Specialist Credit, Discretionary Middle Office

About Man Group

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 and is a constituent of the FTSE 250 Index. Further information can be found at

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 applicantshere.

* As at 30 June 2026

Purpose of Role

The Public Markets Credit Middle Office team is responsible for security pricing controls NAV calculations fee modelling and portfolio rebalancing across Feeder/Master/Multi-Book structures. The team also sets trading levels and instructs FX hedges related to client capital flows across Mans Public Markets Fixed Income/Credit Funds.

TheSpecialist Credit Discretionary Middle Officewill play a key role in supporting the integrity of the firms capital and portfolio records providing management information to asset managers and maintaining oversight of external fund administrators. The role requires close collaboration with Front Office Operations Finance Compliance and Technology teams while actively contributing to operational change and process improvement initiatives.

Specific Responsibilities

Credit Fund Operations

• Review and analyse a broad range of fixed income securities and derivatives includingcredit default swaps bonds loans and other fixed income instruments with a focus on pricing accuracy and P&L calculations
• Perform fixed income-specific valuations includingyield curve analysis duration calculations and credit spread assessments
• CalculateNet Asset Value (NAV)of funds on a daily weekly and monthly basis; verify accrued income and expenses; and provide intra-NAV estimates to the business as required
• Review and analysefund profit and loss accountson a daily basis and report performance findings to the Asset Manager
• Liaise with fund administrators toreconcile final fund NAVsand resolve discrepancies in a timely manner
• Ensure the quality and effectiveness ofpricing governance and controlsthrough ongoing risk identification mitigation and clear documentation of any enhancements to the framework
• Manage and coordinatenew fund launches closures and significant cash flows(inflows/outflows) ensuring operational readiness and accuracy of records
• Support the Discretionary business throughcomplex transactions liaising with Front Office Operations Compliance and other internal teams as required
• Attend and contribute to meetings with external administrators and internalpricing committees
• Utilise internal tools and databases to deliver fixed incomereporting and analytics
• Contribute toprocess improvement and automation initiativesspecific to fixed income fund operations

Stakeholder Engagement

• Build and maintain strong working relationships with key internal stakeholders includingOperations Finance Management Business COOs and Technology leads
• Supportnew business initiatives fund transitions and migration projects ensuring smooth operational execution
• Represent the Middle Office team on broader Man Group projects such astrading system enhancements and regulatory change integration
• Prepare and deliverregular and ad-hoc analysis and reportingto management asset managers and other stakeholders covering historic performance trading activity costs fees and other relevant metrics

Technical Development & Process Improvement

• Contribute to the teamscontinuous improvement of systems controls and workflowsrelated to fixed income fund administration
• Learn and applyprogramming and automation toolsto enhance team processes reporting efficiency and data quality

Technical Competencies

• Working knowledge of fixed income instruments and derivatives
• Understanding of pricing methodologies and vendor pricing sources (e.g. Bloomberg Markit)
• Experience with NAV calculation across complex fund structures including fixed income accrual accounting and fund administration reconciliation workflows
• Ability to review and explain daily P&L for credit portfolios and prepare MI and performance reports for asset managers and senior stakeholders
• Familiarity with pricing governance frameworks escalation procedures and the ability to identify and communicate valuation risks to pricing committees
• Proficiency in Excel; exposure to portfolio/fund administration platforms and willingness to develop programming skills (Python SQL) for automation and reporting
• Understanding of operational risk controls and key regulatory frameworks relevant to fund operations is a plus
• Strong communication skills with the ability to engage across front office operations finance and external administrators with experience supporting change or project initiatives in a financial services context

Inclusion Work-Life Balance and Benefits at Man Group
Youll 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 youll find opportunities to grow develop your talents and help foster an inclusive environment for all across our firm and industry. Learn more at 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 youll 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.