Location: UK: London  

Opportunity:  6-month returnship, part of the Diversity Project Cross Company Returner Programme

Start Date: September 2023

Apply by: 28 May 2023 (extended)

*Applications have now closed*

Hayfin is partnering with Women Returners and the Diversity Project to launch its first ever Hayfin Returners Programme for Financial Services professionals who are looking to make a return to work after a career break of 18 months or more as at September 2023.

What you can expect

The Hayfin Returners Programme is aimed at individuals who are looking to relaunch their careers in financial services after an extended career break and would like to join a dynamic and collaborative culture where everyone feels included and respected. They have three available roles you can apply to: a Corporate Legal Counsel, a Collateralised Loan Obligation (CLO) Operations Role, and an Operations Analyst role.

During your time on the programme with Hayfin, you will:

  • Undertake a key role in the business with a strong possibility of permanent employment at the end of the programme
  • Benefit from Career Returner Coaching Programme to support your transition back into work
  • Be part of a wider cohort of returners on the cross company programme
  • You will be matched with a mentor and buddy to help you navigate your return at Hayfin

Corporate Legal Counsel 

Hayfin is seeking a Corporate Legal Counsel who would have a range of responsibilities as part of their role:

General corporate 

  • Review and execution of commercial agreements, including engagement letters, service provider contracts 
  • Maintain database of commercial agreements and coordinating with business unit leads on key events (notice periods, termination rights, reconciliation to SG&A budget) 
  • Lead on law firm billing across funds and corporate and maintain/monitor the corporate legal budget 
  • Quarterly billing meetings with main law firms 
  • Work with accounts payable team to ensure timely payment 
  • Track corporate expenses against budget
  • Drafting, reviewing and revising legal policies  
  • Overall coordination of legal matters relating to Hayfin intellectual property  
  • Support to HR team on employee matters (leavers, awards, litigation) 
  • Support to finance team on GP finance matters (including assisting on execution of corporate credit facilities) 
  • General ad hoc corporate matters as they arise from time to time (shared with other team members as appropriate)

Corporate Governance 

  • Lead on managing new office/overseas corporate infrastructure of Hayfin advisory entities 

Project Management and execution

  • Lead on key corporate projects including managing stakeholders and project execution / implementation. Example projects include: 

Recurring:  

    • Annual liquidity window 
    • Support to HR on share register  
    • Annual team investment programme in Hayfin funds 

Examples of historic projects: 

    • LIBOR transition 
    • EEA marketing/pre-marketing process 
    • Strategic initiatives of the firm, including M&A  
    • Dispute resolution/litigation support  

What they are looking for 

  • 3-4 years qualified 
  • Experience in commercial contracts  
  • Preferred experience in roll-out of projects / initiatives  
  • Positive and eager to enhance the Hayfin culture 
  • Good problem-solver who knows when to escalate / sense check 
  • Good team player who is able to also work autonomously 

Collateralised Loan Obligation (CLO) Operations Role

Hayfin is seeking an operations candidate with experience in the CLO industry to support the European CLO operations business based in London. The candidate will be an integral part of the team with growth opportunities and involvement in a range of responsibilities.  The role will report to the Operations Manager.

The successful applicant will receive training to provide support and assistance on a variety of tasks listed below: 

  • Review of CLO investor reporting and waterfalls 
  • Estimated annual CLO Equity forecasting
  • Navigating through the life cycle of a CLO from incorporation through to post reinvestment scenarios
  • Assisting CLO and Retention Vehicle audits including ESMA reporting
  • Communicating periodic distributions for the CLO manager
  • Ad-hoc special projects as requested by the portfolio manager and other internal groups 
  • Routine interaction with corporate services providers, trustees, administrators and middle office providers

What they are looking for 

  • 1-2 years CLO experience
  • Positive and eager to enhance the Hayfin culture
  • Good problem-solver who knows when to escalate / sense check
  • Good team player who is able to also work autonomously

Operations Analyst

Hayfin are seeking an Operations Analyst to join their Operations team based in London. The core Operations team reports into the Operations Director. The team is responsible for processing cash reconciliations, asset servicing and administration of all assets under management.

The Operations Analyst role will have a variety of responsibilities:

  • Asset Administration
  • Daily Reconciliations
    • Cash Reconciliations
    • Position Reconciliations
  • WSO administration & asset data processing
  • Cash payments
    • Assist with expense payments, ensuring correct allocations across transactions
    • Ad hoc payments
  • Adhoc reporting

What they are looking for

  • Strong cash reconciliation background
  • Loan Servicing background
  • Ability to demonstrate a level of interest on asset management and financial instruments
  • A proven track record of using MS Office products, especially a good proficiency in MS Excel
  • Ability to communicate fluently in English, both verbally and written
  • Ability to build strong relationships across all layers of a business; work collaboratively with others internally and externally
  • Dynamic and resourceful
  • Ability to demonstrate strong organisational skills; able to juggle multiple priorities and meet committed deadlines
  • Attention to detail, see things others don’t see and and ability to complete all tasks provided
  • Ability to explore the problem, identify innovative solutions, and present them to others
  • Someone who is articulate, presents with gravitas, and makes others listen
  • Ability to work independently, and with others across team and wider organisation. A self-starter

About Hayfin

Hayfin was founded in 2009 with the ambition of creating one of Europe’s leading investment platforms. Since the firm’s founding, Hayfin has invested €35 billion of capital across more than 470 portfolio companies. They focus on delivering best-in-class risk-adjusted returns for their investors across their strategies: Direct Lending, Special Opportunities and High-Yield Credit. 

They consider themselves value investors, generating differentiated return through hard work, insightful analysis, and disciplined investing. Hayfin seeks to recruit and retain exceptionally talented professionals. They believe in being local in each of their markets, and that their diverse mix of nationalities, cultures and languages makes them more connected to these markets.  

Most of their team are industry generalists, with their edge lying in their origination networks and proven expertise in managing complex restructurings, workouts, and liquidations. That said, they employ dedicated, specialist teams in the areas of healthcare (life sciences), shipping (maritime) and real estate, where they believe their focused expertise provides an advantage. 

They operate across all major European geographies with headquarters in London, and ten offices globally including in Frankfurt, Madrid, Milan, Paris, Singapore, and New York. 

Hayfin Values 

Their mission is to deliver consistent, superior, risk-adjusted returns to their investors. They aim to achieve this through a collaborative approach with unwavering focus on integrity, discipline, and creativity in everything they do. Their people, and the trust instilled in them by their stakeholders, are their core assets. 

Their corporate values are lived through every transaction, every relationship: 

  • Responsibility: They are dedicated to their partners and constantly work to stay aligned to their long-term objectives. As custodians of their investors’ capital, they are prudent with their decisions and will not lose sight of risk or their mandate in pursuit of return. They understand that if they do the right thing by their clients, their own success will follow. 
  • Collaboration & transparency: They are open-minded and team focused, sharing their knowledge and experience, and working together towards a collective goal. They stress collaboration in everything they do because they believe teamwork, healthy debate and humbleness create better decision making. They keep communication simple, kind, accessible and proactive while recognising the need for transparency to collaborate in a committed and non-political way. 
  • Excellence: They are hard-working and dynamic, always searching for new and better ways to work, seeking feedback and challenging conventional thinking. They foster an ambitious and high performing culture where people understand improvement is a constant exercise. They do not hide their mistakes and recognise them as a natural part of their personal and collective growth. They make an outsized effort to attract, retain and promote people who will challenge them and contribute to their success. 
  • Entrepreneurial: They are energetic, flexible, and creative. They incubate and innovate new ideas to support progress while keeping in mind the risks involved. This freedom to explore inspires them and makes their work exciting and fun. They remain rigorous and diligent about what they do while staying flexible and adaptable, to look beyond conventional answers and pursue the most compelling opportunities for their investors. 
  • Diversity: They are committed to cognitive diversity at their firm. They accept and appreciate that different ways of seeing, and thinking can make them stronger as a team. They seek to bring people together from diverse backgrounds and aim to strike a balance in skill set, character, experience, and point of view. They ensure everyone feels valued and comfortable expressing themselves and use these different perspectives to solve problems and make better decisions.

How to apply

You can apply on either of the two roles by emailing your CV and cover letter to careers@hayfin.com with the job role in the subject line.

You must have the right to work in the UK to apply.

The closing date for applications is 28 May 2023 (extended).

If you have any questions, please contact returnships@hayfin.com