Associate Commercial Real Estate Debt
London (Hybrid) £40,000 - £50,000
We are actively looking to hire someone to work for a leading financial services firm in London. The position will involve the preparation of credit reporting, quarterly loan reviews, management of watch-list reports on issues regarding asset management plans, strategy and construction financing. Daily reporting to stakeholders on key loan level data.
Skills Required:
Experience and a proven track record of working in a related credit environment involving commercial real estate. Analytical and technical skills and the ability to understand complex loan documents and professional third-party reporting. MS Excel skills. Experience of real estate debt is a necessity, ideally with 2 or more years of experience. Successful candidate will need to demonstrate experience involving CRE and be familiar with related loan and security finance documentation.
Duties: Monitor, report and advise key stakeholders on CRE asset management and loan asset management strategies involving a portfolio of [mostly] performing loans and a number of active construction finance loans. Collect and analyze Borrower reports (rent rolls, operating statements, covenants calculations etc.) and other third-party information necessary to compile periodic scheduled loan asset management and collateral reporting and make recommendations to the client based on findings. Creation of cashflow models based on forecasts. Undertake risk assessment of individual loans, underlying collateral, and Borrower to determine risk ratings for each loan. Maintain Watch List of loans considered to be higher risk and provide advice regarding possible remedies and exit strategies. Support Lender credit function with details concerning any concession/waiver requests from the Borrower including reasoned advice and recommendations. Analysis of potential amendments/waivers and future impact on loan performance vs underwriting. Liaise between Lender's in-house asset management and credit functions and external third-party professionals including legal, valuers and property management companies.
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London (Hybrid) £40,000 - £50,000
We are actively looking to hire someone to work for a leading financial services firm in London. The position will involve the preparation of credit reporting, quarterly loan reviews, management of watch-list reports on issues regarding asset management plans, strategy and construction financing. Daily reporting to stakeholders on key loan level data.
Skills Required:
Experience and a proven track record of working in a related credit environment involving commercial real estate. Analytical and technical skills and the ability to understand complex loan documents and professional third-party reporting. MS Excel skills. Experience of real estate debt is a necessity, ideally with 2 or more years of experience. Successful candidate will need to demonstrate experience involving CRE and be familiar with related loan and security finance documentation.
Duties: Monitor, report and advise key stakeholders on CRE asset management and loan asset management strategies involving a portfolio of [mostly] performing loans and a number of active construction finance loans. Collect and analyze Borrower reports (rent rolls, operating statements, covenants calculations etc.) and other third-party information necessary to compile periodic scheduled loan asset management and collateral reporting and make recommendations to the client based on findings. Creation of cashflow models based on forecasts. Undertake risk assessment of individual loans, underlying collateral, and Borrower to determine risk ratings for each loan. Maintain Watch List of loans considered to be higher risk and provide advice regarding possible remedies and exit strategies. Support Lender credit function with details concerning any concession/waiver requests from the Borrower including reasoned advice and recommendations. Analysis of potential amendments/waivers and future impact on loan performance vs underwriting. Liaise between Lender's in-house asset management and credit functions and external third-party professionals including legal, valuers and property management companies.
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