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.

Services advertised by Gold Group are those of an Agency and/or an Employment Business.
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