Here at Standard Life, we guide millions of people through some of life’s biggest decisions. We’re searching for a Capital Markets Private Credit Specialist who shares our commitment to putting customers first, aiming high and working together to join our Middle Office team, part of the Retirement Solutions & Asset Management function. This role will suit someone who has strong experience in Asset Management Private Markets particularly pre-investment, trading activity and trade lifecycle. The ideal candidate will have extensive knowledge across investment products.
Job Type: Permanent
Location: This role will be based in either our London, Telford, Birmingham or Edinburgh office (3 days per week), with some time working between the office and home. There will be some travel between our Standard Life offices. We will discuss what is important to you and balancing this with business requirements during the recruitment process.
Salary and benefits: From £52,300 (subject to experience) + bonus, excellent pension scheme, private medical insurance, electric vehicle scheme, 38 days holiday incl. Bank Holidays (pro-rated), plus 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more!
Who are we?
We’re Standard Life, a retirement specialist focused entirely on retirement savings and income. We champion the belief that everyone’s journey to and through retirement can be better, and for more than 200 years, we’ve been helping our customers plan and prepare for their financial futures.
Life today is increasingly complicated, uncertain and unpredictable. People move through different careers, face unexpected moments and navigate important choices. We offer our colleagues flexibility, trust and benefits that work for whatever life brings. In return we expect curiosity, connection, accountability and high standards. We make room for what matters - so you can bring your best, every day.
Middle Office Team
Middle Office is a key support function for the Retirement Solutions & Asset Management Front Office. It has wide ranging accountability ensuring operational control of investment activities, supporting the Group and AM governance framework, and delivery of investment reporting. The current Credit & Rates and Strategic Onboarding Middle Office teams create a multi-asset class Middle Office team. This offers new joiners the chance to learn front to back management of a wider asset set.
Standard Life is expanding into direct origination of funds starting with bonds, derivatives and private debt deals. In this new business, Middle Office will have an increased role pre-execution to support the business. As a result, Standard Life will need a number of new skills including knowledge of electronic trade affirmation platforms, Aladdin Enterprise, trade support, the setup of new instruments, KYC and CDD on new clients. The Middle Office roles and responsibilities are constantly evolving therefore we need colleagues who embrace and thrive with change.
We provide dedicated product support for the various Front Office functions, including Markets & Products, and the Private Markets team on trade execution and post trade lifecycle activities. Additionally, supporting Portfolio Implementation and Manager Oversight on a day-to-day basis, providing key operational input and guidance.
The role
Reporting directly to the Middle Office Private Credit Manager, the role involves private debt/investment reporting and post trade lifecycle management across the Capital Markets currently managed under external and internal mandates.
A key focus of this role will be to ensure accurate and timely capture and reporting of investments through internal systems requiring coordination of activities amongst internal functions and key outsourced service providers. In particular, the role will require overseeing private debt trade capture, settlement, lifecycle management, counterparty onboarding, AML due diligence, investor and regulatory reporting.
The role will also span to focus on process improvement, automation and operating model enhancements to achieve industry leading systems and controls across asset and fund classes. Concentration required in implementing and documenting processes enhancing the control framework within MO.
Key Responsibilities
1. Middle Office and Trade Life Cycle activities across Private Markets
2. Demonstrated experience in middle office, fund operations, or investment support within private markets.
3. Strong understanding of private equity, private credit, or real asset investment structures.
4. Familiarity with systems like eFront, Investran, Aladdin, or similar.
5. Strong understanding of private equity, private credit, or real asset investment structures.
6. Advanced Excel skills; experience with data tools (., Tableau, Alteryx) and programming (., Python) is advantageous.
7. Excellent communication, analytical, and problem-solving skills.
8. Build and manage relationships with a range of stakeholders
9. Provide data with particular focus on MI (management information) expertise to enhance outward reporting
10. As key SME, support integration of new business lines emanating from closed book acquisitions, open book, and BPA activity
11. Assist team lead to develop functional processes and controls in line with internal policies, good market practice, and regulatory guidelines
12. Assistance in preparation of presentationmaterials, creating customised analysis and presentations covering both market and strategic developments for the range of audience in a time sensitive environment
What are we looking for?
13. Demonstrated experience of Middle office activities within Private Markets - Asset Management
14. Experience and understanding of pre-trade governance – strategy / investment guidelines / mandates
15. Trading activity – from execution, trade capture and lifecycle
16. Operational activity – transaction reporting, settlement, reconciliations and operational controls
17. Demonstrated internal and external stakeholder management experience
18. Functional knowledge of end-to-end investment management technology / operating models, and downstream consumers / value chain
19. Strong data analytical skills – Power BI, SQL, VBA preferred. Strong Excel skills. Intermediate-Advanced level
Desirable
20. Experience of KYC and CDD
21. Experience of data management, reporting and delivering MI that adds value to the business
22. Skilled in preparing well-structured, clean, consistent and client focussed presentations and management information reports
We want to hire the whole version of you.
We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.
If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
We’re reviewing applications as they come in, so apply early to avoid missing out.