Analyst Credit, Discretionary Middle Office

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.

The 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. 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.

Responsibilities

• Using the firm’s systems and other available tools (Bloomberg, Nendor data etc.), on a daily basis review and analyse fund profit and loss accounts across asset classes, in order to assist reporting performance to Asset Managers.
• Calculate Net Asset Value (NAV) of funds on a daily, weekly and monthly basis including checking accrued income and expenses.
• Provision of intra-NAV estimates to the Asset Managers when requested.
• Liaise with the fund administrator/s to reconcile final fund NAVs.
• Review foreign exchange exposures and report to the Asset Managers, highlighting any currency hedging requirements.
• Review reconciliations between Custodians, Prime brokers and the investment engine’s internal records, co-ordinating investigation and/or correction of breaking items where required.
• Provide ad-hoc reports to the Asset Managers and senior management regarding performance and historic trading analysis.
• Attend meetings with administrators and pricing committees.
• Ensure the quality and effectiveness of the pricing governance and controls are maintained through identification and mitigation of pricing risks and the communication/documentation of any enhancements to the framework.
• Apply technical understanding to securities pricing across the business.
• Review existing systems / processes / procedures and MIS to identify areas of possible enhancements.
• Represent the team on wider Man projects such as trading system enhancements and regulatory change integration.
• Oversight and monitoring of service providers.

Qualifications

• Highly numerate.
• 1-3 years experience working in Financial Services, typically in an investment bank or asset management firm.
• Good understanding of traded financial instruments.
• A team player, who is also comfortable to take individual ownership.
• Strong analytical and problem-solving skills.
• Ability to communicate effectively with multiple senior stakeholders.
• 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 financial markets and motivation to build a career in the industry.

Optional Advantages

• Basic programming knowledge with enthusiasm to develop technical skills.
• Previous exposure to financial services industry.
• Professional qualifications (CFA, accounting qualifications) or studying towards.

Benefits

• Competitive holiday entitlements.
• Pension/401k (depending on location).
• Life and long-term disability coverage.
• Group sick pay.
• Enhanced parental leave and long-service leave.
• Depending on your location, 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.

Disability Confidence and Reasonable Adjustments

Man Group is a Disability Confident and Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact TalentAcquisition@man.com.