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For Companies At a Glance
- Tasks: Support the CLO platform, manage investor reporting, and oversee operational processes.
- Company: Join Permira, a leading global investment firm with a focus on growth.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Be part of a fast-paced team making impactful financial decisions.
- Qualifications: 4-7 years in middle office operations; strong Excel and communication skills required.
- Other info: Opportunity to streamline processes and enhance your career in finance.
The predicted salary is between 36000 - 60000 £ per year.
Permira is a global investment firm that backs successful businesses with growth ambitions. Founded in 1985, the firm advises funds across two core asset classes, private equity and credit, with total committed capital of approximately €80bn. The Permira private equity funds make both long-term majority (Buyout) and minority (Growth Equity) investments in four key sectors: Technology, Consumer, Healthcare, Services. The Permira credit funds support businesses with flexible financing solutions across Direct Lending, Strategic Opportunities and CLO Management. Established in 2007, the firm advises investment funds and products which have provided approximately €20 billion of debt capital to over 300 businesses.
Key Responsibilities
- Act as a key operational link supporting the European CLO platform and partnering closely with the Portfolio Manager and investment team.
- Manage end-to-end investor reporting processes, including payment dates and waterfall tie-outs, ensuring accuracy and timeliness.
- Oversee CLO warehouse closings, liaising with structuring, legal, and counterparties.
- Track and validate effective date reporting for new deals and refinancings.
- Reconcile trustee and agent reports to internal systems, resolving discrepancies.
- Track hypothetical trades and monitor portfolio compliance with CLO documentation and investment limitations.
- Coordinate closely with front office, risk, and compliance teams on transaction lifecycle.
- Maintain operational controls and audit trails in line with regulatory standards.
- Manage vendor relationships (trustees, administrators, custodians, data providers).
- Review and approve service provider deliverables to ensure SLA adherence.
- Monitor and process CLO warehouse drawings and repayments accurately.
- Contribute to system enhancements, process automation, and continuous improvement of middle office policies and procedures.
Desired Experience / Background
- 4–7 years’ experience in middle office / operations within CLOs, leveraged loans, or structured credit.
- Proficient user of CLO reporting platforms (e.g., WSO, LevPro) with strong Excel skills; exposure to Alteryx, VBA, or other automation tools a plus.
- Deep understanding of CLO structures, cashflow waterfalls, and investor reporting requirements.
- Solid knowledge of CLO documentation, portfolio compliance tests, and regulatory obligations.
- Highly organised with a control mindset, strong attention to detail, and proven delivery under deadlines.
- Clear and confident communicator – fluent English required; other European languages an advantage.
- Strong stakeholder management skills with ability to build effective relationships with Portfolio Managers, trustees, agents, and administrators.
- Comfortable multi-tasking across multiple transactions, balancing speed with accuracy.
- Curious, analytical, and eager to streamline processes, challenge inefficiencies, and implement improvements.
- Resilient, proactive, and motivated to thrive in a fast-paced, high-accountability environment.
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Seniorities
- Not Applicable
Employment type
- Full-time
Job function
- Industries: Software Development
London, England, United Kingdom
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Associate, Fund Operations (CLO) employer: Permira
Contact Detail:
Permira Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate, Fund Operations (CLO)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working at Permira or similar firms. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Brush up on CLO structures, cashflow waterfalls, and investor reporting requirements. The more you know, the more confident you'll feel when discussing your experience.
✨Tip Number 3
Show off your skills! If you’ve got experience with CLO reporting platforms or automation tools, make sure to highlight that during conversations. It’s all about demonstrating how you can add value to the team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Permira.
We think you need these skills to ace Associate, Fund Operations (CLO)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Associate, Fund Operations role. Highlight your experience in middle office operations and any relevant skills with CLOs or structured credit. We want to see how your background aligns with what we do!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Show Off Your Attention to Detail: In this role, accuracy is key. When submitting your application, double-check for any typos or errors. A polished application shows us you have the control mindset we’re looking for!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it makes it easier for us to keep track of your application!
How to prepare for a job interview at Permira
✨Know Your CLO Basics
Before heading into the interview, make sure you brush up on your knowledge of CLO structures and cashflow waterfalls. Understanding these concepts will not only show your expertise but also demonstrate your genuine interest in the role.
✨Master the Reporting Tools
Familiarise yourself with CLO reporting platforms like WSO or LevPro. If you can, practice using Excel to create reports or analyse data. Being able to discuss your proficiency in these tools will give you an edge over other candidates.
✨Showcase Your Organisational Skills
Prepare examples that highlight your ability to manage multiple transactions while maintaining accuracy. Think of specific instances where you successfully balanced speed and attention to detail, as this is crucial for the role.
✨Communicate Clearly and Confidently
Practice articulating your thoughts clearly, especially when discussing complex topics like regulatory obligations or investor reporting requirements. Good communication skills are key, so be ready to engage in a dialogue and ask insightful questions.