At a Glance
- Tasks: Support onboarding and management of CLO and leveraged loan portfolios with a focus on process improvement.
- Company: Join Deloitte Operations and work with top-tier clients in Manchester.
- Benefits: Competitive day rate, flexible working, and opportunities for professional growth.
- Other info: Dynamic role with a focus on innovation and collaboration in a vibrant city centre.
- Why this job: Make an impact in finance while utilising cutting-edge technology and automation.
- Qualifications: 2-5+ years in CLO or structured credit operations with strong analytical skills.
The predicted salary is between 30000 - 40000 £ per year.
Location: Manchester City Centre, 4 days a week in the office, central Manchester
Start Date: ASAP
Duration: 6 Months initially
Daily Rate: Competitive Day Rate, Inside IR35
This is an exciting opportunity to join Deloitte Operations for an engagement with one of our clients.
We are seeking an experienced CLO, Funds & Loan Operations Associate to support the onboarding, administration, and ongoing management of CLO and leveraged loan portfolios. The role combines deep knowledge of syndicated loan documentation, structured credit products, and loan operations with a strong focus on process improvement, automation, and data quality.
Key responsibilities include:
- Review and validate loan documentation, including LMA and LSTA agreements, to support asset onboarding and portfolio management.
- Manage loan administration activities across CLO portfolios, ensuring accurate maintenance of positions, settlements, cashflows, and reference data.
- Support CLO warehouse facilities, including funding requests, portfolio reporting, and investor reporting requirements.
- Perform quality assurance and oversight of operational workflows, ensuring adherence to controls, procedures, and escalation protocols.
- Utilise loan administration platforms such as Solvas, Loan IQ, Polaris, or similar systems.
- Drive process improvement initiatives, leveraging automation, AI, and data analytics to increase operational efficiency and reduce manual effort.
- Work closely with portfolio managers, trustees, lenders, investors, and internal stakeholders to support day-to-day portfolio operations.
Key Skills
- CLO and Structured Credit Operations
- Leveraged Loans and Syndicated Loans
- LMA and LSTA Documentation
- Cashflow and Funding Management
- Data Governance and Quality Assurance
- Process Automation and AI Tools
- Python and Operational Analytics
- Stakeholder Management
Ideal Profile
- 2-5+ years' experience within CLO, leveraged loan, loan servicing, fund administration, or structured credit operations.
- Strong understanding of loan lifecycle events, trade settlement, onboarding, and portfolio maintenance.
- Experience working with CLO managers, fund administrators, investment banks, or asset managers.
- Proven track record of improving operational processes through automation and technology.
StudySmarter Expert Advice🤫
We think this is how you could land CLO, Funds & Loan Operations Associate in Manchester
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Deloitte - Recruitment.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Deloitte - Recruitment might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace CLO, Funds & Loan Operations Associate in Manchester
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Deloitte - Recruitment will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Deloitte - Recruitment. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Deloitte - Recruitment confidence in your short-term commitment to the role.
How to prepare for a job interview at Deloitte - Recruitment
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Deloitte - Recruitment.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Deloitte - Recruitment that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
