At a Glance
- Tasks: Manage commercial real estate loans and collaborate with legal teams.
- Company: Join a respected, high-growth firm in Central London.
- Benefits: Enjoy a hybrid work model with 3 days in-office and 2 days remote.
- Why this job: Gain valuable experience in a fast-paced, supportive environment within real estate finance.
- Qualifications: Minimum 2 years in loan servicing; strong Excel and communication skills required.
- Other info: Ideal for detail-oriented individuals who thrive under pressure.
The predicted salary is between 36000 - 60000 £ per year.
A well respected, high-growth organisation based in Central London is looking for a highly motivated and resourceful Associate to join their Credit Administration team. The successful candidate will have experience in loan agency operations, preferably within the European commercial real estate finance sector, alongside strong Excel capability. Knowledge of securitised products, particularly in relation to the role of the servicer in CMBS and CLO transactions, is beneficial but not essential. This is a hybrid role - 3 days in the office, 2 days from home.
Responsibilities- Manage a portfolio of syndicated and bilateral UK and European commercial real estate investment and development loans.
- Work closely with Legal and, where necessary, external counsel, reviewing relevant finance documents prior to loan closing and through the life of the loan.
- Create financial models, diarise conditions subsequent, construction milestones and any other significant events, including the provision of borrower reporting, in-line with the relevant finance documents.
- Liaise with borrowers and their representatives in relation to ensuring reporting and other information required under the relevant finance documents are provided in a timely manner.
- Coordinate with lenders, borrowers and their respective lawyers in respect to loan redemptions, restructuring, amendments, waivers and other ad-hoc requests.
- Process transfers, set up waterfalls and review back-office calculations.
- Liaise with project monitors, borrowers and lenders with regard to drawdowns and calculating lender splits, if required.
- Instruct valuations.
The candidate must be capable of working independently, be able to work to tight deadlines, be exceptionally detail orientated and able to prioritise their work flows accordingly.
Skills & Experience- Minimum 2 years’ loan servicing experience in finance, real estate or a related field.
- Solid analytical skills with interim to advanced level ability of Excel.
- Strong organisational and communication skills and must work well within a team.
- Have the personality and resilience to thrive in a fast moving and pressurised environment and be driven/determined to see tasks through to completion.
- The ability to multi-task and meet deadlines.
The right candidate will enjoy a supportive environment and gain valuable experience, further expanding their knowledge and career in the Real Estate Finance sector.
If this sounds interesting and you feel you’re a good match please send in your CV for immediate review to gerry@auricoe.com.
Associate, CRE Advisory Servicing (Loan Operations) employer: auricoe
Contact Detail:
auricoe Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate, CRE Advisory Servicing (Loan Operations)
✨Tip Number 1
Familiarise yourself with the European commercial real estate finance sector. Understanding the nuances of loan agency operations and the specific challenges faced in this market will give you an edge during interviews.
✨Tip Number 2
Brush up on your Excel skills, especially in financial modelling. Being able to demonstrate your proficiency in creating and managing complex spreadsheets can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the real estate finance industry. Attend relevant events or join online forums to connect with others who can provide insights or even refer you to opportunities within the sector.
✨Tip Number 4
Prepare for situational interview questions that assess your ability to manage tight deadlines and multi-task. Think of examples from your past experience where you've successfully navigated high-pressure situations.
We think you need these skills to ace Associate, CRE Advisory Servicing (Loan Operations)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in loan agency operations and any relevant skills, particularly your Excel capabilities. Use specific examples from your past roles that demonstrate your analytical skills and attention to detail.
Craft a Compelling Cover Letter: Write a cover letter that showcases your motivation for the role and your understanding of the commercial real estate finance sector. Mention any experience with securitised products if applicable, and express your enthusiasm for working in a fast-paced environment.
Highlight Relevant Experience: In your application, emphasise your minimum 2 years of loan servicing experience. Discuss specific projects or tasks you've managed that relate to the responsibilities listed in the job description, such as managing portfolios or liaising with borrowers.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at auricoe
✨Showcase Your Loan Operations Experience
Make sure to highlight your previous experience in loan agency operations, especially within the European commercial real estate finance sector. Be prepared to discuss specific examples of how you've managed portfolios or dealt with loan servicing tasks.
✨Demonstrate Excel Proficiency
Since strong Excel capability is crucial for this role, be ready to discuss your experience with financial modelling and data analysis. You might even want to mention any specific functions or tools you are comfortable using that could be relevant to the job.
✨Prepare for Technical Questions
Expect questions related to securitised products and the role of servicers in CMBS and CLO transactions. Even if you don't have extensive knowledge in this area, showing a willingness to learn and understand these concepts can impress the interviewers.
✨Emphasise Your Organisational Skills
Given the fast-paced nature of the role, it's important to convey your ability to prioritise tasks and meet tight deadlines. Share examples of how you've successfully managed multiple responsibilities in previous roles, demonstrating your organisational prowess.