Senior Operations Associate: Loan Settlements & Trade Ops

Taurus Search; Chicago (IL); On-site; USD 70,000 - 90,000; Full time

Job summary

Taurus Search is looking for a highly driven Senior Operations Associate in Chicago to take ownership of loan, trade settlement, and cash reconciliation functions. With a rapidly growing portfolio in Private Credit management at nearly $30B in AUM, your expertise will be pivotal in executing trade settlements across various loan types and managing cash reconciliations.

The ideal candidate should possess 3-6 years of experience in loan operations and have direct experience with tools like ClearPar and Wall Street Office. This position also involves oversight of junior analysts, offering scope for leadership.

Qualifications

• 3–6 years in loan operations or fund operations.
• Experience in both loan agency and asset management roles is a huge advantage.
• Hands-on experience with trade settlement processes.

Responsibilities

• Execute and manage trade settlements for various loans and derivatives.
• Own cash and position reconciliations across multiple parties.
• Coordinate deal funding and verify necessary documentation.
• Review and negotiate trade documentation.
• Serve as the point of contact for external agents.
• Manage KYC documentation packages and support accounting reconciliation.
• Provide oversight to a junior analyst.

Skills

Loan operations experience

Direct experience with ClearPar

Knowledge of Wall Street Office

Ability to interpret credit agreements

Cash and position break resolution

Job description

Taurus Search is looking for a highly driven Senior Operations Associate in Chicago to take ownership of loan, trade settlement, and cash reconciliation functions. With a rapidly growing portfolio in Private Credit management at nearly $30B in AUM, your expertise will be pivotal in executing trade settlements across various loan types and managing cash reconciliations.

The ideal candidate should possess 3-6 years of experience in loan operations and have direct experience with tools like ClearPar and Wall Street Office. This position also involves oversight of junior analysts, offering scope for leadership.