What are the responsibilities and job description for the Investment Operations, Loan Operations Associate - Short Hills, NJ position at Blue Owl Capital?
Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.
With over $250 billion in assets under management as of December 31, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Assets. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.
Together with over 1,100 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.
Blue Owl is seeking an energetic Loan Professional in Investment Operations responsible for supporting the end-to-end loan cycle in private and liquid credit from origination of the loan to buying and selling in the primary and secondary market. This role plays a key part in maintaining operational excellence while supporting the organizations’ s fast growing lending space. The ideal candidate can multi-task in a fast-paced environment
Responsibilities
With over $250 billion in assets under management as of December 31, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Assets. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.
Together with over 1,100 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.
Blue Owl is seeking an energetic Loan Professional in Investment Operations responsible for supporting the end-to-end loan cycle in private and liquid credit from origination of the loan to buying and selling in the primary and secondary market. This role plays a key part in maintaining operational excellence while supporting the organizations’ s fast growing lending space. The ideal candidate can multi-task in a fast-paced environment
Responsibilities
- Perform reconciliations of cash and positions for debt and equity investments across all Blue Owl BDCs and Private Funds, including respective asset based SPVs, CLOs, corporate revolvers
- Prepare time sensitive funding memos related to direct fundings, borrowings and other cash settlements
- Ability to effectively push settlements with counterparties and agents to ensure timely closings either through ClearPar or paper settlements
- Assist with any corporate actions or amendments through LendAmend or other applicable platforms
- Process restructurings in WSO and provide direction to the custodians to align appropriate accounting records
- Coordinate all assignments, participations, and private debt investments into BDCs, Private Funds, CLOs and SPVs by working closely with the SPV and Accounting Teams
- Address inquiries from internal or external teams on the investment activities Maintain up to date and accurate investment activities in WSO especially during monthly or quarterly period
- Help with any loan documentation supports for auditors and valuation team Identify and escalate any discrepancies in investment positions as it relates to trading activities, paydowns, or accruals
- Collaborate closely with our offshore partner to ensure all workflows has been completed timely and accurately
- 1-3 years of experience in the financial services industry
- Professional background in loan operations
- High level of professionalism
- Takes initiative and is solution-oriented in all interactions
- Strong problem-solving skills
- Excellent interpersonal skills, including oral and written communication
- Ability to effectively prioritize and manage daily, weekly, and monthly workloads
- Ability to multitask while staying focused
- Bachelor's degree required