Offer summary

Qualifications:

Bachelor's degree in finance or accounting., 2-4 years of experience in loan closing or operations., Experience with LMA / LSTA loan documentation and settlement processes., Strong attention to detail and problem-solving skills..

Key responsibilities:

Support the closing of leveraged loan and high yield bond trades.

Perform reconciliations and security setup in portfolio management systems.

Review trade documentation to ensure compliance and accuracy.

Collaborate with internal teams and external service providers on operational tasks.

Job description

HPS Investment Partners is a leading global investment manager that seeks to provide creative capital solutions and generate attractive risk-adjusted returns for our clients. We manage various strategies across the capital structure, including privately negotiated senior debt; privately negotiated junior capital solutions in debt, preferred and equity formats; liquid credit including syndicated leveraged loans, collateralized loan obligations and high yield bonds; asset-based finance and real estate. The scale and breadth of our platform offers the flexibility to invest in companies large and small, through standard or customized solutions. At our core, we share a common thread of intellectual rigor and discipline that enables us to create value for our clients, who have entrusted us with approximately $157 billion of assets under management as of March 2025. We are a global team that shares a common commitment to performance and service excellence. We also believe in the importance of giving back to the communities in which we work and live, and in promoting diversity and inclusivity at our firm and across our industry.

Department Description

The CLO Operations team is responsible for reporting data to the Portfolio Manager, Investors, and the Administrative Bank. The Operations team works to guarantee cash, position and information in the software is accurate.

Position Description
HPS is seeking a Loan Closer / Operations candidate with experience in the CLO, leveraged loan and high yield bond market to support the European CLO Operations team in London. The candidate will primarily provide support on closing leveraged loan and high yield bond trades, work closely with third party fund administrators/trustees, and will provide operational support across reconciliations, security setup and more. Based in London, the candidate will be an integral part of the CLO Operations team with long-term growth opportunity, and involvement in a range of responsibilities, while reporting to the Executive Director in London. The individual should be highly organized with strong attention to detail, be able to meet strict deadlines in a fast-paced environment and have the ability to work both independently and as part of a team.

Responsibilities

Specific responsibilities will include but not be limited to the following:

Review and complete LMA / LSTA trade documentation to ensure transactions are closed and settled accurately and within deadlines, including reviewing senior credit / intercreditor agreements to ensure compliance with transfer, tax, regulatory and eligibility criteria
Maintaining unsettled trade reporting trackers, KPIs per counterparty, per market (Primary/Secondary)
Completion of borrower KYC for new primary trade allocations
Security entry into portfolio management system – SkyRoad and VPM
Daily reconciliations of cash and positions between internal systems (IVP) and the Trustee/Custodians
Processing coupon / interest / principal / corporate action activity on underlying portfolio positions
High yield bond settlements via Euroclear/Clearstream/DTCC
Working with internal IT / Tech teams to develop improved processes and efficiency gains
Ad-hoc special projects as requested by portfolio managers and other internal groups
Routine interaction with internal teams, corporate service providers, trustees, and administrators

Candidate Profile

2-4 years of demonstrated experience within reputable buyside firm, trustee, investment bank or loan closing provider
Graduate with a bachelor’s degree ideally in a finance or an accounting discipline
LMA / LSTA Loan Closing experience necessary
Understanding and familiarity of loan settlement and loan documentation (LMA / LSTA, knowledge of lender / tax status applied in loan transfer documentation)
Experience working with offshore teams and outsourcing service providers
Is solutions oriented and has experience of managing/optimizing operational processes
Is aware of market trends and current industry initiatives that can impact the business
Must be detail-driven and a natural problem solver, have the resolve to independently research problems and offer solutions
Ability to manage projects, multi-task and prioritise effectively
Strong interpersonal and communication skills
Positive attitude and ability to work under pressure
Strong Microsoft Office knowledge (particularly Excel). Skyroad, VPM, Loan IQ, Clearpar, Findox and Bloomberg would be beneficial

Location

London, UK

Hybrid Work Schedule

4/1 split (F work from home, M-Th work from office.)

HPS Investment Partners is an equal opportunity employer. HPS does not discriminate in employment opportunities or practices on the basis of race, national origin, color, religion, sex, age, disability, pregnancy, citizenship status, ancestry, military or veteran status, sexual orientation, gender, gender identity or expression, marital and civil partnership/union status, genetic predisposition or carrier status, or any other characteristic protected by federal, state or local law.

Required profile