Fund Specialist

Orbis Group; Greater London; Hybrid; GBP 70,000 - 110,000; Full time

Job summary

Orbis Group in London is seeking a Credit Middle Office Specialist to join its Hybrid team. The role focuses on credit derivatives middle office and provides exposure to portfolio managers, complex fund structures, valuations, P&L and change initiatives.

You will review pricing and valuations across fixed income instruments, analyse daily P&L, NAV calculations, and support governance, controls and automation to improve efficiency.

Qualifications

• Strong understanding of Fixed Income and Credit products (bonds, CDS, loans).
• Experience in Fund Operations, Fund Accounting and Product Control is beneficial.
• Proficient Excel skills; interest in Python/SQL for automation and reporting.

Responsibilities

• Review pricing and valuations across bonds, loans, CDS and other fixed income/credit instruments.
• Analyse and explain daily portfolio P&L and provide performance information to investment teams.
• Review NAV calculations across complex fund structures and coordinate with external administrators.
• Support pricing controls and identify valuation and operational risks.
• Manage operational activity around fund launches, closures and significant investor cash flows.
• Support portfolio activity including rebalancing and FX hedging for subscriptions/redemptions.
• Work closely with Portfolio Managers, Operations, Finance, Compliance and Technology.
• Provide MI and analysis covering performance, trading activity, fees and portfolio costs.
• Support wider fund migrations, system implementations and regulatory/change initiatives.
• Identify opportunities to improve controls and automate manual processes.

Skills

Fixed Income

Credit Products

Excel

Python

SQL

Front Office interaction

Tools

Bloomberg

Markit

Job description

Credit Middle Office Specialist – Credit Derivatives - Investment Management - London - Hybrid

I’m working with a leading global alternative investment manager looking to add a Credit Middle Office Specialist to its London team.

This is a great opportunity for someone with strong Credit Derivatives Middle experience who wants to move into a more technical and investment-facing position, with exposure to portfolio managers, complex fund structures, valuations, P&L and wider change initiatives.

The role:

Sitting within the Public Markets Credit business, you’ll support a range of fixed income and credit strategies and take ownership across key areas of fund and portfolio operations.

Key responsibilities will include:

• Reviewing pricing and valuations across bonds, loans, CDS and other fixed income/credit instruments.
• Analysing and explaining daily portfolio P&L and providing performance information to investment teams.
• Reviewing NAV calculations across complex fund structures and working with external administrators to investigate discrepancies.
• Supporting pricing controls and identifying potential valuation and operational risks.
• Managing operational activity around fund launches, closures and significant investor cash flows.
• Supporting portfolio activity including rebalancing and FX hedging associated with subscriptions and redemptions.
• Working closely with Portfolio Managers, Operations, Finance, Compliance and Technology.
• Providing MI and analysis covering performance, trading activity, fees and portfolio costs.
• Supporting wider fund migrations, system implementations and regulatory/change initiatives.
• Identifying opportunities to improve controls and automate manual processes.

What we’re looking for:

• Strong understanding of Fixed Income and Credit products, ideally including bonds, CDS and loans.
• Experience within Product Control, Fund Operations, Fund Accounting.
• Good knowledge of NAVs, pricing/valuations and P&L within fixed income or credit portfolios.
• Exposure to complex fund structures and external fund administrator oversight would be beneficial.
• Familiarity with pricing sources such as Bloomberg and Markit.
• Strong Excel skills and an interest in developing Python and/or SQL for automation and reporting.
• Comfortable working directly with Front Office / investment teams and senior stakeholders.
• An interest in process improvement, technology and operational change.

Why consider it?

This isn't a traditional processing-focused Middle Office position. You'll have direct exposure to investment teams and portfolio managers, while developing deeper knowledge across credit valuations, fund structures and portfolio performance.

You'll also join a highly regarded global investment business that places significant emphasis on technology, data and automation, giving you the opportunity to become involved in projects beyond your day-to-day Middle Office responsibilities.