Distressed Banks Loans Operations Analyst - Hedge Fund

Location – London

Working Model – In Office – Business facing role (5 days)

Salary - £75,000 to £85,000 base salary + benefits + bonus (*discretionary bonus ranging up to 50%).

The Black Swan Group are currently partnered with a Distressed Bank Loan Debt Hedge Fund based in London. Looking for Distressed Loan and Operations Associate with 4 to 7 years’ experience, within a buy side firm, and looking to move to a growing hedge fund in London.

The firm has seen impressive, annualised returns since inception, and is currently embarking on a strategic growth period, with appetite to increase AuM and build a best-in-class Distressed Debt and Credit Trading Operations infrastructure.

• Currently working with Senior Management at the fund, to hire a Distressed Banks Loans Operations Associate to work directly with the Credit PMs in the London business.
• This is a unique and high-profile opportunity to work directly and in person, (same floor) as the PMs and business, to manage a wide-ranging role and responsibilities.
• Expertise in Banking Loans, Distressed Loans, front to back trading operations, with forte in managing all loans trade life cycle including exposure to distressed loan settlements, processing corporate actions, loans closing, documentation and stakeholder management.

Desirable that Distressed Loans Operations has been involved in the full Trade Life Cycle Distressed Loan Corporate Actions, processing them, completing the docs, and dealing with agents.

• Managing Distressed Loans deals.
• Bank Loan documentation.
• Distressed Loan Administration and life cycle events including Corporate Actions.

Given the significant inflows of new AuM and building out Distressed Loans Trading business, enhancing the operations infrastructure is crucial for the London business, along with trading exposure to other alternatives.

Given the nature to partner and work hand in glove with the business, this role will be business facing and the firm operates a business facing working model, 5 days in the London Office (based in the West End). The business is looking for someone that is committed and comfortable being in the office and supporting the growth plans of the business.

Prerequisite Requirements for Distressed Loans / Private Credit Operations Specialist:

• 4 to 7 years Distressed Loans Buy Side – Hedge Fund Operations experience - prerequisite.
• Distressed Bank Loan Operations, Bank Loans Settlements, Corporate Actions, processing them, completing the docs, and dealing with agents.
• 5 Days in the office working model, directly sat with the PMs, Traders and C-Suite, committed to working in a hedge fund, that has a business facing and leading working environment.
• Expertise in charge of all Bank Loan portfolios, managing Distressed Loans, and getting exposure to Fixed Income, and other Alternative products, including Credit Derivatives.
• Life Cycle expertise, processing Bank Loan Corp Actions and communication with clients and counterparties.
• Working on new project initiatives to build operations infrastructure, including onboarding new PMS/OMS Systems, building an Operations team, cross training setting up new vendors and 3rd party vendors, so prior experience working on and delivering project initiatives is required.

This is an excellent opportunity for a Distressed Bank Loan Debt Hedge Fund Specialist to join a growing Hedge Fund in London. The Distressed Loans and Private Credit market is the most in vogue sector within Hedge Fund Trading Operations, and our client has ambitious plans to build the best in class offering and generate alpha across market opportunities.

Working Model – In Office (5 Days in office)

Salary - £75,000 to £85,000 base salary + benefits + bonus (*discretionary bonus ranging from 30% to 60%)

RTW – UK Right to Work (*Permanent Role) - no Client Sponsorship is offered. Please do apply early to be considered for this unique and interesting opportunity.