Job Description
The Real Estate Middle Office Analyst is supporting the US residential debt strategy for Man Discretionary business. This role will support Portfolio and Asset Management activities and will be responsible for NAV oversight, cash management for asset purchases and loan administration & liaising with the Front Office. Possessing excellent communication and administrative skills, the Analyst will be responsible for a significant portion of the day-to-day operations support and managing relationships with our Operations counterparts at our clients & external counterparties.
Responsibilities:
- Assisting in the direction and administration of operations and processes for debt positions backed by real estate assets
- Calculate Net Asset Value (NAV) of funds on a daily, weekly and monthly basis including checking accrued income and expenses. Provision of intra-NAV estimates to the Asset Managers/Clients when requested.
- Liaise with the fund administrator/s to reconcile final fund NAVs
- Oversight of changes to incentive/performance fees, management fees, and any other fee structures in scope
- Check and process all cash management and payment processing activities for front office activities
- Responsible for the account setup and daily reconciliation of transactions ensuring accuracy of the entries generated
- Responsible for service provider relationships including but not limited to, fund administration, loan administration, banking, auditors, valuation agents, etc.
- Ensure the quality and effectiveness of the pricing governance and controls are maintained through identification and mitigation of pricing risks and the communication/documentation of any enhancements to the framework
- Assist in the preparation of annual financial statements and monthly investor reports
- Actively monitor risk by identifying trends and potential issues with operational controls
- Track deal terms and conditions for existing and prospective fund investments
- Verifying document inventory for newly acquired loans to ensure all terms and conditions are accurately captured by the loan admin
- Monitor compliance of lending counterparties with all facility covenants and requirements
- Review of loan servicing reports to ensure full principal amount is returned and that loan tracking system is updated to reflect paid off loans & outstanding interest
- Taking a proactive and innovative approach to enhancing processes and maintaining internal policies and procedures manuals
Key Skills & Experience:
- Qualified accountant or CFA preferred, alternatively 0-3 years audit experience with US Residential Debt Funds acceptable
- Excellent Microsoft skills (power point, excel and word)
- Strong communication skills, strong business knowledge and ability to multitask
- Good understanding of traded financial instruments
- A team player, who is also comfortable to take individual ownership
- Ability to communicate effectively with multiple senior stakeholders
Base Salary Range: The anticipated base salary range for this position is $100,000-$115,000 + benefits + a discretionary bonus. This is the base salary range that the Company believes it will pay for this position at the time of this posting based on the location and requirements of the position as well as the skills, qualifications, and experience of the applicant. The Firm reserves the right to modify this pay range at any time.
Our Culture, Values and Benefits at Man
Man Group is proud to provide the best working environment possible for all of its employees, and we are committed to equal opportunities. At Man Group we believe that a diverse workforce is a critical factor in the success of our business and this is embedded in our culture and values. There are a number of external and internal initiatives, partnerships and programmes that help us to attract and develop talent from diverse backgrounds and that encourage inclusion and diversity across our firm and the industry. Man Group is a Signatory of the Women in Finance Charter and the Race at Work Charter. Man Group is also a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact Peopleoperations@man.com. https://www.man.com/diversity
Man Group supports many charities, and global initiatives. We support professional training and development, and requests for flexible or part-time working. Employees are also offered two 'Mankind' days of paid leave per year as part of the Man Charitable Trust's community volunteering programme.
We offer comprehensive, firm-wide employee benefits including competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Additional benefits are tailored to local markets and may include private medical coverage, discounted gym membership and wellbeing programmes.
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 Peopleoperations@man.com.
