Sterling Williams are working with a Financial Institution based in the City of London who are actively hiring for an Asset Surveillance Associate with a focus on Real Estate Debt.
Associate - Asset Surveillance (Real Estate)
Permanent - Hybrid working
Salary: circa £40,000 - £50,000 depending on experience
The role will involve the preparation of credit reporting, quarterly loan reviews, management of watch-list reports on issues regarding asset management plans, strategy and construction financing alongside daily reporting to stakeholders on key loan level data.
Day to day responsibilities may include:
- Monitor, report and advise key stakeholders on corporate real estate asset management and loan asset management strategies.
- Collect and analyse Borrower reports and other third-party information necessary to compile periodic scheduled loan asset management and collateral reporting and make recommendations to the client based on findings.
- Creation of cashflow models based on forecasts.
- 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.
The successful candidate will have:
- A minimum of 2 years experience of Real Estate Debt or Debt Servicing (or similar)
- Be familiar with related Loan and security finance documentation and have analytical and technical skills in understanding complex loans documentation
- Financial modelling skills would be beneficial
- Strong MS Excel Skills
- Degree educated - ideally with a focus on Economics, business, accounting or Real Estate.