Analyst Credit, Discretionary Middle Office

Analyst Credit, Discretionary Middle Office

Full-Time 50000 - 60000 € / year (est.) Home office (partial)
CFA Institute

At a Glance

  • Tasks: Analyse fixed income securities and support daily operational processes in a dynamic team.
  • Company: Join Man Group, a leading global investment management firm with a focus on innovation.
  • Benefits: Enjoy competitive salary, flexible working, and comprehensive benefits including paid volunteering days.
  • Other info: Inclusive culture with opportunities for professional growth and community involvement.
  • Why this job: Make an impact in the finance industry while developing your technical skills and expertise.
  • Qualifications: Strong analytical skills and interest in fixed income markets; programming knowledge is a plus.

The predicted salary is between 50000 - 60000 € per year.

About Man Group

Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent. Headquartered in London, we manage $227.6 billion and operate across multiple offices globally.

Job Summary

The Public Markets Credit Middle Office team is responsible for Security pricing controls, NAV (Net Asset Valuation) calculations, fee modelling, and portfolio rebalancing across Feeder/Master/Multi-Book structures, as well as setting trading levels and instructing FX hedges related to client capital flows across Man's Public Markets Fixed Income/Credit Funds. The role involves running key operational processes independently, while continuing to develop broader technical and operational expertise. The team develops tools and reporting solutions, widely used across the firm, primarily using Python, Excel, and internal databases to deliver critical reporting and analytics. The Analyst demonstrates technical expertise and ability to contribute to process improvements and collaborate on wider projects.

Specific Responsibilities

  • Credit Fund Operations
    • Review and analyse fixed income securities and derivatives (including credit default swaps, bonds, loans and other fixed income instruments), with focus on their pricing and profit/loss calculations.
    • Support daily operational processes including hedge fund valuations and reconciliations of fixed income funds.
    • Perform fixed income-specific valuations including yield curve analysis, duration calculations, and credit spread assessments.
    • Work with various internal tools and databases to deliver fixed income reporting and analytics.
    • Contribute to process improvements and automation initiatives specific to fixed income fund operations.
  • Technical Development
    • Contribute to the team's continuous improvement of systems, controls and workflows related to fixed income fund administration.
    • Learn and utilize programming tools to enhance team processes and reporting.
  • Stakeholder Engagement
    • Collaborate with team members and other departments both in daily activities and long-term projects.
    • Communicate findings and recommendations clearly to various stakeholders.
  • Professional Development
    • Take advantage of training opportunities in technical and financial topics, particularly in fixed income markets.
    • Develop understanding of investment operations and market infrastructure.
    • Contribute ideas for process improvement and efficiency.

Technical Competencies Required:

  • Previous experience in fixed income fund accounting, fixed income valuations, or fixed income operations.
  • Strong understanding of fixed income instruments including bonds, credit derivatives, and interest rate products.
  • Knowledge of fixed income valuation methodologies and pricing conventions.
  • Strong analytical mindset with ability to solve complex problems.
  • Keen attention to detail and strong organizational skills.
  • Ability to work both independently and as part of a team.
  • Excellent communication skills and confidence to raise questions.
  • Demonstrated ability to learn new concepts quickly.
  • Strong academic background in a quantitative or analytical field (Mathematics, Finance and Accounting, Physics, Engineering, Computer Science, or any data/finance-oriented disciplines).
  • Interest in fixed income markets and motivation to build a career in the industry.

Advantages (but not required)

  • Basic programming knowledge with enthusiasm to develop technical skills.
  • Previous exposure to hedge fund administration or asset management operations.
  • Professional qualifications (CFA, accounting qualifications such as ACA/ACCA) or studying towards.
  • Python programming (or similar languages), SQL or database experience.
  • Experience with fixed income analytics platforms (Bloomberg, FactSet, etc.).

Inclusion, Work-Life Balance and Benefits at Man Group

You’ll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiatives, partnerships and programmes, you’ll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry. You’ll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you’ll receive two annual 'Mankind' days of paid leave for community volunteering. Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Depending on your location, you may also enjoy additional benefits such as private medical coverage, discounted gym membership options and pet insurance.

Equal Employment Opportunity Policy

Man Group provides equal employment opportunities to all applicants and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age or any other legally protected category or status in accordance with applicable federal, state and local laws. Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact.

Analyst Credit, Discretionary Middle Office employer: CFA Institute

Man Group is an exceptional employer that fosters a culture of inclusion and professional growth, making it an ideal place for aspiring analysts in the finance sector. With a commitment to equality of opportunity, employees benefit from comprehensive training, flexible working arrangements, and unique initiatives like 'Mankind' days for community volunteering. Located in London, the firm offers competitive benefits, including generous holiday entitlements and health coverage, ensuring a rewarding work-life balance while contributing to meaningful investment solutions.

CFA Institute

Contact Detail:

CFA Institute Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Analyst Credit, Discretionary Middle Office

Tip Number 1

Network like a pro! Reach out to people in the industry, especially those at Man Group. A friendly chat can open doors and give you insights that a job description just can't.

Tip Number 2

Prepare for interviews by brushing up on your technical skills. Since this role involves fixed income securities and programming, make sure you can talk confidently about your experience with Python and financial instruments.

Tip Number 3

Show off your analytical mindset! Be ready to discuss how you've tackled complex problems in the past. Use examples that highlight your attention to detail and ability to work independently or as part of a team.

Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're genuinely interested in joining the Man Group family.

We think you need these skills to ace Analyst Credit, Discretionary Middle Office

Fixed Income Fund Accounting
Fixed Income Valuations
Analytical Skills
Attention to Detail
Organisational Skills
Communication Skills
Python Programming

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Analyst Credit role. Highlight any relevant experience in fixed income fund accounting or valuations, and don’t forget to mention your analytical mindset!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about fixed income markets and how your background makes you a great fit for our team. Keep it concise but impactful!

Show Off Your Technical Skills:Since we’re all about using tools like Python and Excel, make sure to showcase any programming knowledge or technical skills you have. If you've worked on process improvements or automation, let us know!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role there!

How to prepare for a job interview at CFA Institute

Know Your Fixed Income Stuff

Make sure you brush up on your knowledge of fixed income instruments like bonds and credit derivatives. Be ready to discuss valuation methodologies and pricing conventions, as these are crucial for the Analyst role at Man Group.

Show Off Your Analytical Skills

Prepare to demonstrate your analytical mindset during the interview. Think of examples where you've solved complex problems or improved processes, especially in finance or data analysis. This will show that you can contribute to the team's continuous improvement efforts.

Get Comfortable with Python and Excel

Since the role involves using Python and Excel for reporting and analytics, it’s a good idea to highlight any experience you have with these tools. If you’ve worked on any relevant projects, be sure to mention them and how they relate to the job.

Communicate Clearly and Confidently

Practice articulating your thoughts clearly, especially when discussing technical topics. The ability to communicate findings and recommendations effectively is key, so consider doing mock interviews to build your confidence.