Investment Operations Associate

Connect Search, LLC
Chicago, IL

About the Firm

A credit-focused, opportunistic, multi-strategy investment manager led by an experienced principal team with deep collective tenure.


Key Responsibilities

  • Manage the firm's third-party trade settlements agent to facilitate timely trade settlements; assist with complex settlements, security restructures, exchanges, corporate actions, and investment elections
  • Manage and maintain trade settlement platforms including Aladdin, CTM, Alert, MarketAxess, Octaura, and Bloomberg — ensuring accurate trade matching, allocation, and settlement across multiple asset classes
  • Act as escalation contact for loan trade settlements; coordinate the trade settlement process for distressed products, loan participations, asset-backed securities, equities, trade claims, and derivatives
  • Interact with portfolio managers, traders, attorneys, accountants, custodians, fund administrators, agent banks, trading counterparties, and brokers to facilitate transaction processing
  • Research and resolve discrepancies related to trade economics including delayed compensation, cost of carry, fees, and net funding amounts
  • Collaborate with legal counsel on negotiation and execution of trade documentation including Trade Confirmations, Purchase and Sale Agreements, Assignment Agreements, Netting Agreements, Participation Agreements, Funding Memos, and Administrative Details Forms
  • Liaise with counterparties on KYC documentation including administrative details, tax documentation, and fund formation documents
  • Maintain accurate security reference data and document management, including tracking amendments and corporate actions
  • Support primary settlements through fund transfers, document verification, and loan agreement accuracy
  • Review and approve monthly and quarterly investor reporting
  • Support accounting team with reconciliations and discrepancy resolution
  • Contribute to operational initiatives including process improvements and procedural enhancements
  • Assist with monitoring investment compliance and operational controls


Qualifications

  • Bachelor's degree in finance, business, or related field
  • 5+ years of experience in a financial services role with exposure to loan operations and settlements
  • Deep understanding of syndicated and private loans, trade claims, derivatives, and security reference data
  • Familiarity with par and distressed loan documentation including Credit Agreements, Trade Confirmations, Assignment Agreements, and Purchase and Sale Agreements
  • Detail-oriented with a commitment to accuracy and compliance
  • Strong communication and team collaboration skills
  • Excellent analytical, technical, and problem-solving skills


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