Portfolio Analyst/Asset Surveillance Senior Associate
Commercial Real Estate
City of London
Permanent
£55,000
cer Financial are working alongside a financial services firm who are based in the City of London. They are seeking an Asset Surveillance Senior Associate to work with them on a permanent basis on a commercial real estate portfolio.
The responsibilities of the Asset Surveillance Senior Associate will include:
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- Collect and analyse 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 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.
- Analysis of potential amendments/waivers and future impact on loan performance vs underwriting
- Liaise between Lender’s in-house asset management and credit functions and external third-party professionals including legal, valuers and property management companies.
The successful Asset Surveillance Senior Associate will have:
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- Experience and a proven track record of working in a related creditenvironment involving CRE.
- Previous experience reviewing LMA style Finance Documents required
- Analytical and technical skills and the ability to understand complex loan documents and professional third-party reporting
- Strong MS Excel skills, and numerically inclined.
- Financial modelling experience is a bonus but not required.