Middle Office Analyst

Greenhouse Software, Inc.; London; On-site; NOK 818,000 - 1,259,000; Full time

Benefits offered by this job

Mankind days

Private medical coverage

Pension/401k

Job summary

Man Group is seeking a Middle Office Analyst to support Asset Managers with fund profit and loss analysis and NAV calculations. You will review P&L across asset classes, validate security-level data, and support hedging and reconciliations with fund administrators.

Strong numeracy, coding with Python, and SQL skills are essential. The role involves using Bloomberg data, Excel and in-house tools, with opportunities to influence process improvements and reporting quality.

Qualifications

• Strong academic record and highly numerate.
• Programming experience in Python, Git, VBA and SQL is a strong advantage.
• 2–7 years of relevant experience at Investment Bank, Asset Manager, or Administrator.

Responsibilities

• Review and analyse fund profit and loss accounts across asset classes using firm systems and Bloomberg data.
• Check fund P&L accuracy at security level with risk-based measures and OTC derivatives.
• Calculate NAV of funds including complex management and performance fees.
• Coordinate with fund administrators to reconcile NAVs.
• Utilise in-house tools like Python, Confluence and Excel to deliver metrics and visualisations.
• Assist with feeder-master fund rebalance and volatility parameter tuning for client exposures.
• Set up new fund routes and liaise with structuring and PMs on parameter changes.
• Review FX exposures and instruct hedges for cash inflows/outflows.
• Review reconciliations between custodians, prime brokers and internal records.
• Contribute to data requests for fund performance/exposure and attend pricing committees.

Skills

Python

Git

VBA

SQL

Numeracy

Analytical thinking

Stakeholder communication

Education

Quantitative degree

Tools

Bloomberg

Confluence

Excel

Python

Git

SQL

Job description

Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent.

Headquartered in London, we manage $253.6 billion* and operate across multiple offices globally. Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com

At Man Group, we respect your privacy and we are committed to protecting and safeguarding your Personal Data. We have developed policies and processes which are designed to provide for the security and integrity of your Personal Data. We are committed to Processing your Personal Data fairly and lawfully, and being open and transparent about such Processing. For further information on how we process your data, please see the privacy notice for applicants here.

* As at 30 June 2026

The Middle Office Analyst is primarily responsible for assisting Asset Managers by providing review/analysis of fund profit and loss accounts and calculating the Net Asset Value (NAV) of funds. They are responsible for highlighting potential operational or valuation issues to the Asset Manager.

Specific Responsibilities

• Using the firm’s systems and other available tools (Bloomberg Vendor data etc.) to review and analyse fund profit and loss accounts across asset classes.
• Reviewing accuracy of fund profit and loss at security level using risk-based measures (Greeks) including both exchange traded instruments and OTC’s (Over the counter) derivatives
• Calculate Net Asset Value (NAV) of funds including complex management and performance fee calculations
• Liaise with the fund administrator/s to reconcile final fund NAVs
• Utilising in house technology, python, confluence, excel and other applications to deliver efficient solutions to improve or deliver new metrics and visualisation of both reporting and control process’
• Implementing the Feeder – Master fund rebalance, applying fund and programme specific volatility parameters to give clients correct target exposures and maintain appropriate cash levels
• Setup of new fund routes and restructures to cater to client or programme manager changes. Liaising with structuring, portfolio managers and AHL research teams to implement parameter changes with a consistently high attention to detail and consideration for potential impact.
• Review foreign exchange exposures and instruct hedges required from capital inflows and outflows
• Review reconciliations between Custodians, Prime brokers and the investment engine’s internal records, co-ordinating investigation and/or correction of breaking items where required
• Contributing to updates and implementing new requests for data on Fund performance or exposure.
• Attend meetings with administrators and pricing committees
• Review existing systems / processes / procedures and MIS to identify areas of possible enhancements
• Represent the team on wider Man projects such as trading system enhancements and regulatory change integration
• Strong academic record and highly numerate – required
• Programming experience in ideally Python, Git, VBA, SQL a strong advantage
• Circa 2-7 years relevant experience at either an Investment Bank, Asset Manager, Administrator
• A team player, who is collaborative in nature.
• Strong analytical and problem-solving skills, control mindset
• Comfortable taking individual ownership and initiative
• Ability to communicate effectively with stakeholders including Operations, Research and Trading, Technology Risk, Legal, Sales and our third-Party Administrators

Inclusion, Work-Life Balance and Benefits at Man Group
You'll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiatives, partnerships and programmes, you'll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry. Learn more at www.man.com/diversity .
You'll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you'll receive two annual 'Mankind' days of paid leave for community volunteering.

Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Depending on your location, you may also enjoy additional benefits such as private medical coverage, discounted gym membership options and pet insurance.

Equal Employment Opportunity Policy

Man Group provides equal employment opportunities to all applicants and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age or any other legally protected category or status in accordance with applicable federal, state and local laws.

Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact [e-mail] .