At a Glance
- Tasks: Manage distressed loans and support trading operations in a dynamic hedge fund environment.
- Company: Join a leading hedge fund in London with impressive annualised returns and growth plans.
- Benefits: Enjoy a competitive salary, discretionary bonuses, and a vibrant office culture.
- Why this job: Work closely with PMs and traders, gaining invaluable experience in a fast-paced sector.
- Qualifications: 4 to 7 years of experience in distressed loans operations within a buy-side firm is essential.
- Other info: This role requires a commitment to working in the office five days a week.
The predicted salary is between 60000 - 85000 Β£ per year.
Location β London
Working Model β In Office β Business facing role (5 days)
Salary - Β£75,000 to Β£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 yearsβ 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, partnering with the front office Distressed / Credit PMs who the team sit with and support daily.
- 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, whilst getting exposure and rewarded for supporting a fast and growing business with entrepreneurial drive and presence.
Prerequisite Requirements for Distressed Loans / Private Credit Operations Specialist:- 4 to 7 years Distressed Loans Buy Side β 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 β In Office (5 Days in office)
Salary - Β£75,000 to Β£85,000 base salary + benefits + bonus (*discretionary bonus ranging from 30% to 60%)
RTW β UK Right to Work (*Permanent Role) - no Client Sponsorship is offered. Please do apply early to be considered for this unique and interesting opportunity.
Distressed Banks Loans Operations Analyst - Hedge Fund employer: Black Swan Group
Contact Detail:
Black Swan Group Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Distressed Banks Loans Operations Analyst - Hedge Fund
β¨Tip Number 1
Network with professionals in the hedge fund industry, especially those who have experience in distressed loans. Attend industry events or webinars to connect with potential colleagues and learn more about the specific challenges and opportunities in this niche.
β¨Tip Number 2
Familiarise yourself with the latest trends and developments in distressed bank loans and credit trading. Being knowledgeable about current market conditions will help you engage in meaningful conversations during interviews and demonstrate your passion for the role.
β¨Tip Number 3
Prepare to discuss your previous experiences in managing distressed loans and operations. Be ready to provide specific examples of how you've handled trade life cycles, corporate actions, and stakeholder management, as these are crucial aspects of the role.
β¨Tip Number 4
Showcase your ability to work collaboratively in a fast-paced environment. Highlight any past experiences where you've successfully partnered with front office teams or contributed to project initiatives, as this aligns with the business-facing nature of the position.
We think you need these skills to ace Distressed Banks Loans Operations Analyst - Hedge Fund
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights your experience in distressed loans and operations. Focus on relevant roles, particularly those within buy-side firms, and emphasise your expertise in managing the loan trade life cycle.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the hedge fund industry and your understanding of distressed bank loans. Mention specific experiences that align with the job description, such as your involvement in corporate actions and stakeholder management.
Highlight Relevant Skills: In your application, clearly outline your skills related to bank loan documentation, settlements, and project initiatives. Use specific examples to demonstrate your ability to work closely with PMs and traders in a fast-paced environment.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents. Check for any grammatical errors or typos, and ensure that your formatting is consistent. A polished application reflects your attention to detail, which is crucial in this role.
How to prepare for a job interview at Black Swan Group
β¨Know Your Distressed Loans Inside Out
Make sure you have a solid understanding of distressed loans, including the entire trade life cycle. Be prepared to discuss your previous experiences in managing distressed loan deals and how you've handled corporate actions.
β¨Showcase Your Operations Expertise
Highlight your experience in bank loan operations and settlements. Be ready to explain how you've contributed to enhancing operational infrastructure in past roles, especially in a hedge fund environment.
β¨Demonstrate Your Business-Facing Skills
Since this role is business-facing, emphasise your ability to work closely with PMs and traders. Share examples of how you've successfully collaborated with different stakeholders to achieve common goals.
β¨Prepare for Project Initiatives Discussion
Be ready to talk about any project initiatives you've been involved in, particularly those related to onboarding new systems or vendors. This will show your proactive approach and ability to drive improvements in operations.