CRE Debt Senior Associate, London
Salary £70,000 + Benefits
Looking for applicants with experience of real estate debt is a necessity, ideally with a minimum of four or more years within a credit related role.
Successful candidate will need to demonstrate experience involving CRE and be familiar with related loan and security finance documentation.
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.
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.
Your Profile:
* 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.
Desired Skills and Experience
CRE Debt
Services advertised by Gold Group are those of an Agency and/or an Employment Business.
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