Director, Credit & Asset Management - Commercial Real Estate

ZipRecruiter; England; On-site; GBP 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a dynamic leader to manage a team of Asset Managers overseeing UK and European commercial real estate loans. This role involves collaborating with various stakeholders, developing financial models, and ensuring accurate reporting throughout the loan's lifecycle. The ideal candidate will possess a strong background in loan management and financial modeling, particularly within the commercial real estate finance sector. This opportunity offers a competitive salary, benefits, and a chance to make a significant impact in a thriving environment.

Qualifications

• Experience in loan management and European commercial real estate finance.
• Advanced skills in Excel and financial modeling.

Responsibilities

• Collaborate with Asset Management team and legal department on finance documents.
• Develop financial models and manage loan events and reporting.
• Assess waiver requests and present recommendations to the Credit team.

Skills

Loan Management

Financial Modelling

Excel

Commercial Real Estate Finance

Job description

Job Description

I am working on a fantastic opportunity for an individual to lead a team of Asset Managers responsible for the management of UK and European commercial real estate loans.

Responsibilities include:

1. Collaborating closely with the in-house Asset Management team and legal department of clients, examining pertinent finance documents before loan closure and throughout the loan's duration.
2. Developing financial models, scheduling subsequent conditions, milestones, and notable loan events, while also furnishing borrower reporting as outlined in the applicable finance documents.
3. Engaging with borrowers, Facility Agents, and their representatives to ensure accurate and timely submission of required reporting and other information specified in the finance documents.
4. Assessing waiver requests from Borrowers, contributing to the analysis and underwriting efforts to understand the impact on the Client, and presenting recommendations to the Credit team.
5. Examining accuracy in draft transfers, draft waterfalls, and Agent/Borrower calculations while maintaining precision.

The successful candidate will have experience in loan management and the European commercial real estate finance sector. You must also have advanced experience with Excel and financial modelling. In return, they are offering a competitive market rate salary (discussable further), benefits, and bonus.