Associate, Fund Operations (CLO)

Permira; Madrid; Presencial; EUR 50.000 - 70.000; Jornada completa

Descripción de la vacante

Permira in Madrid is seeking a Fund Operations Associate to support European and US CLO strategies, coordinating with teams in London and the US across settlements, reporting and regulatory submissions.

The role emphasizes data accuracy, process improvement and the use of AI tools to streamline operations; requires degree in finance, 2–3 years experience, and strong Excel and communication skills.

Formación

• Degree level educated; finance, accounting or economics preferred.
• 2–3 years’ experience in fund operations or related operational role.
• Eagerness to develop solid understanding of Loan, Bond and CLO markets.
• Strong interest in AI and process improvement, with curiosity for how technology can enhance operations.
• Highly competent in Microsoft Excel with strong attention to detail and organisational skills.
• Excellent communication skills; team oriented with motivation and integrity.
• Ability to manage multiple tasks and meet tight deadlines under pressure.

Responsabilidades

• Review asset settlements and cash movements across European and US CLOs.
• Identify and resolve daily cash reconciliation breaks across funds.
• Compile daily front office reporting to support trading and portfolio management.
• Prepare and finalise daily and quarterly regulatory submissions (ESMA, MiFID II, US equivalents).
• Produce internal fund reporting for weekly and monthly distributions.
• Input security instructions in custodian systems for settlements and corporate actions.
• Maintain CLO warehouse drawdown schedules and accruals; assist with tie-out and closing.
• Support process improvement and system enhancement initiatives.
• Assist with annual audits and respond to due diligence and KYC requests.
• Track invoices and respond to internal data requests promptly.
• Identify opportunities to leverage AI and automation to improve workflows.

Conocimientos

Fluent English

Microsoft Excel

Attention to detail

Time management

Teamwork

Educación

Degree in Finance / Accounting / Economics

Herramientas

Microsoft Excel

Descripción del empleo

About Permira

Permira is a global investment firm that backs successful businesses with growth ambitions. Founded in 1985, the firm advises funds across two core asset classes, private equity and credit, with total committed capital of approximately €89bn. The Permira private equity funds make both buyout and growth equity investments in four key sectors: Technology, Consumer, Healthcare and Services. The Permira credit funds support businesses with flexible financing solutions across Direct Lending, Strategic Opportunities and CLO Management. Established in 2007, the firm advises investment funds and products which have provided approximately €25 billion of debt capital to over 300 businesses.

About Permira

Permira is a global investment firm that backs successful businesses with growth ambitions. Founded in 1985, the firm advises funds across two core asset classes, private equity and credit, with total committed capital of approximately €89bn. The Permira private equity funds make both buyout and growth equity investments in four key sectors: Technology, Consumer, Healthcare and Services. The Permira credit funds support businesses with flexible financing solutions across Direct Lending, Strategic Opportunities and CLO Management. Established in 2007, the firm advises investment funds and products which have provided approximately €25 billion of debt capital to over 300 businesses.

Permira Credit are seeking to recruit a Fund Operations Associate to join the CLO Operations team based in Madrid. The successful candidate will support both European and US CLO strategies, working closely with colleagues in London and the US across a broad range of operational and support processes.

Key Responsibilities

• Reviewing asset settlements and cash movements across European and US CLO structures, maintaining data management system accuracy and supporting data quality standards across fund records
• Identifying and resolving daily cash reconciliation breaks across all funds
• Compiling daily front office reporting to support trading and portfolio management teams
• Preparing and finalising daily and quarterly regulatory submissions including ESMA, MiFID II and equivalent US requirements
• Producing internal fund reporting for weekly and monthly distribution
• Inputting security instructions in custodian systems for settlement and corporate actions
• Maintaining CLO warehouse drawdown schedules and accruals, and assisting with warehouse tie out and closing processes
• Supporting project implementation across process improvement and system enhancement initiatives
• Assisting with annual audit requirements and responding to due diligence and KYC requests
• Tracking and preparing invoices and responding to internal data requests in a timely and accurate manner
• Identifying opportunities to leverage AI and automation tools to improve operational workflows and reporting efficiency

Desired Experience / Background

• Degree level educated; finance, accounting or economics preferred
• 2–3 years’ experience in fund operations, financial services or a related operational role
• Eagerness to develop a solid understanding of the Loan, Bond and CLO markets
• Strong interest in AI and process improvement, with a curiosity for how technology can enhance operational processes
• Highly competent in Microsoft Excel with strong attention to detail and organisational skills
• Excellent communication skills; team focused with high levels of motivation and integrity
• Ability to manage multiple tasks and work to tight deadlines under pressure

Fluent in English; Spanish language skills an advantage given Madrid location

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