Associate – Real Estate Debt Asset Management (advisory)

at  Belmont Search

Posted by
Greg Comer
Director/Owner
Opportunity to join one of the most established advisory platforms operating in the real assets space. This is a global organisation seeking someone to join the real estate team in London, where they’ll provide credit advisory services for blue chip funds, banks and investment managers.
The Role 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.

Core responsibilities:

• 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 analyse 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.

Requirements:

• Experience and a proven track record of working in a related credit environment involving RE.
• Analytical and technical skills and the ability to understand complex loan documents and professional third-party reporting.
• Strong organisational and time management skills.
• Strong communication skills.
• Ability to work both independently and in a small team.
• Ability to meet deadlines while achieving high levels of accuracy.
• Strong excel skills, and numerically inclined.

• 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 analyse 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