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Real Estate VP - Asset Management

Michael Page Property & Construction
Posted 6 days ago, valid for 16 days
Location

London, Greater London EC1R 0WX

Salary

£35,000 - £42,000 per annum

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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

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  • The role is for a Vice President of Asset Management in a Pan European Real Estate investment fund.
  • Candidates should have significant experience as a Private Equity Asset Manager at the Associate level or above, with a focus on managing complex assets and restructuring.
  • A degree in Real Estate, Built Environment, or a related field from a notable university is required.
  • The position offers a competitive fixed compensation along with bonuses and benefits.
  • Candidates must demonstrate a detail-oriented mindset and strong communication skills, with the ability to operate in a fast-paced environment.

Real Estate VP of Asset Management to join growing Pan Euro Real Estate investment fund. The successful candidate will be instrumental in the oversight and day-to-day management of complex assets, trading entities and restructuring procedures.

Client Details

Our client is a well-established, Top 100 Pan European Private Equity Fund with offices in London and across key locations in Europe. Specialising in opportunistic acquisitions in Real Estate, Infra and other heavily asset-backed sectors, they have an extensive track record and a diverse, growing portfolio.

Description

  • Oversee day-to-day management of complex assets across the fund including trading entities / operational RE businesses and restructuring processes.
  • Ensure a good understanding of all of the company's policies, procedures and compliance guidelines, installing the principles in your daily practice to protect the company from any associated risks
  • Support the review of and reporting on performance of businesses
  • Review and compare budgets to financial reporting. Identify discrepancies in budgets, reports and ongoing projects, recommend appropriate remedies for these discrepancies and where necessary, challenge borrowers and third parties
  • Support the wider Asset Management team on DD performance, legal documentation (amendments / re-statements / refinancing), and overall loan administration
  • Interface and help to manage relationships with borrowers
  • Preparation of recommendations for asset protection / enhancement strategies
  • Monitor cash and loan reconciliation reports and support the AM team with resolution and escalation.
  • Monitor and enforce conditions and covenants
  • Support the weekly and monthly internal reporting and internal control processes
  • Analyse monthly reports from borrowers, feeding into central reporting for the fund to support Quarterly investor communications.
  • Liaise with all 3rd parties: lawyers, valuers, agents and advisors.
  • Assist with producing reports and corresponding recommendations for the Investment Committee
  • Understand and support the enforcement of security
  • Visit borrowers and respective assets across the UK & Ireland, and if required in other Western European jurisdictions.

Profile

The successful VP Real Estate Asset Manager should have:

  • Real Estate, Built Environment, Real Estate Finance, Economics (or similar) Degree from notable University
  • Significant experience as PE Asset Manager at Associate / Senior Associate level or above.
  • Demonstrable track record managing complex assets, trading entities and restructuring.
  • Solid investment knowledge and understanding of Real Estate (Living sectors / Alternatives / Commercial RE and RE companies), Infrastructure and asset backed businesses.
  • Detail-driven and results oriented mindset, persistent, highly organised with ability to manage multiple work-streams at any one time.
  • Strong initiative; able to exercise sound judgement with confidence in convictions.
  • Able to work as part of a team but also function as self-sufficient, taking ownership of issues and queries and coordinating efforts to achieve successful resolution
  • Ability to operate in a fast-paced work environment
  • Consistently demonstrate clear and concise written and verbal communication skills
  • Strong business planning, negotiation and analysis skills (understand investment models and the drivers influencing returns)
  • Strong excel and writing skills

Job Offer

Competitive Fixed comp + bonus + benefits

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.