Associate, Fund Administration

Job Title: Associate, CLO Operations
Contract Type: Permanent, full-time
Location: London, St Pauls
Department: Investment Operations

What the Hiring Manager says….

‘This is a fantastic opportunity for a highly motivated, high calibre and ambitious Associate level candidate to join a CLO Operations team within a well-regarded, FTSE-100 Investment Manager. The role will be fast paced and require interaction with multiple stakeholders. It will suit an individual who has a high degree of technical capability, is highly inquisitive and has excellent communication skills.’

Summary of our opportunity

ICG is one of the leading investment managers in the CLO sector and Liquid Funds space and currently manages over $20bn of assets across these strategies.

The EU and US CLO Operations Teams are responsible for tracking investments and ensuring investors and portfolio managers have accurate and timely portfolio information. The team is also responsible for the documentation of CLOs and deals extensively with third party administrators and trustees. Activities will also include testing to ensure the portfolio remains within its pre-agreed compliance boundaries.

Summary of Opportunity

• The main responsibilities of this role include, but are not limited to:

• Monitor daily traded cash projections.

• Produce hypothetical trade results for Portfolio Managers proposed trades.

• Produce detailed weekly portfolio status reports and present to Portfolio Manager. Advise on compliance test results, funding requirements and trading opportunities.

• Work with Portfolio Management team, marketing and client relations, finance and external Middle Office provider.

• Attend KPI meetings with Administrators and external Middle Office provider.

• Identify and resolve issues relating to day to day trading activity, investor queries and service provider escalations.

• Provide oversight for external Middle Office in monthly and payment date reporting, as well as reviewing waterfall calculations.

• Review and interpret complex legal documentation.

Key Requirements/ Qualifications

Essential

• Experience with a CLO Manager or alternative investment manager, Trustee or CLO administrator

• Relevant background in finance, economics, business, or accounting

• Advanced Excel skills, use of Excel Add-in’s a plus

• An ability to utilise AI tools

• Ability to remain calm under pressure when working to tight deadlines

• Comfortable and confident in dealing with Portfolio Managers and other team members

• A positive attitude, good teamwork and relationship building skills

• Ability to read and digest complex legal and technical documents

Desirable

• Exposure to systems for loan management (e.g. Allvue, WSO/Nexus)

• Proactive in problem solving

• Enjoys being a part of a team but is able to work independently

• A strong change and development mindset

Personal Attributes

Personal attributes that will make you successful in this role include but are not limited to:

• Educated to degree level

• Have the ability to drive effective day-to-day operational execution

• Relationship Management and ability to manage stakeholders’ expectations

• Assists in generating ideas on improving the effectiveness of processes, applications and techniques

• Works independently for most tasks and manages day-to-day activities of own role with limited direction

• Can work alongside more senior colleagues on more complex transactions or projects

• Proactive in identifying opportunities to contribute to broader organisational initiatives

• Confident in taking ownership of responsibilities and driving tasks forward

• Flexible in dealing with multiple and changing priorities Our Global Benefits

Framework is centred around these 3 key attributes:

• Wellbeing - Supporting your mental, physical and financial wellbeing as well as your lifestyle needs.
• Inclusivity – Fit for purpose and competitive, no matter who or where you are.
• Longevity – Long Term and sustainable in design.

Inclusion is one of ICG’s key values and we are committed to creating an equitable and inclusive workplace for everyone. By welcoming different perspectives, we strengthen ICG’s performance, enrich decision-making and contribute to better outcomes for our clients, colleagues, and the markets we serve. Accordingly, our recruitment processes provide equal employment opportunities to all applicants and employees, regardless of age, ethnicity, disability, sex, gender, sexual orientation, religion, or any other characteristic protected by local law.

We are equally committed to delivering an inclusive and accessible candidate experience. If you require information in an alternative format, additional time for assessments, an adjusted interview schedule, or any other support during the recruitment process, please let us know.