Settlement Specialist

Golub Capital•Chicago, IL

3d•$65,000 - $110,000•Hybrid

About The Position

The Settlement Specialist role is part of the Operations Department, specifically within the Settlement & Funding Team. This team is responsible for the pre-closing process, including deal and fee structure, trade activity, document management, KYC, and settlement coordination. The Operations Team is crucial for maintaining data integrity within the investment portfolios and collaborates closely with various other departments such as Front Office, Treasury, Tax, and Fund Accounting.

Requirements

Bachelor’s degree required
Advanced proficiency with Microsoft Excel
Enthusiastic about working in office and creating a Gold Standard hybrid work culture

Nice To Haves

Experience with ClearPar and LSTA trade documentation preferred
Knowledge of Broadly Syndicated Loans
Experience reviewing legal documentation, specifically credit agreements
Experience pulling basic loan parameters from Credit Agreements (e.g., interest rates, amortizations)

Responsibilities

Handling loan trade settlements across multiple funds
Monitoring and coordinating daily cash flows between trustees and the Treasury Team
Creating and coordinating execution of trade documents (e.g., Assignment Agreements, Funding Memos and Trade Tickets)
Understanding trading specifics including delayed compensation, economic benefit and PIK
Working closely with Agents / Counterparties to ensure timely settlement
Confirming all required internal approvals have been received
Distributing settlement documents to all appropriate parties
Confirming cash disbursements have been made accurately
Understanding complex corporate structures for Know Your Customer (KYC) & Tax purposes
Coordinating requests for tax forms
Understanding incorporation documentation requirements
Bond settlement
Assisting with audit requests and special projects as needed
Updating procedures as needed