At a Glance
- Tasks: Manage cash reconciliations and analyse property valuations in a dynamic investment environment.
- Company: Join Man Group, a leading global alternative investment management firm.
- Benefits: Enjoy competitive pay, flexible working, and generous leave for community volunteering.
- Other info: Embrace a culture of inclusion and professional growth at Man Group.
- Why this job: Kickstart your career in finance while making a real impact on investment operations.
- Qualifications: Ideal for analytical minds with a passion for finance and teamwork.
The predicted salary is between 54000 - 66000 £ per year.
About Man Group
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 $253.6 billion and operate across multiple offices globally.
At Man Group, we respect your privacy and we are committed to protecting and safeguarding your Personal Data. We have developed policies and processes which are designed to provide for the security and integrity of your Personal Data. We are committed to Processing your Personal Data fairly and lawfully, and being open and transparent about such Processing.
About The Role
The Discretionary Middle Office is responsible for ensuring the operational control environment for our Discretionary business runs efficiently, accurately, and in a highly controlled manner. As an Analyst, you will run key operational processes independently while continuing to develop broader technical and operational expertise in real estate operations. Managing daily cash reconciliations, performing rigorous oversight of quarterly NAVs produced by Fund Administrators, and analysing property-level valuations alongside the front office will be core to the role. Contributing to the evolution of the team's core processes and identifying solutions to ongoing operational requirements will also be key to your individual growth.
Responsibilities
- Perform daily reconciliation of cash breaks, investigating and resolving exceptions promptly to ensure the accuracy of fund records.
- Review and constructively challenge quarterly Net Asset Values (NAVs), liaising directly with the fund administrator on NAV preparation as well as recurring investor reporting.
- Collaborate closely with external valuation agents to assist in producing quarterly real estate valuations and conducting detailed analysis of these valuations.
- Partner with the front office investment team to deliver property-level reporting and granular valuation analytics.
- Respond to detailed investor queries, demonstrating the ability to articulate and explain complex valuation movements clearly and confidently.
- Invoice payment processing for property and fund costs, ensuring strict adherence to all internal controls and anti-fraud policies.
- Review of UK GAAP and IFRS financial statements and overall management of the year-end audit cycle.
Technical Development
- Contribute to the team's continuous improvement of systems, controls, and workflows to mitigate operational risk.
- Learn and utilize reporting and data tools to enhance team processes, property-level analytics, and automation initiatives.
Stakeholder Engagement
- Collaborate with team members, front office investment professionals, and external partners (fund administrators, valuation agents, auditors) in both daily activities and long-term projects.
- Communicate findings, reporting data, and recommendations clearly to various internal and external stakeholders, acting as a reliable representative of the Middle Office.
Technical Competencies
- 0 to 3 years of professional experience, with a strong motivation to build a career in investment operations.
- Strong analytical mindset with the ability to solve complex problems and analyse valuation metrics.
- Keen attention to detail and strong organisational skills.
- Ability to work both independently and as a highly collaborative part of a team.
- Excellent communication skills and the confidence to raise questions, challenge data, and explain complex concepts.
- Demonstrated ability to learn new concepts quickly.
- Strong academic background in an analytical or finance-oriented field (Finance, Accounting, Real Estate, Economics, Mathematics, or similar disciplines).
Advantageous (but not required)
- Previous exposure to the financial services industry, particularly developing a working knowledge of real estate operations, property valuation, or fund accounting.
- Professional qualifications (accountancy qualifications, CFA, CAIA) or actively studying towards them.
- Basic programming knowledge (e.g., Python, SQL, advanced Excel) with an enthusiasm to develop technical skills.
Inclusion, Work-Life Balance and Benefits at Man Group
You’ll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiatives, partnerships and programmes, you’ll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry.
You’ll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you’ll receive two annual ‘Mankind’ days of paid leave for community volunteering. Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Depending on your location, you may also enjoy additional benefits such as 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. Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact TalentAcquisition@man.com.
Analyst, Discretionary Middle Office Accounting employer: Visspo
At Checkout.com, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. With our London headquarters at the forefront of fintech innovation, we offer employees the chance to engage in meaningful work that drives impact from day one, alongside opportunities for personal and professional growth. Our hybrid working model ensures flexibility while promoting collaboration, making Checkout.com a truly rewarding place to advance your career in communications.
StudySmarter Expert Advice🤫
We think this is how you could land Analyst, Discretionary Middle Office Accounting
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Visspo. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Analyst, Discretionary Middle Office Accounting
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.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Visspo.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Visspo's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Visspo
✨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 Visspo.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Visspo will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Visspo 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.
