Fund Operations Analyst - Sponsor Finance
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. Private Credit Expertise 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 Operational Experience 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. Process Optimization Identify inefficiencies and implement scalable solutions to improve accuracy, speed, and transparency across operational functions. Trade Settlement 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 Third-Party Administrator and Custodian Interaction 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. Supplier Management and Onboarding 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.
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.
Nice To Haves
- Back-end operational experience in workout / restructuring situations will be viewed as a positive.
- Hands-on experience with ClearPar platform for trade affirmation and settlement.
- Strong understanding of private credit markets, including direct lending, CLOs, SMA’s, and credit funds
- Familiarity with credit documentation, covenant structures, and borrower reporting
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.
- 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
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
