Credit Specialist

Sime Darby Property; Selangor; On-site; MYR 120,000 - 180,000; Full time

Job summary

A leading company in Malaysia seeks an experienced professional to lead credit analysis and pricing for Build-to-Suit developments. The role involves constructing pricing frameworks, collaborating with various teams, and providing data-driven insights for lease negotiations. Ideal candidates will have a strong background in real estate finance, with a minimum of 10 years of relevant experience.

Qualifications

• Minimum 10 years of relevant experience in real estate or finance.
• Strong qualitative and quantitative skills required.

Responsibilities

• Construct and maintain a Built-to-Suit pricing framework.
• Lead credit analysis and pricing for potential tenants.
• Collaborate with teams to evaluate Build-to-Suit proposals.

Skills

Credit Analysis

Financial Analysis

Risk Management

Data Analysis

Education

Degree in Real Estate

Degree in Business/Commerce

Degree in Finance

Job description

• Construct and maintain a robust Built-to-Suit pricing framework which involves aligning the interests of both potential tenants and SD Property while managing risks and returns effectively. The framework should consider (a) SD Property’s internal investment and fund hurdle rates, (b) prevailing market rates, (c) credit risk premium adjustments based on tenant profiles/ asset complexity, (d) security to be provided by the tenants and (e) any other considerations to arrive at a final lease structure and pricing arrangement to ensure a well-structured and competitive Built-to-Suit development.
• Lead credit analysis and pricing for potential tenants particularly for the Build-to-Suit sector developments by evaluating key financial and operational factors such as creditworthiness, business model, and track record, while considering the complexity of the development asset and the tenant’s ability to meet financial obligations over the lease term. Subsequently, to establish rental rates, yield spreads, required rate of return and security to be provided by tenant based on tenant profile and asset specifications to ensure optimal risk adjusted returns for each development
• Collaborate with investments, fund management and property development teams to evaluate the viability/feasibility of Build-to-Suit proposals based on tenant and market demand, location, financial projections, construction costs, potential risks, and present findings to key stakeholders.
• Provide data-driven insights to support lease negotiations with potential tenants, including rent pricing, thresholds, strategies and lease terms based on Built-to-Suit evaluation framework.
• Support investments, fund management and property development and finance teams in securing project financing for standalone developments or bond programmes at fund/platform level, where required.

Education/ Professional Qualification

• Degree in Real Estate, Business/Commerce, Finance or related discipline.
• Minimum 10 years of relevant experience.
• Preference for candidates with experience in the field of real estate, debt capital markets, investment banking or corporate finance.
• Knowledge and past experiences in similar Real Estate / Investment and Asset Management roles is an added advantage
• Possess strong qualitative and quantitative skills