Analyst, Operations in City of London

Pemberton Asset Management is a leading European private credit manager. Built on more than a decade of experience and deep credit expertise, we provide innovative, cycle-tested private credit solutions for LPs and GPs. Pemberton’s extensive origination network of ten European offices, local market and sector expertise are core characteristics of Pemberton’s value proposition. A substantial investment team, a broad and independent credit function and rigorous credit analysis inform our investment approach. We are committed to advancing responsible investing in private credit and fostering long-term value through transparent partnerships. Pemberton manages USD $28.8bn in AuM and employs more than 200+ staff globally.

This role is suited to an Analyst with 2–3 years’ experience in loan operations, fund administration, settlements, or a related middle‑office environment. The role provides exposure across the full lifecycle of private debt investments, helping to support deal execution, ongoing asset servicing, and coordination with internal and external stakeholders. While the primary focus will be on core operational responsibilities, the Analyst will also have the opportunity to support new product and structured financing workstreams (e.g., CLOs, leverage facilities, structured notes). Prior experience in these areas is helpful but not required—we are looking for someone with the capability and willingness to learn.

The role will involve working closely with Legal, Compliance, Origination, Credit, Portfolio Management, Product and Fund Finance teams.

Responsibilities

• Deal Execution & Documentation Support
  • Assist in reviewing loan, bond and trade‑finance documentation from an operational perspective (settlement terms, interest mechanics, repayment schedules, fees, etc.)
  • Prepare and maintain deal static data (industry, geography, ratings) to support accurate trade capture.
  • Help coordinate closing and settlement processes, including reviewing funds flow statements, liaising with administrators, and ensuring data accuracy across systems.
  • Support the booking of new investments and assist in reconciling trades with fund administrators.
  • Assist with secondary trade documentation (transfer certificates, LMAs, confirms) and internal sign‑off requirements.
• Asset Servicing & Oversight
  • Monitor lifecycle events—interest resets, scheduled repayments, prepayments and ad‑hoc fees—ensuring accuracy across internal and external systems.
  • Track waiver and amendment requests, liaising with internal teams as required.
  • Support administrators with any reconciliation issues; escalate discrepancies promptly.
  • Assist in maintaining internal trackers for agent bank interactions, corporate actions and service provider performance.
  • Contribute to regular service provider meetings and help prepare materials for Investor Relations when required.
• Operational Process Management
  • Help maintain efficient operational workflows across investment operations.
  • Support the team in identifying data issues, process inconsistencies or control gaps, and contribute to remediation.
  • Assist in routine review cycles with Fund Finance—capital calls, subscription line utilisation, FX hedges and funding requirements.
• New Products & Structured Financing (Development Area)
  • Provide support to senior team members on operational aspects of leverage facilities, structured notes or mid‑market CLOs.
  • Assist with onboarding workflows, internal checklists, and coordination with administrators and trustees.
  • Help maintain simple Excel models and contribute to data checks and reconciliations.
  • Participate in internal meetings and calls with external service providers to gain exposure to structured transactions.
  • Over time, develop a working understanding of core concepts such as eligibility criteria, borrowing bases, waterfall mechanics and trigger events.
• Technical & Data Responsibilities
  • Maintain accurate data and operational records across systems.
  • Use Excel proficiently to prepare reconciliations, checks, summaries and reference data.
  • Support the team in developing small-scale tools or enhancements (e.g., Power BI dashboards, reconciliation tools).
  • Participate in testing exercises for system enhancements.
• Compliance and ESG Responsibilities
  • In performing regulated and unregulated activities for the firm the person will follow the Individual Conduct rules:
  • Act with integrity
  • Act with due care, skill and diligence
  • Open and cooperative with the FCA, the PRA and other regulators
  • Pay due regard to the interests of customers and treat them fairly
  • Observe proper standards of market conduct

Work Experience and Qualifications:

• 2–3 years’ experience in investment operations, settlements, fund administration, loan operations or similar.
• Understanding of loan documentation and settlement processes (essential).
• Familiarity with private debt, corporate loans or fixed income (desirable).
• Knowledge of bond settlements and corporate actions (useful).
• Experience working with Fund Administrators or third‑party service providers.
• Strong organisational skills and ability to work under pressure to deadlines.
• Good analytical mindset with attention to detail.
• Strong Excel skills; proficiency in Word and PowerPoint.
• University degree or equivalent; strong A‑level results also considered.

Key Qualities:

• Technical & Analytical: Strong numeracy with ability to interpret operational/financial data, review documentation, and develop expertise in structured lending and leveraged products.
• Organisation & Communication: Highly organised with strong attention to detail, effective process control, and clear communication tailored for diverse stakeholders and senior audiences.
• Problem Solving & Improvement: Proactive in identifying issues early and contributing to continuous improvement through technical skill development, automation, and process enhancement.

Culture (Supporting, Growing, Thriving)

• Innovative
• Committed
• Client-Focused
• Collaborative
• Entrepreneurial
• High-Performing
• Respectful
• Supportive

The duties and responsibilities described here are not exhaustive; additional assignments may be required. Duties and responsibilities may be changed at any time, with or without notice, at Pemberton’s sole discretion. Pemberton is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion or belief, sex, gender, gender identity or expression, sexual orientation, age, disability, national origin, ancestry, citizenship status, marital or civil partnership status, pregnancy or maternity, veteran or military status, genetic information, or any other characteristic protected by applicable law. We value diversity and are dedicated to creating an inclusive environment for all employees. This policy applies to all terms and conditions of employment, including recruitment, hiring, placement, promotion, transfer, termination, compensation, benefits, training, and development. Pemberton is also committed to making reasonable adjustments to accommodate the needs of disabled employees and applicants. All employees, managers, and those involved in recruitment or employment decisions are required to comply with this policy.