Senior Asset Manager

Harley People
Closing date
11 Feb 2022

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Contract Type
Full Time
Senior Asset Manager (CRE), Asset Surveillance, Loan Servicing, City of London £70-75,000pa + excellent benefits
This position will primarily involve working with a single Lender client. The role is direct client facing and forms part of a team of CRE debt professionals who will collectively, monitor and report on the performance of an extensive loan book secured against UK & European CRE to provide asset surveillance and loan asset management services.
Core Responsibilities:
Be able to demonstrate strong credit experience involving CRE and be familiar with related loan and security finance documentation.
Monitor, report and advise key stakeholders on CRE asset management and loan asset
management strategies involving a portfolio of [mostly] performing loans.
Provide advice and recommendations to Lender credit function on issues relating to watch-listed and non-performing loans.
Collect and analyze Borrower reports (rent rolls, operating statements, covenants calculations
etc.) and other third-party information necessary to compile periodic scheduled loan asset management and collateral reporting.
Review and analyze development finance documentation, review development cash flow and
budget forecasts from Project Monitor reports vs underwriting assumptions and provide advice to Lenders regarding development costs and timing.
The preparation of credit reporting, quarterly reviews, management of watch-list reports and providing advice to client in-house credit functions on issues regarding asset management plans, strategy and construction financing.
Support Lender credit function concerning any concession/waiver requests from the Borrower including reasoned advice and recommendations.
Assist with business development of the Asset Surveillance team, building on established and developing new, professional networks and cross selling other services offered by the firm.
As required, liaise between Lender's in-house asset management and credit functions and external third-party professionals including legal, valuers and property management companies.
Coach junior members of the Asset Surveillance and wider Primary Servicing teams.
Skills and Competencies:
Substantial experience and a proven track record of working in a related credit environment involving CRE.
Comfortable in a client facing role and ability to confidently present to Lenders up to credit committee level.
Solid analytical and technical skills and ability to understand complex loan documents and borrower structures.
Experienced at monitoring and reporting on construction financing to Lenders.
A related tertiary qualification to at least undergrad level ideally in Land Economics, Business Accounting or Economics
This is an excellent opportunity, if you have the experience detailed above, please apply today with your CV for further information

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