Associate, Asset Management (Real Estate Loans) - US Investment Bank

ZipRecruiter; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading company in the recruitment industry seeks a skilled Portfolio Manager to oversee a diverse portfolio of commercial real estate loans. The successful candidate will manage client relations, ensure compliance with company policies, and provide in-depth loan surveillance by analyzing cash flows and market conditions. Applicants must possess a Bachelor's degree in a related field and at least three years of relevant experience, along with strong analytical and Excel skills.

Qualifications

• 3+ years of relevant industry experience required.
• Proficiency with major property types like office, industrial, retail, and multifamily.
• Advanced knowledge of CRE principles and calculations.

Responsibilities

• Management of a portfolio of commercial real estate loans.
• Communicating with borrowers and lenders/investors.
• Analyzing property financials and reporting performance quarterly.

Skills

Analytical Skills

Advanced Excel Skills

Financial Analysis

Communication

Education

Bachelor's degree in Real Estate, Finance, Accounting, or Business

Tools

MS Office Suite

Job description

Job Description

Position Overview

This role assists in the management of a portfolio of highly structured commercial real estate loans, while adhering to company policies and procedures, and managing client relations. Additionally, the position provides a high level of loan surveillance support to the client by monitoring and reporting on property level cash flows, rent rolls, market conditions and property valuations for a nationwide portfolio of loans across all types of commercial real estate property types.

Essential Job Functions

• Day to day management of assigned loans, including communication with Borrowers and Lenders/Investors
• Processing of borrower requests and consents
• Analyze 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 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, power point and word