Associate, Settlements - Insurance Solutions
About The Position
The Associate, Settlements supports the settlement of public and private investment transactions for Blue Owl’s Insurance Solutions. The role uses BlackRock Aladdin to book trades, maintain transaction records, monitor investment activity, and support settlement workflows. It coordinates with internal and external stakeholders to facilitate settlement, resolve operational issues, and maintain accurate transaction records across investment platforms and internal systems. The position manages operational processes for private credit transfers and re-registrations, public markets trading, capital calls, and corporate actions. It also serves as a central contact for operational inquiries and helps improve procedures, controls, and risk mitigation. The position is based in Chicago, with an expected base annual salary range of $100,000–$110,000. Employees may be eligible for a discretionary bonus based on individual and team performance.
Requirements
- At least 3 years of experience in investment operations.
Nice To Haves
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
- Experience supporting public or private credit and alternative investments.
Responsibilities
- Support deal teams in settling public and private investment transactions.
- Use BlackRock Aladdin to book trades, maintain transaction records, monitor investment activity, and support settlement workflows.
- Coordinate with custodians, portfolio managers, treasury, legal, and investment accounting teams to facilitate settlement and resolve operational issues.
- Manage timely and accurate processing of capital calls and maintain transaction integrity across investment platforms and internal systems.
- Lead transfers and re-registrations of private credit investments, including pre-transfer reconciliations, transfer bookings, wire instruction and re-registration updates, and post-transfer record maintenance.
- Manage operational aspects of public markets trading, including CTM trade matching, exception resolution, and coordination of DTC settlements.
- Serve as a central point of contact for ad hoc operational inquiries and cross-functional communication.
- Gather, validate, and distribute corporate action information and coordinate timely execution of upcoming events.
- Develop, document, and enhance operational procedures to improve efficiency, strengthen controls, and mitigate operational risk.
Benefits
- Employees may be eligible for a discretionary bonus based on individual and team performance.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
