At a Glance
- Tasks: Join our team to manage and analyze commercial real estate loans and strategies.
- Company: Work with a leading financial services firm in the heart of London.
- Benefits: Enjoy a competitive salary, hybrid work options, and great corporate perks.
- Why this job: Gain hands-on experience in asset management while working with industry experts.
- Qualifications: 2+ years in real estate debt, strong analytical skills, and MS Excel proficiency required.
- Other info: A 90-minute test on cashflow models will be part of the application process.
The predicted salary is between 34000 - 46000 £ per year.
Associate Asset Manager Commercial Real Estate Debt
London (Hybrid)
£40,000 – £50,000 + Benefits
We are actively looking to hire someone to work for a leading financial services firm in London, sitting within their Commercial Real Estate credit team.
The position 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.
We are looking to discuss the role with applicants who are capable of using and putting together CRE cashflow models (a 90 minute test will be rolled out).
Skills Required:
- Experience and a proven track record of working in a related credit environment involving commercial real estate.
- Analytical and technical skills and the ability to understand complex loan documents and professional third-party reporting.
- MS Excel skills.
- Experience of real estate debt is a necessity, ideally with 2 or more years of experience.
- Successful candidate will need to demonstrate experience involving CRE and be familiar with related loan and security finance documentation.
Duties:
- Monitor, report and advise key stakeholders on CRE asset management and loan asset management strategies involving a portfolio of [mostly] performing loans and a number of active construction finance loans.
- Collect and analyze 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 client based on findings.
- Creation of cashflow models based on forecasts.
- 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.
- Liaise between Lender\’s in-house asset management and credit functions and external third-party professionals including legal, valuers and property management companies.
Desired Skills and Experience
CRE loan asset management
Services advertised by Gold Group are those of an Agency and/or an Employment Business.
We will contact you within the next 14 days if you are selected for interview. For a copy of our privacy policy please visit our website.
Associate Asset Manager Real Estate Debt employer: Gold Group Ltd
Contact Detail:
Gold Group Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate Asset Manager Real Estate Debt
✨Tip Number 1
Familiarize yourself with the specific cashflow models used in commercial real estate. Brush up on your Excel skills, as you may be tested on these during the interview process.
✨Tip Number 2
Understand the key components of loan documents and third-party reports. Being able to discuss these confidently will show your analytical skills and familiarity with the industry.
✨Tip Number 3
Prepare to discuss your previous experience in real estate debt management. Highlight specific examples where you successfully managed loans or provided strategic advice to stakeholders.
✨Tip Number 4
Network with professionals in the commercial real estate sector. Engaging with industry contacts can provide insights and potentially lead to referrals that strengthen your application.
We think you need these skills to ace Associate Asset Manager Real Estate Debt
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and skills required for the Associate Asset Manager position. Tailor your application to highlight your relevant experience in commercial real estate debt.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in a related credit environment, particularly focusing on commercial real estate. Provide specific examples of your analytical skills and any cashflow models you have created.
Showcase Technical Skills: Demonstrate your proficiency in MS Excel and your ability to analyze complex loan documents. Mention any relevant software or tools you are familiar with that could be beneficial for the role.
Prepare for the Test: Since a 90-minute test will be part of the application process, practice creating CRE cashflow models and reviewing loan documentation. This preparation will help you feel more confident during the assessment.
How to prepare for a job interview at Gold Group Ltd
✨Showcase Your CRE Knowledge
Make sure to highlight your experience in commercial real estate debt during the interview. Be prepared to discuss specific projects you've worked on and how they relate to the responsibilities of the role.
✨Excel Skills Are Key
Since MS Excel skills are crucial for this position, practice your Excel proficiency before the interview. Be ready to demonstrate your ability to create cashflow models and analyze data effectively.
✨Understand Loan Documents
Familiarize yourself with complex loan documents and third-party reporting. During the interview, be prepared to explain how you have navigated these documents in past roles and how you would approach them in this position.
✨Prepare for the 90-Minute Test
Anticipate the 90-minute test that will assess your ability to put together CRE cashflow models. Review relevant concepts and practice similar exercises to ensure you're ready to impress.