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Full-time
bachelor degree
Posted 51d ago
~40 hrs/week
Responsibilities
The role involves managing asset settlements, cash movements, and daily reconciliations for European and US CLO structures. It also includes preparing regulatory submissions, internal reporting, and supporting process improvements through AI and automation.
Requirements
Candidates should have a degree in finance, accounting, or economics and 2-3 years of experience in fund operations or financial services. Proficiency in Microsoft Excel and fluency in English are required, with Spanish skills being an advantage.
Full job description
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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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 over €89bn+.
The Permira private equity funds make both long-term 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, CLO Management and Structured Credit. Established in 2007, the firm advises investment funds and products which have provided over €24 billion of debt capital to over 300 businesses.
Permira employs over 500 people in 16 offices across Europe, the United States, the Middle East and Asia.
Offices: 80 Pall Mall, London, SW1Y 5ES, GB · Bockenheimer Landstrasse 33, Frankfurt am Main, 60325, DE · Palazzo Spinola, Via San Paolo, 10, Milan, 20121, IT · 320 Park Avenue, 28th Floor, New York, 10022, US · Room 2804, 28/F One Exchange Square, 8 Connaught Place, Central Hong Kong, HK