At a Glance
- Tasks: Monitor cash projections, prepare reports, and support portfolio management decisions.
- Company: Established alternative credit manager with a growing CLO Operations team in London.
- Benefits: Competitive salary, clear progression path, and exposure to innovative technology.
- Other info: High autonomy and opportunities for professional growth in a tech-driven environment.
- Why this job: Join a dynamic team and make impactful contributions to live portfolio decisions.
- Qualifications: 3-7 years of CLO operations experience and strong Excel skills.
The predicted salary is between 63000 - 77000 £ per year.
93 MGMT is working with an established alternative credit manager to hire an Associate into its European CLO Operations team in London.
The platform is expanding, new deals are closing, and the operations function is growing alongside it.
The role offers significant exposure to portfolio management and a clear route to Manager for the right person.
- What you’ll do
- Monitor daily traded cash projections across the European CLO book
- Produce hypothetical trade results for portfolio managers
- Prepare weekly portfolio status reports covering compliance tests, funding requirements and trading opportunities
- Review waterfall calculations and oversee external middle‑office reporting
- Work directly with administrators and middle‑office providers to resolve issues and escalations
- Read and interpret indentures, amendments and restructuring documentation
- Work closely with portfolio management, client relations and finance
- Contribute to projects bringing elements of compliance and control in‑house
- Support continued development of systems, analytics and AI‑enabled tooling
- What we’re looking for
- Hands‑on CLO operations experience gained at a CLO manager, trustee or CLO administrator
- Typically 3–7 years’ relevant experience, although more experienced trustee and administrator candidates are welcome
- Strong understanding of CLO compliance tests, including OC and IC calculations
- Comfortable reading an indenture and determining what the documentation permits
- Strong Excel skills; VBA, add‑ins or broader automation experience would be advantageous
- Confidence working directly with portfolio managers and challenging where required
- Helpful, not essential
- CLO equity fund exposure
- US CLO knowledge
- Experience with Allvue, WSO, Solvas, Sentry or a comparable loan management platform
- Interest in AI and workflow automation
Why consider it?
- This is not a traditional downstream operations role.
You will work closely with portfolio managers, contribute directly to live portfolio decisions and take ownership of meaningful projects as the platform develops.
- The team operates with a high degree of autonomy and the business is actively investing in technology, analytics and AI across its investment and operational functions.
- There is also a visible progression path rather than an undefined promise of one.
Applications are handled confidentially by 93 MGMT.
#J-18808-Ljbffr
Senior Associate | CLO Investment Operations 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 clear career progression paths, such as the opportunity to advance to Manager, alongside access to cutting-edge analytics and AI tools that enhance your professional development. Join us to be part of a forward-thinking team that values your contributions and supports your journey in the exciting world of CLO operations.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Associate | CLO Investment Operations
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like 93 MGMT. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Associate | CLO Investment Operations
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to 93 MGMT.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on 93 MGMT's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at 93 MGMT
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with 93 MGMT.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at 93 MGMT will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former 93 MGMT employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
