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Fund Management Associate, Private Credit

London, United Kingdom, £ £ - Annual Annual, Permanent

Description:

Macquarie Infrastructure and Real Assets division has an opportunity for an experienced candidate to join the Fund Management Team supporting the Private Credit business in our London office.

Our Infrastructure & Real Assets division helps finance essential real assets, including infrastructure, social housing and healthcare accommodation, through the provision of private credit. Through its managed funds and partnerships with clients, our Private Credit team oversee approximately €9.7 billion in debt investments as at 31 March 2020. Macquarie's infrastructure debt asset management business, Macquarie Infrastructure Debt Investment Solutions is housed within the Private Credit division.

The successful individual will utilise operational skills and relationship-building skills; they will work closely with individuals across the wider Private Credit business (Investment Team, Legal, Risk and Investor Solutions), as well as external fund administrators, middle office teams and custodians. The successful individual will manage life cycle events of transactions, from execution phase through to oversight of the day-to-day transactional activities (e.g. repayments, interest payments and prepayments) but also coordinate the flow of funds from investor to borrower via an array of Fund products or Separately Managed Accounts.

In this new role, you will be required to:

  • Work as part of the deal team; when a new investment is being originated, the individual will ensure the debt is structured appropriately from an operational perspective to reduce settlement risk
  • The individual will ensure all specific client variables are considered at origination including onboarding, funding timeline/timezones, and specific funding mechanics
  • Review draft loan agreements and supporting documentation for accuracy and completeness. Establish a thorough understanding of both the legal and operational aspects of each transaction you are assigned to
  • Develop relationships with key contacts at clients, fund administrators and custodians to enable clear communication in relation to settlement of a transaction
  • Model/input key features of the investment in the valuation system/system of record
  • Manage the full range of Fund activities alongside our Fund Administrator, including new investments, capital calls and fees
  • Contribute/implement ideas for operational process improvement

You may also be involved in various aspects of treasury and liquidity management for the Funds including optimising the FX and hedging requirements of the Fund and managing investor drawdowns and distributions.

You will help drive policy adherence across the team and help ensure a robust risk management control framework is in place.

Being tertiary qualified with advanced Excel skills, you will combine your experience in Fund Management or Loan operations with your attention to detail to form an integral part of a very successful Fund Management team, delivering a high level of service to our stakeholders and clients.

Your strong prioritisation skills, being able to deliver within tight timelines, your effectiveness in planning and ensuring quality output will be essential in this role. You will have excellent written and oral communication skills, and be a highly motivated, proactive, and resilient individual.

You will demonstrate sound business judgement and possess strong interpersonal skills which will give you the ability to liaise with stakeholders at all levels.

Finally, your experience in a similar type role - for example working on closed-end or open-ended private equity or debt Funds would be advantageous, although not essential.

About Macquarie Asset Management

Macquarie Asset Management is a large scale, global asset manager, providing clients with access to a diverse range of capabilities and products across infrastructure, real estate, natural resources, private credit, fixed income, equities, multi-asset and liquid alternatives. As at 31 December 2020, Macquarie Asset Management had $A550.9 billion of assets under management.

Our commitment to Diversity and Inclusion

The diversity of our people is one of our greatest strengths, and an inclusive workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of 'empowering people to innovate and invest for a better future', we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.

As an inclusive employer, Macquarie does not discriminate on the grounds of age, disability, sex, sexual orientation, gender identity or expression, marriage, civil partnership, pregnancy, maternity, race (including colour and ethnic or national origins), religion or belief.

Joining Macquarie means you'll be able to work in a way that suits you best. With the right technology, support and resources, our people can work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.

Job Details

1304852382
Full Time
London, United Kingdom
Permanent
£ £ - Annual Annual