Manager - Fund Operations - Credit

93 MGMT; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A specialist search firm is seeking a Manager for Credit Operations in Greater London. This role involves handling the full credit operations lifecycle across both private and public credit. Candidates should have 3-5 years of experience in credit or loan operations within alternative investment firms, with specific hands-on experience in ClearPar and knowledge of LMA/LSTA frameworks. The position emphasizes strong communication skills and a commitment to career development in alternative credit.

Qualifications

• 3-5 years in a credit or loan operations role.
• Experience in an alternative investment firm.
• Hands-on experience with ClearPar.

Responsibilities

• Process primary and secondary trade closings.
• Field escalations from portfolio managers.
• Pre-trade eligibility checking for CLO operations.
• Monitor cash positions and validate FX hedges.
• Expand into bond settlements and corporate actions.

Skills

Credit operations lifecycle knowledge

ClearPar experience

Strong communication skills

Understanding of LMA/LSTA frameworks

Job description

Manager - Credit Operations | Investment Support | Private & Public Credit

London · Permanent · 3‑5 years experience

Why

Credit operations roles tend to be narrow. One asset class, one stage of the process, limited sight of anything beyond your immediate workstream.

This is the opposite. You would join a team that covers the full credit operations lifecycle across both private and public credit; loans, bonds, CLOs, FX, cash, working directly alongside portfolio managers and traders who expect their ops function to be a genuine partner, not a downstream processor.

The team is long‑tenured, highly trusted by the front office, and deliberately built to develop people across the full product range. If you are early in your career and want to come out the other side knowing how a sophisticated credit platform actually operates from the inside, the scope here is difficult to match.

The Firm

A multi‑strategy credit platform. Institutional investor base. Complex, high‑conviction strategies spanning syndicated loans, structured credit, high yield, and special situations. A firm you would be proud to work for.

The operations team sits physically alongside the investment team and is treated accordingly.

The Role

Day‑to‑day, this means:

• Loan settlements – processing primary and secondary trade closings across European and US leveraged loans using LMA and LSTA frameworks; working in ClearPar, chasing counterparties, reconciling agreed versus documented terms, interpreting credit agreements end‑to‑end.
• Front office partnership – field escalations from portfolio managers and traders, advise on closing queries, and be a trusted point of contact rather than a downstream function.
• CLO operations – pre‑trade eligibility checking, drawdown processing, warehouse management, and support on due diligence packs for rating agencies and investors.
• Cash and FX management – monitoring multi‑currency cash positions across portfolios, validating FX hedges are within tolerance levels, and communicating cash availability directly to portfolio managers.
• Expanding scope – bond settlements, corporate actions, and broader credit operations coverage as you grow into the role. End‑to‑end product knowledge is the point, not specialism.

The Candidate

The preference is for someone with 3‑5 years in a credit or loan operations role in an alternative investment firm, with hands‑on ClearPar experience and exposure to LMA or LSTA loan closing. That is the core.

Backgrounds from bank syndicated loan desks, loan agency and trustee teams, or buy‑side credit operations at an asset manager or CLO platform will all be considered. This is a long‑term development role with genuine breadth; the hiring team are as interested in character, work ethic, and learning mindset as they are in an exact spec match.

You should be a strong communicator, comfortable working directly with investment professionals, and genuinely committed to building a career in alternative credit.

93MGMT is a specialist search firm focused on alternative asset management. All applications are handled in strict confidence.