At a Glance
- Tasks: Prepare credit reports, manage loan reviews, and advise stakeholders on asset management.
- Company: Belmont Search is a dynamic firm focused on real estate investment and asset management.
- Benefits: Enjoy flexible working options and opportunities for professional growth.
- Why this job: Join a collaborative team making impactful decisions in the real estate sector.
- Qualifications: Experience in credit environments, strong analytical skills, and proficiency in Excel required.
- Other info: Ideal for detail-oriented individuals who thrive in fast-paced settings.
The predicted salary is between 36000 - 60000 £ per year.
The 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.
Core responsibilities:
- Monitor, report and advise key stakeholders on asset management and loan asset management strategies.
- 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 internal team.
- 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.
Requirements:
- Experience and a proven track record of working in a related credit environment involving RE.
- Analytical and technical skills and the ability to understand complex loan documents and professional third-party reporting.
- Strong organisational and time management skills.
- Strong communication skills.
- Ability to work both independently and in a small team.
- Ability to meet deadlines while achieving high levels of accuracy.
- Strong excel skills, and numerically inclined.
Real Estate Associate - Belmont Search employer: Belmont Search
Contact Detail:
Belmont Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Real Estate Associate - Belmont Search
✨Tip Number 1
Familiarise yourself with the key metrics and reports used in real estate credit analysis. Understanding terms like rent rolls, operating statements, and covenants will give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals in the real estate finance sector. Attend industry events or join relevant online forums to connect with people who can provide insights into the role and potentially refer you to opportunities.
✨Tip Number 3
Brush up on your Excel skills, particularly in data analysis and financial modelling. Being able to demonstrate your proficiency in handling complex datasets will be a significant advantage during the interview process.
✨Tip Number 4
Prepare to discuss specific examples from your past experience that showcase your analytical skills and ability to manage risk. Highlighting your problem-solving abilities will resonate well with the hiring team.
We think you need these skills to ace Real Estate Associate - Belmont Search
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in credit environments, particularly in real estate. Emphasise your analytical skills and any specific achievements related to loan management or asset reporting.
Craft a Compelling Cover Letter: In your cover letter, address how your background aligns with the responsibilities of the Real Estate Associate role. Mention your experience with borrower reports and risk assessments, and express your enthusiasm for contributing to the team.
Showcase Technical Skills: Since strong Excel skills are crucial for this position, consider including examples of how you've used Excel in previous roles. Highlight any specific functions or analyses you’ve performed that relate to loan performance or asset management.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no typos or grammatical errors, as attention to detail is key in this role. A polished application reflects your organisational skills and professionalism.
How to prepare for a job interview at Belmont Search
✨Know Your Numbers
As a Real Estate Associate, you'll be dealing with complex loan documents and financial data. Brush up on your Excel skills and be prepared to discuss how you've used data analysis in previous roles. Highlight specific examples where your analytical skills made a difference.
✨Understand the Market
Familiarise yourself with current trends in the real estate market and how they impact loan performance. Be ready to discuss recent developments and how they might affect asset management strategies. This shows that you are proactive and knowledgeable about the industry.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities, especially regarding risk assessment and loan management. Prepare scenarios where you've had to analyse borrower reports or manage high-risk loans, and explain your thought process and outcomes.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice articulating your thoughts clearly and concisely. During the interview, ensure you listen carefully to questions and respond thoughtfully, demonstrating your ability to convey complex information effectively.