SonicJobs Logo
Left arrow iconBack to search

Senior Asset Manager

Gold Group Ltd
Posted 3 days ago, valid for 11 days
Location

London, Greater London EC1R 0WX

Salary

£50,000 - £60,000 per annum

info
Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

info
  • The Senior Asset Manager position in London offers a salary range of £65,000 to £85,000 plus a package.
  • The role involves managing a portfolio of loans, ensuring compliance with policies, and engaging with various stakeholders in commercial real estate.
  • Candidates should have experience in credit reporting, asset management plans, and loan asset management services.
  • The position requires the ability to analyze borrower reports, conduct risk assessments, and provide advice to lenders on non-performing loans.
  • Applicants are encouraged to apply if they have experience within the commercial real estate finance sector.

Senior Asset Manager (AD Level), London

£65,000 - £85,000 Plus Package

As a Senior Asset Manager you will be required to 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.

Carrying out the preparation of credit reporting, annual 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 and occassionaly supporting equity investors/lenders with underwriting.

You will monitor, report and advise key stakeholders on CRE asset management and loan asset management strategies involving a portfolio of performing loans and non 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.

Undertake risk assessment of individual loans, underlying collateral and Borrower to determine risk ratings for each loan.

Maintain Watch List of loans considered to be higher risk and provide advice regarding possible remedies and exit strategies.

Support Lender credit function with details concerning any concession/waiver requests from the Borrower including reasoned advice and recommendations.

Liaise between Lender's in-house asset management and credit functions and external third-party professionals including legal, valuers and property management companies.

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 you to take in your next career move.

Services advertised by Gold Group are those of an Agency and/or an Employment Business.We will contact you within the next 14 days if you are selected for interview. For a copy of our privacy policy please visit our website.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.