Fund Administrative Assistant, Private Debt/Credit

Our client is one of Europe's leading investment management firms with more than 20 years experience investing in private debt/credit

The Group has more than 12 offices and is responsible for managing over €100bn of loans in the private credit market.

The successful candidate will be a member of the Fund Finance team working within the Transaction Services function to ensure efficient administration of the various strategies. It will suit someone with an operations, treasury or funds background, interested in joining an ambitions team to provide best in class service to the growing business.

Notably, they operate funds in multiple European jurisdictions and across a variety of structures, offering a great learning opportunity for the right candidate. Additional training will be provided on the job and the scope of the role will grow according to the potential of the successful candidate.

What you'll do:

From day one you'll be fully involved within the Transaction Services team with specific projects and tasks in the following areas:

• Overseeing and managing the transaction services mailbox, ensuring timely and accurate responses to inquiries with internal and external parties, escalating queries as needed
• Providing a regular summarised overview of transaction flow to the wider team, highlighting key information related to investment transactions, liquidity, and any other business
• Working closely with Investment, Portfolio Management, Finance Teams and external administrators, to ensure timely and efficient execution of investments, including initial coordination of fund allocations and preparation of support materials, payment approvals and instructions, as well as completion of related financing documentation
• Providing regulatory assistance, such as, preparing fund reports and filings, including FATCA/CRS
• Managing bank relationships including onboarding of new bank accounts, credit facilities and FX lines including ISDA documentation, and ongoing bank account monitoring
• Assisting fund accountants with fund liquidity such as, bank reconciliations, investor drawdown/distribution processes and hedging requirements
• Assisting other Fund Administration Assistants in the accounts payable function, ensuring this is working efficiently and within our service level
• Assisting the wider Fund Finance team with other ad-hoc duties, as required

What's required:

• University educated and could be a fresh graduate with some relevant internship experience or someone with 1-2 years experience in a similar finance administrative role
• Experience in the fund management sector is not essential but would be desirable
• The candidate should be familiar with the basics of payment processing with wider treasury experience preferred
• Numerate and able to demonstrate strong financial literacy
• Proficient in use of Microsoft Office particularly excel
• Strong organisational skills
• Excellent attention to detail
• A self-starter able to take initiative and ownership
• Strong team player, able to build relationships with both the wider business and external stakeholders
• Desire for continued development in fund finance environment
• Fluent written & spoken English, a second European language would be an advantage given the pan European nature of the business

Our reward for your work

• Competitive salary
• Participation in discretionary annual performance related bonus (as an additional % of salary)
• Fully paid comprehensive health care plan
• Other benefits include pension and life insurance
• 25 days holiday
• Regular social agenda