Analyst - CLO Operations (London)

Tbwa Chiat/Day Inc; London; Hybrid; GBP 35,000 - 55,000; Full time

Job description

HPS Investment Partners is a leading global investment firm that seeks to provide creative capital solutions and generate attractive risk-adjusted returns for our clients. We manage various strategies across the capital structure, including privately negotiated senior debt; privately negotiated junior capital solutions in debt, preferred and equity formats; liquid credit including syndicated leveraged loans, collateralized loan obligations and high yield bonds; asset-based finance and real estate. The scale and breadth of our platform offers the flexibility to invest in companies large and small, through standard or customized solutions. At our core, we share a common thread of intellectual rigor and discipline that enables us to create value for our clients, who have entrusted us with approximately $149 billion of assets under management as of December 2024. HPS has approximately 250 investment professionals and over 770 total employees, and has fourteen offices globally.

HPS believes in the importance of giving back to its communities, and in promoting diversity and inclusivity at the firm. We are dedicated to fostering enduring community relationships, and we support our team’s community involvement through volunteer work, board service, and other contributions. In addition, environmental, social, and governance (ESG) considerations are central to HPS’s culture and investment processes.

Department Description

The CLO Operations team is responsible for reporting data to the Portfolio Manager, Investors, and the Administrative Bank. The Operations team works to guarantee cash, position and information in the software is accurate.

Position Description

HPS is currently hiring for an Analyst level Middle Office / Operations candidate to join the European CLO Operations team based in London, focusing primarily on day-to-day operations and reporting for our European CLO Business. The candidate will be an integral part of the CLO Operations team with long-term growth opportunity, and involvement in a range of responsibilities, while reporting to the Executive Director in London. The individual should be highly organized with strong attention to detail, be able to meet strict deadlines in a fast-paced environment and have the ability to work both independently and as part of a team.

Responsibilities

• Daily monitoring/reconciliation of cash, positions and CLO compliance tests
• Periodic CLO investor reporting and waterfall calculations
• Preparation of hypothetical test trade scenarios
• Modelling and verification of CLO and warehouse compliance tests
• Understanding CLO governing documentation and outlining necessary compliance requirements to be monitored
• Navigating through CLO lifecycle, Closings / Effective Dates / Resets / Refis
• Working with internal IT / Tech teams to develop improved processes and efficiency gains
• Ad-hoc special projects as requested by portfolio managers and other internal groups
• Routine interaction with internal teams, corporate service providers, trustees and administrators

Candidate Profile

• 1-2 years experience in Financial Services within a similar role
• Graduate with a bachelor’s degree ideally in a finance or an accounting discipline
• Knowledge of Fixed Income instruments (specifically Loans/Bonds) and the CLO market.
• Is solutions oriented and has experience of managing/optimizing operational processes
• Is aware of market trends and current industry initiatives that can impact the business
• Must be detail-driven and a natural problem solver, have the resolve to independently research problems and offer solutions
• Ability to manage projects, multi-task and prioritise effectively
• Strong interpersonal and communication skills
• Positive attitude and ability to work under pressure
• Strong Microsoft Office knowledge (particularly Excel). Skyroad, VPM and Bloomberg would be beneficial

Location

• London, UK

Hybrid Work Schedule

• 4/1 split (F work from home, M-Th work from office.)