Our client is a leading international asset manager looking for looking for a head of fund finance for their credit and special situations business, managing a team of 4.
Full ownership and responsibility for a number of private credit funds, and separated managed accounts, from a global perspective
Oversight of cash management and co-ordination of credit facility drawings as well as interacting with Portfolio Managers on investor drawdowns (including multi-currency tranche level equalisations)
Quarterly review of distribution calculations to investors, liaising with the Investment team including the calculation of management fees; payment of expenses and interest payments to the Limited Partners.
Analysing movements and trends in performance (IRRs, multiples) at asset and fund levels including the use of shareclass and portfolio hedging, as well as understanding and applying the mechanics of multi-currency tranche level hedging gains and losses and their associated impact on returns;
Enhance the team's framework of monthly and quarterly processes/controls as appropriate
Liaising with internal stakeholders (Portfolio Managers, Analysts, Business Development)
Review of board packs and assist/present at board meetings to the Directors of the funds in various jurisdictions.
Further interactions with Product Structuring, Investment and Legal teams on fund queries, budgeting and expense monitoring as well as involvement in new fund launches.
Detailed understanding and interpretation of legal documentation including Prospectus, Limited Partnership Agreements, Credit and other third party agreements.
Preparation of monthly information on KRIs & KPI's, in order to help senior management analyse, attribute & comment on operational performance.
Prior team management
Significant experience working in fund management on debt asset classes