Senior CRE Development Finance & Loan Asset Manager – Hybrid

Auricoe Limited; Greater London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

Auricoe Limited in London (Canary Wharf) seeks a Senior Associate to oversee CRE development finance and loan asset management, focusing on development and construction facilities after closing. The role covers UK and European loans, with direct borrower engagement and funding recommendations.

You will assess drawdowns, monitor risk, and work with the bank’s origination and credit teams to maintain performance and clear reporting on loan performance and emerging risks.

Qualifications

• At least three years’ CRE lending or loan asset management experience.
• Experience monitoring development loans after closing.
• Ability to assess construction funding requests and related reports.
• Understanding of how debt, equity and contingency cover completion costs.
• Strong Excel modelling and client communication skills.

Responsibilities

• Review construction drawdowns against programme, cost-to-complete and funding conditions.
• Identify delays/cost overruns and assess impact on completion and repayment.
• Evaluate borrower requests for consents/waivers and extensions with lender protections.
• Analyze property cash flows, valuations, rent rolls, and covenant compliance.
• Manage relationships with sponsors, borrowers, surveyors and lawyers; coordinate with origination and credit teams.
• Maintain financial models and reporting on loan performance and risks.

Skills

Excel modelling

Loan documentation

Borrower communication

Credit monitoring

Financial analysis

Job description

Auricoe Limited in London (Canary Wharf) seeks a Senior Associate to oversee CRE development finance and loan asset management, focusing on development and construction facilities after closing. The role covers UK and European loans, with direct borrower engagement and funding recommendations.

You will assess drawdowns, monitor risk, and work with the bank’s origination and credit teams to maintain performance and clear reporting on loan performance and emerging risks.