Analyst

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 $228.7 billion* and operate across multiple offices globally. Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at

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Purpose of the Role

Man Group's US Residential Debt team is seeking an experienced Analyst to support our multifamily focused direct lending strategy. This role will report directly to the Vice President, supporting the origination, underwriting, structuring, and asset management of structured credit transactions across the capital structure and risk spectrum. The team focuses on transitional and construction loans across residential property types, including, but not limited to, multifamily, condominium, single-family rental, build-to-rent, townhomes, and office-to-residential conversions, with individual loans typically ranging from $25 million to $100+ million.

The successful candidate will be a primary contributor across the full deal lifecycle and must be comfortable operating across both analytical and operational workstreams. As this is an existing strategy within Man Group, the individual will have an opportunity to continue building an investment platform with the backing of a premier alternative investment management firm. As a member of the Man Group US Residential Debt team, this individual will also gain cross-platform exposure to the team’s other core investment strategies.

Specific Responsibilities

Underwriting & Investment Analysis

Underwrite potential loan originations, including detailed analysis of borrower/sponsor strength, business plan feasibility, capital structures, and exit strategies

Build and maintain detailed financial models incorporating cash flow analysis, draw schedule projections, sensitivity scenarios, and risk-adjusted return analysis

Prepare and present investment committee memoranda with clear articulation of deal thesis, key risks/mitigants, return profile, and relative value

Sourcing & Origination Support

Assist in cultivating and maintaining relationships with borrowers, sponsors, brokers, co-lenders, attorneys, and other market participants

Participate in early-stage deal screening to identify and evaluate new investment opportunities consistent with the team's strategy

Contribute to market research and competitive landscape analysis to support sourcing and pricing decisions

Prepare and maintain weekly pipeline materials

Due Diligence & Execution

Lead and coordinate due diligence workstreams including sponsor/borrower assessment, property-level collateral analysis, market analysis, and review of third-party reports

Assist in structuring and closing of investments, including term sheet preparation, legal documentation review, and commercial negotiation

Develop a deep understanding of the exposures and associated risks across a portfolio of existing loans

Review and obtain approval for construction draw requests, coordinating with borrowers, third parties, and internal teams

Proactively monitor loan-level performance, including covenant compliance, business plan milestones, cash flow updates, valuation model updates, and monthly asset financial reporting

Identify and mitigate signs of credit deterioration and contribute to loss mitigation efforts where necessary

Cross-Platform Collaboration

In addition to the role’s primary focus, the candidate will be expected to work across the broader Residential Debt team, contributing to the other core investment strategies as needed:

Lender Finance

Support underwriting and monitoring of lender finance facilities, including review of borrower/originator profiles, collateral eligibility criteria, and covenant compliance

Assist with borrowing base calculations, funding requests, and ongoing facility administration in coordination with counterparties and internal operations teams

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