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 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
✨Get Involved in Finance Communities
Join investment and asset management forums or local finance meetups. Engaging with professionals in these circles can not only help you learn the ropes but also put you in touch with potential employers like 93 MGMT, who often scout for talent at such events.
✨Utilise Networking Platforms
Connect with professionals already working in asset management on platforms like LinkedIn. A personal message showing your interest in their role or asking for advice can lead to significant connections that might tip the scales in your favour at companies like 93 MGMT.
✨Show Off Your Financial Skills
Consider contributing to investment blogs or even creating your own content. Sharing your insights and analyses can demonstrate your knowledge and passion for the industry, making you stand out when applying for roles at organisations like 93 MGMT.
✨Engage with Recruitment Events
Attend finance recruitment fairs and expos. These events are perfect for making a strong impression with recruiters and potentially securing interviews. Many companies, including 93 MGMT, attend these events to scout for fresh talent, so make sure you stand out with your enthusiasm and knowledge!
We think you need these skills to ace Manager - Fund Operations - Credit
Some tips for your application 🫡
Highlight Your Analytical Skills:In asset management, it's all about the numbers! Make sure your CV showcases your analytical skills, particularly any experience with financial modelling or quantitative analysis. Employers like 93 MGMT want to see how you can dissect data and turn it into actionable insights, so don't hold back on your achievements!
Show Off Your Relevant Qualifications:Having the right qualifications can be a game changer in investment roles. If you've got a degree in finance, economics, or a related field, flaunt it! Also, if you have any certifications like CFA or CAIA, mention those too. It’ll help demonstrate your commitment and expertise in the field to 93 MGMT.
Tailor Your Cover Letter to Reflect Passion for Investment:Your cover letter is your chance to express your enthusiasm for the investment world. Share why you're drawn to asset management and your understanding of market trends. The hiring team at 93 MGMT will be keen to see that passion and how you keep up with industry news and developments.
Quantify Your Achievements:Don’t just tell them what you did - show them! When detailing your previous experience, include quantifiable achievements to illustrate your impact. Whether it’s percentage growth on a portfolio or cost savings in a project, these figures will help your application stand out to 93 MGMT. Numbers speak louder than words!
How to prepare for a job interview at 93 MGMT
✨Brush Up on Financial Modelling
For a role in investment asset management, being well-versed in financial modelling is crucial. Make sure you can articulate your experience with tools like Excel or any specialised software you've used. Maybe even prepare a couple of examples of financial models you've built or analysed.
✨Know Your Investment Strategies
Expect questions around different investment strategies and how you would apply them in various market scenarios. Get ready to discuss current market trends and how they impact portfolio management. This shows you're not just about the theory but also keeping an eye on real-world applications.
✨Show Your Analytical Skills
Since this is a full-time role, companies like 93 MGMT want to see your analytical thinking in action. Prepare to solve case studies or tackle some numerical puzzles during the interview. Practicing these types of questions will boost your confidence and show off your skills.
✨Discuss Your Long-Term Career Goals
As you’re applying for a full-time position, the interviewers will be interested in your commitment to the field. Be ready to discuss how this role fits into your long-term career plans in asset management. This shows you're not just looking for any job, but you’re genuinely interested in growing with93 MGMT.
