Associate Director, Credit Administration

Gold Group; Greater London; On-site; GBP 80,000 - 90,000; Full time

Job summary

Gold Group in Central London is seeking an Associate Director, Credit Administration to lead a portfolio of Commercial Real Estate loans, overseeing servicing from drawdown to redemption and ensuring timely, accurate reporting for institutional clients.

You will manage syndicated and bilateral UK/European CRE loan exposures, review finance documents with in-house and external counsel, build financial models, and coordinate with borrowers, lenders and lawyers on take-ons, redemptions and waivers.

Qualifications

• 5+ years of loan servicing experience in finance, real estate or a related field.
• Strong analytical skills with intermediate to advanced level ability of Excel.
• Strong organisational and communication skills and ability to work collaboratively.
• Ability to thrive in a dynamic environment while prioritizing and meeting competing deadlines.

Responsibilities

• Manage a portfolio of syndicated and bilateral UK and European commercial real estate loans.
• Review relevant finance documents prior to loan closing and through the life of the loan.
• Create financial models and borrower reporting in line with finance documents.
• Liaise with borrowers, lenders and their representatives to ensure timely reporting.
• Coordinate with lenders, borrowers and their lawyers on redemptions, amendments, waivers and ad hoc requests.
• Instruct valuations and oversee back-office calculations.

Skills

Loan servicing

Analytical thinking

Communication skills

Organisational skills

Team collaboration

Tools

Excel

Job description

Associate Director, Credit Administration, London

c£80,000 - c£90,000 base salary, bonus, and benefits

Based in Central London sitting within a highly professional team of specialists, we are actively looking to engage with experienced Facility Agents who are perhaps considering their next move.

The remit of the role of Facility Agent is to play a key role in managing a portfolio of Commercial Real Estate loans, from drawdown through to redemption. Working to ensure timely and accurate servicing of a portfolio of loans for institutional clients.

Managing a portfolio of syndicated and bilateral UK and European commercial real estate investment and development loans.

Working closely with in-house Legal team and, where necessary, external counsel, reviewing relevant finance documents prior to loan closing and through the life of the loan.

Creating financial models, diarising conditions subsequent, construction milestones and any other significant events, including the provision of borrower reporting, in-line with the relevant finance documents.

Liaising 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.

Coordinating with lenders, borrowers and their respective lawyers in respect to loan redemptions, restructuring, amendments, waivers and other adhoc requests.

Processing transfers, setting up waterfalls and reviewing back-office calculations.

Liaising with project monitors, borrowers and lenders with regard to drawdowns and calculating lender splits, if required.

Instructing valuations.

About you:

• 5+ years of 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 ability to work collaboratively.
• Ability to thrive in a dynamic environment while prioritizing and meeting competing deadlines.