At a Glance
- Tasks: Manage loans and collaborate with legal teams while creating financial models.
- Company: Join a respected, high-growth firm in Central London focused on real estate finance.
- Benefits: Enjoy a hybrid work model with 3 days in the office and 2 days remote.
- Why this job: Gain valuable experience in a fast-paced environment with opportunities for growth in real estate finance.
- Qualifications: Minimum 2 years in loan servicing; strong Excel skills and team collaboration required.
- Other info: Ideal for detail-oriented individuals who thrive under pressure and enjoy multi-tasking.
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 key players in the European commercial real estate finance sector. Understanding who the major lenders, borrowers, and legal firms are can give you an edge during interviews and networking opportunities.
✨Tip Number 2
Brush up on your Excel skills, especially in financial modelling. Being able to demonstrate your proficiency in creating and manipulating financial models will be crucial in showcasing your analytical capabilities.
✨Tip Number 3
Network with professionals already working in loan servicing or related fields. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the position.
✨Tip Number 4
Prepare to discuss specific examples of how you've managed tight deadlines and complex tasks in previous roles. Highlighting your organisational skills and ability to thrive under pressure will resonate well with the hiring team.
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 relevant experience in loan agency operations and any specific skills related to commercial real estate finance. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your motivation for applying and how your background aligns with the responsibilities of the Associate position. Mention your experience with financial models and your ability to work under pressure.
Highlight Analytical Skills: Since strong analytical skills and Excel proficiency are crucial for this role, provide examples in your application that demonstrate your capabilities in these areas. Consider including specific projects or tasks where you successfully utilised these skills.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects attention to detail, which is essential for the 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 Your Excel Skills
Since strong Excel capability is crucial for this role, be ready to talk about your proficiency. You might even want to mention any complex financial models you've created or how you've used Excel to streamline processes in your past roles.
✨Understand the Role of a Servicer
While knowledge of securitised products isn't essential, having a basic understanding of CMBS and CLO transactions can set you apart. Brush up on these concepts and be ready to discuss how they relate to the responsibilities of the role.
✨Prepare for Team Dynamics
This role requires strong organisational and communication skills. Think of examples where you've successfully collaborated with legal teams, borrowers, or lenders. Highlight your ability to work under pressure and manage multiple tasks effectively.