At a Glance
- Tasks: Monitor cash projections, produce reports, and advise on compliance and trading opportunities.
- Company: Join a leading FTSE-100 Investment Manager in a dynamic CLO Operations team.
- Benefits: Enjoy competitive salary, wellbeing support, and a commitment to inclusivity.
- Other info: Flexible work culture with opportunities for personal and professional growth.
- Why this job: Be part of a fast-paced environment where your contributions make a real impact.
- Qualifications: Degree-level education and experience in finance or related fields required.
The predicted salary is between 45000 - 55000 £ per year.
- Department: Investment Operations
- What The Hiring Manager Says
‘This is a fantastic opportunity for a highly motivated, high calibre and ambitious Associate level candidate to join a CLO Operations team within a well-regarded, FTSE-100 Investment Manager.
The role will be fast paced and require interaction with multiple stakeholders.
It will suit an individual who has a high degree of technical capability, is highly inquisitive and has excellent communication skills.’
Summary Of Our Opportunity
ICG is one of the leading investment managers in the CLO sector and Liquid Funds space and currently manages over $20bn of assets across these strategies.
The EU and US CLO Operations Teams are responsible for tracking investments and ensuring investors and portfolio managers have accurate and timely portfolio information.
The team is also responsible for the documentation of CLOs and deals extensively with third party administrators and trustees.
Activities will also include testing to ensure the portfolio remains within its pre-agreed compliance boundaries.
- Summary Of Opportunity
- The main responsibilities of this role include, but is not limited to:
- Monitor daily traded cash projections.
- Produce hypothetical trade results for Portfolio Managers proposed trades.
- Produce detailed weekly portfolio status reports and present to Portfolio Manager. Advise on compliance test results, funding requirements and trading opportunities.
- Work with Portfolio Management team, marketing and client relations, finance and external Middle Office provider.
- Attend KPI meetings with Administrators and external Middle Office provider.
- Identify and resolve issues relating to day to day trading activity, investor queries and service provider escalations.
- Provide oversight for external Middle Office in monthly and payment date reporting, as well as reviewing waterfall calculations.
- Review and interpret complex legal documentation.
- Key Requirements / Qualifications
- Experience with a CLO Manager or alternative investment manager, Trustee or CLO administrator
- Relevant background in finance, economics, business, or accounting
- Advanced Excel skills, use of Excel Add-in’s a plus
- An ability to utilise AI tools
- Ability to remain calm under pressure when working to tight deadlines
- Comfortable and confident in dealing with Portfolio Managers and other team members
- A positive attitude, good teamwork and relationship building skills
- Ability to read and digest complex legal and technical documents
Desirable
- Exposure to systems for loan management (e. g. Allvue, WSO/Nexus)
- Proactive in problem solving
- Enjoys being a part of a team but is able to work independently
- A strong change and development mindset
- Personal Attributes
Personal attributes that will make you successful in this role include but are not limited to:
- Educated to degree level
- Have the ability to drive effective day-to-day operational execution
- Relationship Management and ability to manage stakeholders’ expectations
- Assists in generating ideas on improving the effectiveness of processes, applications and techniques
- Works independently for most tasks and manages day-to-day activities of own role with limited direction
- Can work alongside more senior colleagues on more complex transactions or projects
- Proactive in identifying opportunities to contribute to broader organisational initiatives
- Confident in taking ownership of responsibilities and driving tasks forward
- Flexible in dealing with multiple and changing priorities Our Global Benefits
- Framework is centred around these 3 key attributes
- Wellbeing - Supporting your mental, physical and financial wellbeing as well as your lifestyle needs.
- Inclusivity – Fit for purpose and competitive, no matter who or where you are.
- Longevity – Long Term and sustainable in design.
Inclusion is one of ICG’s key values and we are committed to creating an equitable and inclusive workplace for everyone.
By welcoming different perspectives, we strengthen ICG’s performance, enrich decision‑making and contribute to better outcomes for our clients, colleagues, and the markets we serve.
Accordingly, our recruitment processes provide equal employment opportunities to all applicants and employees, regardless of age, ethnicity, disability, sex, gender, sexual orientation, religion, or any other characteristic protected by local law.
We are equally committed to delivering an inclusive and accessible candidate experience.
If you require information in an alternative format, additional time for assessments, an adjusted interview schedule, or any other support during the recruitment process, please let us know.
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Associate, Fund Administration employer: ICG
ICG is an exceptional employer that prioritises inclusivity and employee wellbeing, offering a supportive work culture where your contributions are valued. As a Global Senior Executive Assistant in London, you will benefit from extensive professional development opportunities and a dynamic environment that fosters growth and collaboration among senior leaders. Join us to be part of a team that not only drives success but also cares for its people.
StudySmarter Expert Advice🤫
We think this is how you could land Associate, Fund Administration
✨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 ICG. 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 Associate, Fund Administration
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 ICG.
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 ICG'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 ICG
✨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 ICG.
✨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 ICG 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 ICG 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.
