/nearshore closing providers and manage SLA performance.
• Serve as the senior escalation point for high-risk, high-touch, or time-sensitive closings.
• Represent the loan settlements function in audit, compliance, risk, and regulatory reviews, ensuring a strong control environment.
• Partner with Legal, Trading, Portfolio Management, Treasury, Accounting, and Compliance to ensure seamless trade lifecycle execution.
• Serve as senior escalation point for complex settlement-related breaks; personally manage high-touch transactions through resolution.

Skills

Leadership

Stakeholder management

Communication

Attention to detail

Problem solving

Execution

Education

Bachelor’s degree in Finance, Accounting, Economics

MBA, CFA, CPA preferred

Tools

ClearPar

WSO Admin

Allvue

Black Mountain

Everest

Geneva

IVP

Job description

Whitecap Search is seeking a senior leader to oversee U.S. loan closing and settlement activities across a global credit platform.

• Manage the operating model, controls, and execution of syndicated loan settlements.
• Lead a hybrid team of internal professionals and outsourced providers.
• Serve as the senior escalation point for complex transactions.
• Drive initiatives to enhance accuracy, efficiency, and scalability of settlement operations.
• Requires deep expertise in the loan market and strong leadership skills.

Summary

Whitecap Search is seeking a senior leader to oversee U.S. loan closing and settlement activities across a global credit platform.

• Manage the operating model, controls, and execution of syndicated loan settlements.
• Lead a hybrid team of internal professionals and outsourced providers.
• Serve as the senior escalation point for complex transactions.
• Drive initiatives to enhance accuracy, efficiency, and scalability of settlement operations.
• Requires deep expertise in the loan market and strong leadership skills.

Location

New York, NY

Leadership & Oversight

• Own the end-to-end U.S. loan settlement function, ensuring timely, accurate, and risk-controlled execution across asset classes.
• Lead, mentor, and develop a high-performing settlement team; oversee outsourced/nearshore closing providers and manage SLA performance.
• Serve as the senior escalation point for high-risk, high-touch, or time-sensitive closings.
• Represent the loan settlements function in audit, compliance, risk, and regulatory reviews, ensuring a strong control environment.

Operational Execution & Governance

• Lead secondary loan closings (par and distressed) using ClearPar and internal systems.
• Oversee booking, data integrity, and cash/position accuracy in WSO Admin and related platforms.
• Define and maintain standard operating procedures, workflow governance, and internal control frameworks.
• Monitor daily settlement pipelines, identify funding risks, and proactively mitigate operational and liquidity impacts.
• Partner with Legal, Trading, Portfolio Management, Treasury, Accounting, and Compliance to ensure seamless trade lifecycle execution.
• Serve as senior escalation point for complex settlement-related breaks; personally manage high-touch transactions through resolution.

Strategy, Process Improvement & Technology

• Drive the operational strategy for loan settlements, including process redesign, KPI frameworks, and automation initiatives.
• Collaborate with Technology and external vendors on system enhancements, integrations, and workflow optimization.
• Lead cross-functional initiatives to improve scalability as the firm grows its credit platform.
• Develop and deliver executive-level reporting on settlement performance, aged items, and pipeline health.

RequirementsEducation

• Bachelor’s degree in Finance, Accounting, Economics, or related field required.
• MBA, CFA, CPA, or equivalent professional credential is a plus.

Experience Required

• 7 years of investment operations experience at a buy-side investment manager or comparable environment.
• Expert-level knowledge of syndicated loan closings and settlement practices, including ClearPar workflows.
• Advanced proficiency with WSO Admin; familiarity with Allvue/Black Mountain, Everest, Geneva, and IVP preferred.
• Strong understanding of loan documentation, trade mechanics, and funding processes across leveraged loans, private credit, and CLO structures.
• Proven ability to manage high-volume pipelines, tight deadlines, and complex counterparties.
• Experience leading teams, overseeing third-party providers, and interacting with senior stakeholders.

Core Competencies

• Exceptional communication skills—able to coordinate effectively across front office, internal teams, counterparties, and custodians.
• Strong leadership presence with the ability to influence, prioritize, and make decisions under pressure.
• High attention to detail with a hands-on, execution-focused mindset.
• Analytical and process-oriented, with a track record of driving operational improvements.
• Strong judgment regarding issue escalation vs. independent problem solving.
• Ability to thrive in a fast-paced environment with evolving priorities and deal flow.
• Comfortable working in the details while maintaining a firmwide strategic perspective.

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.