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Settlement Associate Jobs (NOW HIRING)

Settlement Specialist

Chicago, IL · On-site

$65K - $110K/yr

Associate Director Department: Operations Department Overview Operations is comprised of two separate departments, each with distinct roles and responsibilities. The Settlement & Funding Team is ...

Trade Settlement Analyst

Buffalo, NY · On-site

$56K - $75K/yr

With more than 13,500 associates working globally in 100 countries and annual sales of $5.9 billion ... One Family. Purpose Statement The Trade Settlement Analyst will ensure accurate and timely ...

Associate Director Department: Operations Department Overview Operations is comprised of two separate departments, each with distinct roles and responsibilities. The Settlement & Funding Team is ...

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Permanent Notary Closer

Wyomissing, PA · On-site

$50K - $80K/yr

We are seeking a professional, client-focused Front-Facing Notary Closer to join our fast-paced title and settlement office. This role is responsible for coordinating and conducting residential and ...

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Settlement Associate information

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How much do settlement associate jobs pay per hour?

As of Jul 21, 2026, the average hourly pay for settlement associate in the United States is $19.87, according to ZipRecruiter salary data. Most workers in this role earn between $14.90 and $20.67 per hour, depending on experience, location, and employer.

What are Settlement Associates?

Settlement Associates are professionals who handle the processing, reconciliation, and settlement of financial transactions, typically in banking, investment, or real estate sectors. Their responsibilities include ensuring all transactions are accurately recorded, resolving discrepancies, and coordinating with internal and external parties to guarantee timely settlements. They play a crucial role in maintaining the integrity and accuracy of financial operations. Strong attention to detail and knowledge of financial systems are essential for this role.

What are the key skills and qualifications needed to thrive as a Settlement Associate, and why are they important?

To thrive as a Settlement Associate, you need strong analytical abilities, attention to detail, and a background in finance, accounting, or business, often supported by a relevant degree. Familiarity with settlement systems, financial software (such as SWIFT or DTCC), and knowledge of compliance regulations is crucial. Excellent organizational skills, effective communication, and the ability to work under pressure are important soft skills for this role. These competencies ensure accurate and timely settlement of transactions, mitigate risk, and support smooth financial operations.

What is the difference between Settlement Associate vs Loan Processor?

AspectSettlement AssociateLoan Processor
Required CredentialsHigh school diploma, sometimes additional certificationsHigh school diploma, mortgage licensing (e.g., NMLS) often preferred
Work EnvironmentFinancial institutions, title companies, real estate firmsMortgage companies, banks, credit unions
Employer & Industry UsageUsed in real estate and finance sectors for closing processesUsed in mortgage lending for processing loan applications
Common Search & ComparisonSettlement Associate vs Loan Processor

While both roles operate within the real estate and finance industries, a Settlement Associate primarily handles the final steps of property transactions, ensuring all documents and payments are in order. A Loan Processor focuses on evaluating and preparing loan applications for approval. Both roles require attention to detail and knowledge of financial procedures, but they differ in their specific responsibilities within the transaction process.

What are some common challenges Settlement Associates face when managing high transaction volumes, and how can they be addressed?

Settlement Associates often encounter challenges such as tight deadlines, discrepancies in transaction records, and the need for precise attention to detail when managing high volumes of financial settlements. Effective organization, utilizing automated reconciliation tools, and maintaining clear communication with internal teams and external partners are essential strategies for overcoming these obstacles. Additionally, proactively resolving exceptions and continuously updating knowledge of industry regulations can help ensure accuracy and efficiency in daily operations.
More about Settlement Associate jobs
What cities are hiring for Settlement Associate jobs? Cities with the most Settlement Associate job openings:
What are the most commonly searched types of Settlement jobs? The most popular types of Settlement jobs are:
What states have the most Settlement Associate jobs? States with the most job openings for Settlement Associate jobs include:
Infographic showing various Settlement Associate job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 69% Full Time, 28% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $41,327 per year, or $19.9 per hour.

$70K - $78K/yr

Full-time

Posted 12 days ago


Job description

BAIN CAPITAL CREDIT OVERVIEW

Bain Capital Credit founded as Sankaty Advisors in 1998, is a leading global credit specialist with approximately $50 billion in assets under management. Bain Capital Credit invests up and down the capital structure and across the spectrum of credit strategies, including leveraged loans, high-yield bonds, distressed debt, private lending, structured products, non-performing loans and equities. Our team of more than 200 professionals creates value through rigorous, independent analysis of thousands of corporate issuers around the world. In addition to credit, Bain Capital invests across asset classes including private equity, public equity and venture capital, and leverages the firm's shared platform to capture opportunities in strategic areas of focus.

BAIN CAPITAL OVERVIEW

With approximately $185 billion of assets under management, Bain Capital is one of the world's leading private investment firms. We create lasting impact for our investors, teams, businesses, and the communities in which we live. Over four decades we have strategically grown our platform to focus on Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. Today, our team includes 1,880+ employees in 24 offices on four continents.

We partner differently to help people and companies embrace possibility and realize potential. Founded as a private partnership in 1984, we have fostered a culture of innovation, entrepreneurialism, and agility, empowering our people to define and own their career trajectories. Today, our partnership approach enables us to pursue strategic growth, build enduring relationships with a robust external network, and collaborate across our integrated platform to connect the deep and diverse expertise that unlocks breakthrough insights.

Our people are the heart of our advantage. Colleagues at all levels have a seat at the table as they tackle business challenges with a principal investor mindset. By asking incisive questions, respectfully challenging one another, and remaining intellectually agile, we work together to achieve exceptional outcomes.

For more information visit: Bain Capital.

KEY RESPONSIBILITIES
  • Support all aspects of trade settlement function for the Capital Market Operations business across multiple investment strategies and asset classes, including corporate bonds, public equities, mortgage back securities, bank loans and various complex fixed income and equity derivatives
  • Interact with the funds' prime brokers, trading counterparties and custodians as needed to support the trade settlement process
  • Manage the prompt resolution of failed trades and all settlement related issues
  • Ensure the timely and accurate booking of all trade details on the proprietary position master and portfolio accounting system
  • Assist with primary and secondary loan closings and settlements
  • Interact with the funds' trustees and internal treasury team regarding cash requirements
  • Liaise as needed with the firm's external settlement partners to effect the timely and accurate settlement of trades

DESIRED BACKGROUND/EDUCATION

  • 1-3+ years of experience in a complex financial services industry, preferably in public equity, fixed income and/or high yield related business
  • BS or BA with finance and accounting basics
  • Experience with Bloomberg and other trading and settlement software platforms
  • Familiarity with legal documents and credit agreements

GENERAL QUALIFICATIONS

  • Detail-oriented, conscientious and energetic professional with ability to think creatively
  • Strong interpersonal skills with capacity to interact with all levels both internally and externally
  • Ability to prioritize responsibilities and work under strict deadlines
  • Strong problem-solving skills
  • Dedicated team player with a strong sense of ownership and follow-through skills
  • Working knowledge of Omgeo Oasys and Alert
  • Solid Microsoft Excel skills

Compensation:

Expected Annual Base Salary $70,000 - $78,000

Actual base salary will be determined by a wide range of factors including but not limited to role, function, level, experience, qualifications and geographic location. In addition to a competitive base salary, this position may be eligible for a discretionary annual bonus based upon factors such as individual impact, team and firm performance. Bain Capital offers a competitive benefits package designed to support employees' health, financial security, family needs, and overall well-being.

Bain Capital is an equal opportunity employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.