Job Description
Asset Surveillance CRE Senior Associate
City of London
Permanent
£market rate
cer Financial are working alongside a warm and exciting financial services company who are based in the City of London. They are seeking an Asset Surveillance/Portfolio Analyst CRE Senior Associate.
In this role you will work within one of teams on established mandates for a number of clients. You will monitor, report and advise key stakeholders on CRE asset management and loan asset management strategies involving a portfolio of performing loans and a number of active construction finance loans.
The responsibilities of the Asset Surveillance CRE Senior Associate will include:
* 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.
The successful Asset Surveillance CRE Senior Associate will have:
* Experience and a proven track record of working in a related credit environment involving CRE.
* Previous experience reviewing LMA style Finance Documents required
* Analytical and technical skills and the ability to understand complex loan documents and professional third-party reporting
* Strong MS Excel skills, and numerically inclined.
* Financial modelling experience is a bonus but not required.
* A related tertiary qualification to at least undergrad level ideally in Real Estate, Economics, Business, Accounting or relevant working experience.