Loan Servicing Associate (Real Estate)

Cobalt Consulting (UK) Ltd; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading consulting firm based in London is seeking an experienced professional to manage loan surveillance for a nationwide portfolio. The role involves analyzing property financials, communicating with stakeholders, and preparing detailed reports. Ideal candidates will have a degree in a related field and at least 3 years of experience in commercial real estate. Advanced Excel and MS Office skills are essential.

Qualifications

• Proficient in property financial analysis and reporting.
• Experienced professional with over 3 years in relevant industry.
• Advanced skills in Excel and MS Office required.

Responsibilities

• Manage assigned loans and communicate with Borrowers and Lenders.
• Analyze property financials and report performance quarterly.
• Prepare weekly loan portfolio updates and monitor specific events.

Skills

Property financial analysis

Loan servicing

Advanced Excel Skills

Communication with borrowers

Education

Bachelor's degree in real estate, finance, accounting, or business

Tools

Microsoft Excel

MS Office Suite

Job description

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.

Key Responsibilities:

• 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

About You:

• Bachelor's degree preferred 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