Real Estate Specialist - Cobalt Recruitment
Real Estate Specialist - Cobalt Recruitment

Real Estate Specialist - Cobalt Recruitment

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage loans, communicate with borrowers, and analyse property financials.
  • Company: Cobalt Recruitment is a leading firm in real estate recruitment.
  • Benefits: Enjoy competitive pay, professional development, and a dynamic work environment.
  • Why this job: Join a vibrant team and make an impact in the real estate sector.
  • Qualifications: Bachelor's degree preferred; 3+ years of relevant experience required.
  • Other info: Advanced Excel skills and knowledge of CRE principles are essential.

The predicted salary is between 36000 - 60000 £ per year.

Essential Job Functions:

  • Day to day management of assigned loans, including communication with Borrowers and Lenders/Investors.
  • Processing of borrower requests and consents.
  • Analyse 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 3+ years of industry and/or relevant experience.
  • Proficiency with major property types (office, industrial, retail, multifamily).
  • Basic knowledge of specialty property types (hotels and condominiums).
  • Proficiency with 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).
  • Advanced Excel Skills.
  • Advanced knowledge of MS office suite including Outlook, Excel, PowerPoint and Word.
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Contact Detail:

Cobalt Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Real Estate Specialist - Cobalt Recruitment

✨Tip Number 1

Network with professionals in the real estate industry. Attend local meetups, seminars, or webinars to connect with others who work in similar roles. This can help you gain insights into the job market and potentially lead to referrals.

✨Tip Number 2

Familiarise yourself with the latest trends in commercial real estate (CRE). Stay updated on market conditions, property types, and financial metrics relevant to the role. This knowledge will not only boost your confidence but also impress potential employers during interviews.

✨Tip Number 3

Consider obtaining relevant certifications or attending workshops that focus on underwriting, loan servicing, or financial analysis. This additional training can set you apart from other candidates and demonstrate your commitment to the field.

✨Tip Number 4

Prepare for interviews by practising common questions related to real estate finance and loan management. Be ready to discuss your experience with property financials and how you've handled specific challenges in previous roles.

We think you need these skills to ace Real Estate Specialist - Cobalt Recruitment

Loan Management
Communication Skills
Financial Analysis
Property Performance Reporting
Portfolio Management
Real Estate Principles
Underwriting Knowledge
Loan Servicing
Treasury Practices
CRE Calculations (IRR, NPV, DSCR)
Knowledge of Property Types (office, industrial, retail, multifamily)
Understanding of Specialty Property Types (hotels, condominiums)
Complex Debt Position Knowledge
Advanced Excel Skills
Proficiency in MS Office Suite

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in real estate, finance, or accounting. Emphasise your proficiency with property types and any specific skills mentioned in the job description, such as advanced Excel skills.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and how your background aligns with the responsibilities. Mention your experience with loan management and property financial analysis to demonstrate your suitability.

Highlight Relevant Experience: In your application, focus on your 3+ years of industry experience. Provide examples of how you've managed loans, communicated with borrowers, and analysed property financials in previous roles.

Showcase Technical Skills: Since the role requires proficiency in CRE principles and advanced Excel skills, be sure to mention any relevant software or tools you are familiar with. Include specific examples of how you've used these skills in your past work.

How to prepare for a job interview at Cobalt Recruitment

✨Know Your Numbers

As a Real Estate Specialist, you'll need to be comfortable with financial metrics. Brush up on key calculations like IRR, NPV, and DSCR. Being able to discuss these confidently will show your expertise and understanding of the role.

✨Understand the Property Types

Familiarise yourself with the major property types mentioned in the job description, such as office, industrial, retail, and multifamily. Be prepared to discuss how your experience relates to these types and any specific challenges you've faced.

✨Prepare for Scenario Questions

Expect questions that ask you to analyse property financials or handle borrower requests. Think of examples from your past experience where you successfully managed similar situations, and be ready to explain your thought process.

✨Showcase Your Mentoring Skills

Since the role involves supervising and mentoring direct reports, be prepared to discuss your leadership style. Share examples of how you've supported team members in the past and how you plan to foster their growth in this new position.

Real Estate Specialist - Cobalt Recruitment
Cobalt Recruitment
Location: London
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  • Real Estate Specialist - Cobalt Recruitment

    London
    Full-Time
    36000 - 60000 £ / year (est.)
  • C

    Cobalt Recruitment

    50-100
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