Fund Operations Analyst - Sponsor Finance

BMO • Chicago, IL

6d • $54,000 - $99,600

About The Position

BMO Sponsor Finance Asset Management is seeking a experienced, dynamic and strategic operations professional to join our growing Private Credit platform. This role is essential to ensure operational execution and risk management across a diverse portfolio of private credit investments. You will work closely with BMO Agency Operations, senior leadership, investment professionals, and external partners to optimize processes, enhance controls, and deliver best-in-class operational support.

Requirements

• 5+ years in operations within private credit, private equity, or alternative investments.
• Excellent understanding of loan documentation, settlement processes, and fund structures.
• Proven ability to work within a small team, manage complex projects, and influence cross-functional stakeholders.
• Exceptional problem-solving skills with a focus on continuous improvement.
• Clear and persuasive communicator with the ability to translate operational insights into strategic recommendations.
• Strong understanding of private credit markets, including direct lending, CLOs, SMA’s, and credit funds
• Familiarity with credit documentation, covenant structures, and borrower reporting
• Back-end operational experience in workout / restructuring credits

Nice To Haves

• Back-end operational experience in workout / restructuring situations will be viewed as a positive.

Responsibilities

• Oversee end-to-end operational workflows for private credit transactions, including loan settlements, cash management, and compliance monitoring.
• Coordinate with third-party administrators to onboard new SMA, private fund, and CLO accounts, ensuring accurate setup of accounts, loan positions, cash movements and reporting structures.
• Ensure accurate and timely portfolio data for performance reporting and investor communications.
• Review and validate key performance metrics such as IRR and MOIC.
• Maintain internal portfolio systems with up-to-date trade, borrower and valuation information.
• Identify inefficiencies and implement scalable solutions to improve accuracy, speed, and transparency across operational functions.
• Hands-on experience with ClearPar platform for trade affirmation and settlement.
• Ability to manage trade lifecycle from execution through settlement, ensuring accuracy and timeliness.
• Drafting and execution of investor funding memorandum
• Experience liaising with fund administrators for trade settlement, reconciliations, and investor reporting.
• Ownership of position‑level and cash‑level reconciliations across internal systems, agent banks, custodians, and third‑party administrators. This includes resolving discrepancies related to principal balances, PIK, fees, paydowns, amendments, restructurings, etc.
• Lead reconciliation processes following credit events, including amendments, restructurings, exchanges, and non‑accrual designations.
• Experience managing relationships with third-party suppliers, including onboarding and ongoing due diligence.
• Ability to coordinate internal assessments of vendors for compliance, operational risk, and performance.
• Manage invoice processing, including reviewing, approving, and ensuring timely payment of supplier invoices.
• Address and resolve supplier questions or concerns related to invoices and payment status.

Benefits

• BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.
• To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed