At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.

Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

The Role:

The successful candidate will join the fund administration and reporting function of the Portfolio Management team within Real Estate Finance. The role covers a suite of existing real estate debt mandates including commingled funds and segregated mandates each with their own structural, administrative and reporting requirements.

Key Responsibilities:
*Working alongside two existing members of the fund administration and reporting function to manage the operations and administration of M&G’s real estate debt funds and segregated accounts
*Day to day oversight of fund operating models, including the management of investor drawdowns and distributions
*Oversight of quarterly/monthly fund reporting cycles including review of NAVs, capital statements, quarterly distribution calculations and management fee calculations prepared by third party fund administrators
*Preparation and presentation of fund board reports and recommendations
*Preparation and oversight of investor reporting
*Interaction with the investment team and the asset management team in supporting the execution of new loan investments
*Liaising with various internal M&G teams such as Tax, Finance, Operations and Compliance, as well as third parties such as fund administrators, accountants, auditors and tax advisors
*Direct contact with investors and their consultants, providing timely and accurate responses to day-to-day queries, audit queries and bespoke reporting requests
*Provide support on annual fund audits
*Supporting the execution of set-up new funds and segregated mandates
*Further development and refinement of fund operating models and existing operational systems used by the team.

New Loan Investments
*Managing the process of calling capital from relevant investors in line with required timetables and operating models
*Preparing capital call notices, liaising with investment team, investor relations and relevant fund administrators to ensure these are prepared accurately and submitted within necessary timetables
*Ensuring procedural requirements are satisfied such as board or committee meetings and investment restrictions compliance trackers; liaising with investment team to ensure necessary documentation is prepared for these in line with necessary timetables
*Liaising with investment team, investors and fund administrators to ensure that cash is obtained and transferred to relevant bank accounts within necessary timetables
*Ensuring necessary hedging arrangements are entered into in line with investor mandate requirements, preparing documentation in respect of the same, putting trades in place in line with relevant requirements, ensuring collateralisation and other ancillary arrangements are entered into in line with mandate requirements

New Funds and Segregated Mandates
*Supporting the execution of new funds and segregated mandates
*Reviewing and inputting on operating models
*Reviewing and inputting into relevant documents and M&G obligations included in documents
*Preparing procedures for ongoing operations in line with relevant investor requirements
*Adding to existing REF operating and procedures manuals

Fund and Segregated Mandate Oversight
*Full oversight of funds and segregated mandates
*Full oversight of fund administrators involved in investor management
*Tracking investments made, capital invested and capital available
*Tracking compliance with investment restrictions and portfolio requirements
*Monitoring cashflows, income and expenses
*Monitoring liquidity and cash availability
*Tracking borrowings, subscription lines and hedging arrangements
*Tracking investment and portfolio performance

Investor Reporting
*Managing investor monthly/quarterly reporting cycles in line with documentary requirements and timetables
*Liaising with asset management team to obtain necessary loan level information for reports
*Liaising with fund administrators to obtain necessary fund level information for reports; reviewing and approving information received from fund administrators including NAV calculations and capital statements
*Liaising with internal M&G teams to obtain necessary reporting information such as loan pricing
*Assembling investor reports using information received
*Liaising with fund administrators, investor relations and investment team to ensure necessary reviews are carried out in line with required timelines
*Distributing reports to investors in line with required timelines

Investor Distributions
*Reviewing proposed investor distributions from fund administrator; reconciling these to internal records; signing off distributions and authorising fund administrator to make payment
*Reviewing proposed performance fee and carried interest payments and reconciling these to internal records; signing off on payments and authorising these to be made

Investment Management Fee Charges
*Reviewing proposed investment management fees from fund administrator and internal billing teams; reconciling these to internal records; signing off charges to be made

Board and Committee Reporting
*Preparing M&G required items for fund board and other committee meetings in line with procedural and timetable requirements
*Attending board and committee meetings and presenting as necessary; reporting back to board and committees on any action items

Annual Audits
*Supporting annual fund audits ensuring necessary information is delivered to auditors within required timelines

Operating Procedures and Systems
Develop and maintain detailed operating procedures and policies for funds and se