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Job Description
- Req#: JR004297
- Working with various internal and external counterparties to support Man’s CLOs operations, this role requires an active knowledge of CLO Investment Guidelines, Legal Documentation such as Prospectuses, Indentures and Warehouse Documentation, and will assist with, in order:
- running periodic reporting,
- cashflow calculations,
- waterfall distributions,
- running hypothetical trade test scenarios,
- trade support and loan settlement
- reconciliation of positions and cash
- as well as a range of middle office activities
- Take responsibility for par and distressed LSTA Bank Loan closing, using Clearpar and/or offline. Experience with and understanding loan transfer, as well as Tax and KYC documentation involved in the process.
- Assist with
- various internal / external reporting requests
- regulatory & audit requests.
- overseeing fees, invoices and other expenses
- Next to front office, trading and operations regularly interact with other internal departments, such as risk, legal and compliance.
- The ideal candidate will bring some knowledge of CLO transactions, understand their structure incl. rating agency methodologies and are familiar with cashflows as well as the life cycle of underlying leveraged loan investments.
- 3 to 5 years’ experience in an operational role with CLOs and/or loans
- Reconciliation and troubleshooting skill sets required
- Analytical mindset
- Expert knowledge of MS Office, especially Excel
- WSO, Allvue or similar CLO & Loan specific software knowledge
- Bloomberg (advantageous)
Purpose of the Role
Working in Credit Operations, within the Investment Operations team, the role of a successful CLO Operations Analyst is to support our US CLO business. Assisting the front office in various daily functions such as analytics, reporting and trade support.
Specific Responsibilities
Key Competencies
Base Salary Range: The anticipated based salary range for this position is $110,000 - $120,000 + benefits + a discretionary bonus. This is the base salary range that the Company believes it will pay for this position at the time of this posting based on the location and requirements of the position as well as the skills, qualifications, and experience of the applicant. The Firm reserves the right to modify this pay range at any time.
Our Culture, Values and Benefits at Man
Man Group is proud to provide the best working environment possible for all of its employees, and we are committed to equal opportunities. At Man Group we believe that a diverse workforce is a critical factor in the success of our business and this is embedded in our culture and values. There are a number of external and internal initiatives, partnerships and programmes that help us to attract and develop talent from diverse backgrounds and that encourage inclusion and diversity across our firm and the industry. Man Group is a Signatory of the Women in Finance Charter and the Race at Work Charter. Man Group is also a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact HRSO@man.com . https://www.man.com/diversity
Man Group supports many charities, and global initiatives. We support professional training and development, and requests for flexible or part-time working. Employees are also offered two 'Mankind' days of paid leave per year as part of the Man Charitable Trust's community volunteering programme.
We offer comprehensive, firm-wide employee benefits including competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Additional benefits are tailored to local markets and may include private medical coverage, discounted gym membership and wellbeing programmes.
- Working with various internal and external counterparties to support Man’s CLOs operations, this role requires an active knowledge of CLO Investment Guidelines, Legal Documentation such as Prospectuses, Indentures and Warehouse Documentation, and will assist with, in order:
About the company
Man Group plc is an active management business initially founded as a sugar cooperage and brokerage by James Man in 1783.
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