Associate – Alternative Credit Trade Operations

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.

With $330 billion in assets under management as of September 30, 2026, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. 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 approximately 1,430 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com

Responsibilities

• Support deal teams in the settlement of public and private investment transactions.
• Utilize BlackRock Aladdin (order management system) to book trades, maintain transaction records, monitor investment activity, and support settlement workflows.
• Partner with internal and external parties such as custodians, portfolio managers, treasury, legal, and investment accounting teams to facilitate efficient transaction settlement and resolve operational issues.
• Manage the timely and accurate processing of capital calls while ensuring transaction integrity across various investment platforms and internal systems.
• Lead complex transfer and re-registration activities of private credit investments, including pre-transfer reconciliations, transfer bookings, wire instruction and re-registration updates, and post-transfer record maintenance.
• Manage all operational aspects of public markets trading, including CTM trade matching, exception resolution, and coordination of DTC settlements to ensure timely and accurate trade execution.
• Serve as a central point of contact for ad-hoc operational inquiries and cross-functional communication.
• Gather, validate, and distribute corporate action information while coordinating the timely execution of upcoming events.
• Develop, document, and enhance operational procedures to improve efficiency, strengthen controls, and mitigate operational risk.

Preferred Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• 3 plus years of experience in investment operations.
• Experience supporting public or private credit and alternative investments.

It is expected that the base annual salary range for this Chicago based position will be $100,000 - $110,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.