At a Glance
- Tasks: Manage full credit operations lifecycle, from loans to bonds, alongside portfolio managers and traders.
- Company: Join a prestigious multi-strategy credit platform with a collaborative culture.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Long-term development role with excellent growth potential in alternative credit.
- Why this job: Gain comprehensive knowledge of credit operations and make impactful contributions in a trusted team.
- Qualifications: 3-5 years in credit or loan operations, strong communication skills, and a learning mindset.
The predicted salary is between 60000 - 80000 £ per year.
Credit operations roles tend to be narrow. One asset class, one stage of the process, limited sight of anything beyond your immediate workstream. This is the opposite. You would join a team that covers the full credit operations lifecycle across both private and public credit; loans, bonds, CLOs, FX, cash, working directly alongside portfolio managers and traders who expect their ops function to be a genuine partner, not a downstream processor.
The team is long-tenured, highly trusted by the front office, and deliberately built to develop people across the full product range. If you are early in your career and want to come out the other side knowing how a sophisticated credit platform actually operates from the inside, the scope here is difficult to match.
A multi-strategy credit platform. Institutional investor base. Complex, high-conviction strategies spanning syndicated loans, structured credit, high yield, and special situations. The operations team sits physically alongside the investment team and is treated accordingly.
Day-to-day, this means:
- Loan settlements. Processing primary and secondary trade closings across European and US leveraged loans using LMA and LSTA frameworks; working in ClearPar, chasing counterparties, reconciling agreed versus documented terms, interpreting credit agreements end-to-end.
- Front office partnership. This team sits alongside the investment team, not behind it. You will field escalations from portfolio managers and traders, advise on closing queries, and be a trusted point of contact rather than a downstream function.
- CLO operations. Pre-trade eligibility checking, drawdown processing, warehouse management, and support on due diligence packs for rating agencies and investors.
- Cash and FX management. Monitoring multi-currency cash positions across portfolios, validating FX hedges are within tolerance levels, and communicating cash availability directly to portfolio managers.
- Expanding scope. Bond settlements, corporate actions, and broader credit operations coverage as you grow into the role. End-to-end product knowledge is the point, not specialism.
The preference is for someone with 3–5 years in a credit or loan operations role in an alternative investment firm, with hands-on ClearPar experience and exposure to LMA or LSTA loan closing. That is the core. Backgrounds from bank syndicated loan desks, loan agency and trustee teams, or buy-side credit operations at an asset manager or CLO platform will all be considered. This is a long-term development role with genuine breadth; the hiring team are as interested in character, work ethic, and learning mindset as they are in an exact spec match.
You should be a strong communicator, comfortable working directly with investment professionals, and genuinely committed to building a career in alternative credit.
Manager - Fund Operations - Credit in London employer: 93 MGMT
At 93 MGMT, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of London. Our commitment to employee growth is evident through tailored development programmes and opportunities to lead impactful projects in private credit finance. Join us to be part of a forward-thinking team that values your expertise and encourages a balanced work-life environment.
StudySmarter Expert Advice🤫
We think this is how you could land Manager - Fund Operations - Credit in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those who work in credit operations. Attend events, join relevant online groups, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those tricky interview questions! Brush up on your knowledge of loan settlements, CLO operations, and cash management. Be ready to discuss how you’ve handled challenges in previous roles and how you can bring value to the team. Practice makes perfect!
✨Tip Number 3
Show off your communication skills! Since this role involves working closely with portfolio managers and traders, make sure you can articulate your thoughts clearly. During interviews, demonstrate your ability to explain complex concepts simply and effectively.
✨Tip Number 4
Don’t forget to apply through our website! We’re always on the lookout for passionate candidates who want to grow in the credit operations space. Make sure your application stands out by tailoring it to highlight your relevant experience and enthusiasm for the role.
We think you need these skills to ace Manager - Fund Operations - Credit in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that match the job description. Highlight your hands-on experience with ClearPar and any exposure to LMA or LSTA loan closing, as these are key for us.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about credit operations. Share your journey and how your background aligns with our team’s focus on partnership and collaboration with investment professionals.
Showcase Your Communication Skills:Since strong communication is crucial for this role, make sure to demonstrate your ability to convey complex information clearly in your application. We want to see that you can engage effectively with portfolio managers and traders.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity in our dynamic team.
How to prepare for a job interview at 93 MGMT
✨Know Your Credit Operations Inside Out
Make sure you brush up on the full credit operations lifecycle, especially around loans, bonds, and CLOs. Familiarise yourself with LMA and LSTA frameworks, as well as ClearPar, so you can confidently discuss your hands-on experience and how it relates to the role.
✨Showcase Your Communication Skills
Since this role involves direct interaction with portfolio managers and traders, practice articulating your thoughts clearly. Prepare examples of how you've successfully collaborated with investment professionals in the past, highlighting your ability to be a trusted point of contact.
✨Demonstrate Your Learning Mindset
The hiring team values character and a willingness to learn just as much as technical skills. Be ready to share instances where you've taken the initiative to expand your knowledge or adapt to new challenges in your previous roles.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in real-world scenarios. Think about potential escalations you might face in credit operations and how you would handle them. This will show your understanding of the role and your proactive approach.
