At a Glance
- Tasks: Manage funding and settlement of private debt transactions while collaborating with the investment team.
- Company: Dynamic finance firm focused on private credit operations.
- Benefits: Competitive pay, flexible hours, and opportunities for professional growth.
- Other info: This is an interim role starting in September with great learning potential.
- Why this job: Be at the forefront of private debt investments and make a real impact.
- Qualifications: Strong analytical skills and attention to detail are essential.
The predicted salary is between 40000 - 55000 £ per year.
This is a Private Credit Operations role focused on funding and settlement of private debt transactions, loan lifecycle management, leverage facility oversight, portfolio monitoring, and partnering closely with the investment/deals team.
About the Role
You would work closely with the Deals/Investment Team to ensure private debt investments are properly funded, recorded, monitored, and reported throughout their lifecycle.
Responsibilities
- Fund and settle private debt investments/loans and manage cash liquidity across the funds.
- Maintain loan records in Wall Street Office (WSO), including amendments, waivers, corporate actions, positions, and trades.
- Perform cash and position reconciliations on a daily, monthly, and quarterly basis.
- Work with Treasury on subscription lines, leverage facilities, and borrowing base calculations used to finance investments.
- Support fund accounting with monthly and quarterly NAV closes.
- Conduct portfolio analysis, including asset-level returns (IRRs and Mo Ms) and compliance monitoring.
- Support the launch and onboarding of new funds and broader operational improvement projects.
A large part of the role would involve
- Coordinating the funding of loans and investments once the deals team has agreed a transaction.
- Ensuring sufficient cash is available and borrowings are correctly calculated.
- Tracking loans throughout their life, including amendments and repayments.
- Acting as a key operational contact for the investment professionals, fund accountants, treasury team, and external counterparties.
Please note, this is an interim position with a September start date.
Operations Associate in London employer: Pure Search
At Pure Search, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Located in the vibrant Greater London area, we provide our employees with unparalleled growth opportunities, competitive benefits, and the chance to lead impactful tax strategies in a high-performance environment. Join us to make meaningful contributions while enjoying a supportive atmosphere that values your expertise and professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Operations Associate in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Pure Search.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Pure Search might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Operations Associate in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Pure Search will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Pure Search. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Pure Search confidence in your short-term commitment to the role.
How to prepare for a job interview at Pure Search
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Pure Search.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Pure Search that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
