Senior Asset Manager (AD Level), London
£65,000 - £85,000 Plus Package
As a Senior Asset Manager, you will manage a portfolio of loans (balance sheet and CMBS securitizations) and ensure compliance with policies, procedures, and timelines.
The role will suit someone who is comfortable in a client-facing position, as you will work with a range of stakeholders involved in commercial real estate (CRE) debt and equity investment to provide asset reporting and loan asset management services.
Key Responsibilities:
- Prepare credit reporting and annual reviews.
- Manage watch-list reports and provide advice to client in-house credit functions on asset management plans, strategy, and construction financing.
- Support equity investors/lenders with underwriting.
- Monitor, report, and advise key stakeholders on CRE asset management and loan asset management strategies.
- Provide advice and recommendations to the Lender credit function on watch-listed and non-performing loans.
- Collect and analyze Borrower reports (rent rolls, operating statements, covenants calculations, etc.) for periodic loan asset management and collateral reporting.
- Review development finance documentation and cash flow forecasts, providing advice to Lenders regarding development costs and timing.
- Undertake risk assessments of individual loans and underlying collateral to determine risk ratings.
- Maintain a Watch List of higher-risk loans and provide advice on remedies and exit strategies.
- Support Lender credit function with details concerning concession/waiver requests from the Borrower.
- Liaise between Lender's in-house asset management and credit functions and external professionals (legal, valuers, property management companies).
Application Process: Please register your interest today and click the Apply Button if you currently sit within the CRE finance space and feel this could be a fantastic step for your next career move.#J-18808-Ljbffr