Associate/Vice President, Residential Debt

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 $227.6 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 www.man.com

* As at 31 December 2025

Position Summary

We are seeking an Associate or Vice President to join our residential debt investment team. The team is focused on sourcing, underwriting, and managing investments across residential whole loans, lender finance facilities, and multifamily-focused direct mortgage lending. The candidate will play a key role in financial analysis, due diligence, and deal execution across the platform.

Primary Functions & Responsibilities

• RTL Underwriting: Underwrite residential transition loan (RTL) whole loan pools and individual loan acquisitions, including detailed review of borrower profiles, property-level collateral, renovation budgets and timelines, leverage metrics, and originator track records. Evaluate credit performance data across RTL portfolio to inform pricing decisions.
• Financial Modeling: Build and maintain detailed financial models, conduct collateral tape reviews, cash flow analysis, scenario modeling, and returns analysis.
• Sourcing & Origination: Cultivate and maintain relationships with RTL originators/aggregators, warehouse lenders, and construction lending counterparties. Proactively identify and develop new investment opportunities across the team’s strategies.
• Due Diligence & Execution: Support due diligence workstreams including originator/borrower assessment, collateral analysis, coordination of third-party reports (legal, admin agents, servicers, appraisers, engineers, etc.), and legal documentation review. Prepare investment committee memoranda with clear articulation of risk, return, and relative value. Assist in structuring and closing of investments, including term sheet preparation, documentation negotiation, and commercial negotiation.
• Portfolio Management: Track loan-level and facility-level performance across the portfolio. Provide active portfolio oversight, lead borrower/originator reviews, covenant monitoring, and workout/restructuring efforts as needed.
• Market Research: Conduct research on residential housing, RTL origination trends, construction lending markets, and the competitive landscape to support sourcing and investment decisions.

Qualifications

• Bachelor’s degree required.
• Approximately 3-7 years of relevant experience in residential mortgage credit, RTL origination/aggregation, structured finance, real estate debt, or asset-based lending.
• Direct experience underwriting RTL whole loans is strongly preferred.
• Exposure to whole loan trading, warehouse lending, or construction loan underwriting is a plus.
• High proficiency in Microsoft Excel and PowerPoint. Proficiency with Intex or Python is a plus.
• Strong written and verbal communication skills, with the ability to present complex investment ideas clearly and concisely.
• Detail-oriented, organized, and capable of managing multiple workstreams in a fast-paced setting.
• Self-motivated, intellectually curious, and collaborative.

Inclusion, Work-Life Balance and Benefits at Man Group
You'll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiatives, partnerships and programmes, you'll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry. Learn more at www.man.com/diversity.

You'll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you'll receive two annual 'Mankind' days of paid leave for community volunteering.

Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Depending on your location, you may also enjoy additional benefits such as private medical coverage, discounted gym membership options and pet insurance.

Equal Employment Opportunity Policy

Man Group provides equal employment opportunities to all applicants and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age or any other legally protected category or status in accordance with applicable federal, state and local laws.

Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact TalentAcquisition@man.com.