At a Glance
- Tasks: Manage credit operations, loan settlements, and collaborate with portfolio managers and traders.
- Company: A prestigious multi-strategy credit platform with a strong institutional investor base.
- Benefits: Opportunity for career growth, hands-on experience, and working alongside investment professionals.
- Other info: Dynamic role focused on character, work ethic, and a learning mindset.
- Why this job: Gain in-depth knowledge of sophisticated credit operations and make impactful contributions.
- Qualifications: 3-5 years in credit or loan operations, with ClearPar experience preferred.
The predicted salary is between 60000 - 80000 £ per year.
Investment Support | Private 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.
The Firm: A multi-strategy credit platform with an institutional investor base. Complex, high-conviction strategies spanning syndicated loans, structured credit, high yield, and special situations. A firm you would be proud to work for. The operations team sits physically alongside the investment team and is treated accordingly.
The Role: 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 Candidate: 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 employer: 93 MGMT
At our firm, we pride ourselves on being an exceptional employer, offering a collaborative work culture where the operations team is integrated with the investment team, fostering genuine partnerships. With a focus on employee development, we provide extensive growth opportunities across a diverse range of credit products, ensuring that you gain invaluable insights into the workings of a sophisticated credit platform. Located in a dynamic financial hub, we offer a stimulating environment that encourages innovation and professional advancement, making it an ideal place for those looking to build a meaningful career in alternative credit.
StudySmarter Expert Advice🤫
We think this is how you could land Manager - Fund Operations - Credit
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those who work in credit operations. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by understanding the ins and outs of loan settlements and CLO operations. Brush up on your ClearPar knowledge and be ready to discuss how you can be a genuine partner to portfolio managers and traders.
✨Tip Number 3
Showcase your communication skills! In this role, you'll be working closely with investment professionals, so practice articulating your thoughts clearly and confidently. It’s all about building trust and being that go-to person.
✨Tip Number 4
Don’t forget to apply through our website! We’re always on the lookout for passionate individuals who want to grow in alternative credit. Your next big opportunity could be just a click away!
We think you need these skills to ace Manager - Fund Operations - Credit
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Manager - Credit Operations role. Highlight any relevant experience in credit or loan operations, especially if you've worked with ClearPar or have exposure to LMA or LSTA frameworks.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about alternative credit and how your background makes you a great fit for our team. Don’t forget to mention your communication skills and your eagerness to partner with investment professionals.
Showcase Your Learning Mindset:We value candidates who are eager to learn and grow. In your application, share examples of how you've developed your skills in previous roles or how you've tackled challenges. This will show us that you're committed to building a long-term career in this field.
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 the role. Plus, it shows us that you’re proactive and genuinely interested in joining our team!
How to prepare for a job interview at 93 MGMT
✨Know Your Credit Operations
Make sure you brush up on your knowledge of credit operations, especially around loan settlements and the LMA/LSTA frameworks. Being able to discuss these topics confidently will show that you're not just familiar with the basics but are ready to dive into the complexities of the role.
✨Showcase Your Communication Skills
Since this role involves working closely with portfolio managers and traders, practice articulating your thoughts clearly and concisely. Prepare examples of how you've successfully communicated in past roles, especially in high-pressure situations or when resolving escalations.
✨Demonstrate a Learning Mindset
The hiring team values character and a willingness to learn just as much as experience. Be ready to share instances where you've taken the initiative to learn something new or adapted to changes in your work environment. This will highlight your commitment to growth in the alternative credit space.
✨Prepare for Technical Questions
Expect some technical questions related to cash and FX management, as well as CLO operations. Brush up on your understanding of multi-currency cash positions and FX hedges. Being able to answer these questions will demonstrate your readiness to take on the responsibilities of the role.
