Associate Asset Management

Permanent

Job Description

Associate Asset Management required for the client in London.

This role assists in the management of a portfolio of highly structured commercial real estate loans, while adhering to company policies and procedures, and managing client relations. Additionally, the position provides a high level of loan surveillance support to the client by monitoring and reporting on property level cash flows, rent rolls, market conditions and property valuations for a nationwide portfolio of loans across all types of commercial real estate property types. This role has direct reports.

Essential Job Functions:

  • Day to day management of assigned loans, including communication with Borrowers and Lenders/Investors
  • Processing of borrower requests and consents
  • Analyze property financials and report property/loan performance to Lenders/Investors on a quarterly basis via a Quarterly Asset Report (QAR)
  • When applicable, correspond with Sponsors/Borrowers for updates on any property-level concerns, including Capital Expenditure Projects, leasing progress, Construction Status and overall performance
  • Prepare and submit weekly loan portfolio updates identifying all relevant issues, discussions and events that occurred during the week
  • Monitor loan specific events and triggers
  • Supervise and mentor direct reports
  • Such other activities as may be assigned by your manager

Qualifications/ Requirements:

  • Bachelor’s degree preferred field of study: real estate, finance/accounting, business or equivalent combination of education and experience
  • Experienced professional with 5+ years of industry and/or relevant experience, typically at a Senior Analyst or Analyst level role or external equivalent
  • Proficiency with major property types (office, industrial, retail, multifamily)
  • Basic knowledge of specialty property types (hotels and condominiums)
  • Proficiency with advanced CRE principles including underwriting, loan servicing and treasury practices
  • Proficient with common CRE calculations and concepts: IRR’s, NPV, DSCR’s, DY, NOI/NCF
  • Basic knowledge of all deal types (transitional, development, pre-development, repositioning, and stabilized properties) and complex debt positions (participations, syndications, CLO’s/CDO’s)
  • Basic Knowledge of complex debt positions (senior and mezzanine debt, warehouse, and repo lines)
  • Ability to create complex financial models
  • Ability to make sound decisions and work independently on projects
  • Ability to work in fast-paced environment running multiple tasks under tight deadlines
  • Excellent reading and comprehension skills
  • Ability to communicate effectively both written and verbal
  • Strong organizational and time management skills
  • Advanced knowledge of MS office suite including outlook, excel, power point and word

Special Requirements:

  • The employee may be required to report to a different local office as a normal, contemplated, and mandated incident of their employment

Why is this role the one for you?

  • 30 year track record
  • Offices & travel to US, Europe & Asia
  • Clear career progression
  • Competitive salary
  • Industry leading benefits
  • Flexible working

Job Overview

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