At a Glance
- Tasks: Oversee credit investments, manage financial reporting, and collaborate with deal teams.
- Company: Join a leading global asset manager with a dynamic and collaborative culture.
- Benefits: Competitive salary, pension contributions, private medical insurance, and company lunches.
- Other info: Exciting opportunity for career growth in a fast-paced financial environment.
- Why this job: Make an impact in finance while developing your skills in a supportive environment.
- Qualifications: Qualified accountant with strong analytical skills and attention to detail.
The predicted salary is between 60000 - 80000 £ per year.
MCAP Global Finance (UK) LLP is a UK subsidiary of New York based global asset manager Marathon Asset Management L.P., which is owned by CVC Capital Partners plc. CVC Marathon is a leading global credit manager with over $24 billion of capital under management. The firm was founded in 1998 and has operated in Europe since 2004 with offices in London and Luxembourg.
Position Summary: Reporting to the Managing Director, the Associate will join the Financial Control team, covering all operational areas including accounting, audit, tax, valuations, treasury and more. The role will focus on the firm’s Opportunistic Credit and Direct Lending investments, overseeing all credit deals in Europe over the lifecycle from start to finish and acting as a bridge between the Financial Control and deal teams.
Responsibilities
- Oversee all aspects of the firm’s Opportunistic Credit investments in Europe, including financial integrity, investment reporting, analysis, accounting, and performance of the loan positions held both directly and through partnerships throughout European jurisdictions.
- Work closely with the deal team on new investment opportunities, and coordinate the closing and funding of new deals.
- Liaise with various external accounting suppliers throughout Europe to ensure instructions are appropriate, clear and are being followed efficiently and effectively.
- Monitor the loan positions throughout the life of each deal, including accounting for the positions, cash flows and fair values.
- Ensure all loan positions are booked and recognised correctly with internal financial reporting systems.
- Oversight of the loan agents, including review of all loan notices, monitoring performance and overall relationship.
- Oversee any debt/financing arrangements associated with the deals including IPD’s and lending reporting.
- Review of quarterly reporting and deal level NAV’s.
- Review of annual financial statements and liaison with external auditors to ensure that annual audits are properly planned for and carried out effectively.
- Create dashboards and portfolio analysis statistics driven by AI to aid portfolio and asset management.
- Provision of cover for the Operations teams in London, Luxembourg and New York.
- Assistance with ad-hoc projects.
Qualifications
- Qualified accountant (ACCA, CPA or equivalent) with experience in accounting for credit investments, ideally gained at a bank, credit manager or loan servicer.
- Undergraduate degree in accounting (or similar) with exceptional academic credentials.
- Strong technical knowledge of accounting frameworks (i.e. IFRS, UK GAAP, US GAAP, Lux GAAP).
- Experience with financial statutory accounting for SPV’s.
- Broad knowledge of financial controls.
- Self-motivated with a diligent and detailed approach to completing tasks.
- Strong analytical skills, able to understand, question and challenge a range of financial data.
- Attention to detail with an ordered and logical mindset.
- Strong communication, organisational and prioritisation skills.
- Excel (to advanced level is desirable).
- Experience with AI to deliver enhanced reporting and workflow efficiency.
- Fluency in English is essential; other European languages an asset (but not required).
- Ability to work independently and as part of a team.
- Strong work ethic, commitment to excellence and motivation to learn.
- Exceptional organisation skills and attention to detail, with the ability to multi-task.
- Candidate should be a coachable team player who is willing to embrace a collaborative firm culture.
Compensation
The salary range for this role is £60,000 - £80,000 in base pay (exclusive of bonus or benefits). Base pay offered will be determined based on your experience, location, skills, training, certifications, and education, and in addition we will also consider internal equity and market data. Marathon’s benefits include, but are not limited to, pension contributions, private medical insurance, life insurance, and company-provided lunches.
No agencies please. Equal Opportunity Employer M/F/D/V.
Associate – European Financial Control and Portfolio Team in London employer: Marathon Asset Management, LP
Marathon Asset Management, LP offers a dynamic work environment with opportunities for professional growth in the financial sector. Employees benefit from being part of a leading global credit manager with a strong focus on real estate and corporate credit. The company fosters a culture of collaboration and innovation, providing employees with the tools and support needed to succeed.
Contact Details:
Marathon Asset Management, LP Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Associate – European Financial Control and Portfolio Team in London
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We think you need these skills to ace Associate – European Financial Control and Portfolio Team in London
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.
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How to prepare for a job interview at Marathon Asset Management, LP
✨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 Marathon Asset Management, LP.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Marathon Asset Management, LP 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.
