Location: London
CBRE is seeking a London based Asset Manager whose primary responsibility will be supporting the management of CBRE’s growing EMEA portfolio of commercial real estate loans. The candidate is responsible for the monitoring, servicing and accounting of the loan portfolio. The position is expected to periodically provide inputs for budgets, cost recovery, income, business and operating issues, along with recommendations.
Role: Senior Asset Manager
Responsibilities and duties of the Senior Asset Manager include:
- Service commercial real estate loans in the UK and continental Europe and monitor their performance and ability to support loan payments.
- Prepare loan performance reports.
- Provide general customer service to lenders and borrowers.
- Evaluate and prepare recommendations for lender consent items on loan and real estate related issues and present those recommendations to stakeholders.
- Manage the set‑up of new loans in the loan servicing system and maintain the integrity of loan information.
- Monitor loan document compliance by borrowers, including maintenance of property insurance and hedging, and submission of rent rolls, covenant calculations and property operating statements.
- Prepare operating statement analyses and other collateral review activities.
- Assist junior members of staff with the above.
- Undertake special projects as required.
Qualifications
- Experience in UK and European real estate finance sector.
- Experience servicing real estate debt transactions within the UK and/or Europe across various asset classes as well as investment and development loans.
- Debt due diligence, credit analysis and transaction management expertise.
- Execution and documentation experience, including a sound knowledge of LMA standard loan documentation.
- Excellent analytical skills, both commercial and financial, including an advanced knowledge of real estate financial modelling in Excel. The ability to prepare and present financing proposals with the skill and experience to influence and overcome objections.
- Business development skills: existing borrower contacts and personal network in the sector is preferred.
- Strong client facing written and verbal communication skills (interacting with lenders, investors and borrowers).
- Presentation skills.
- A team player mentality.
- Educated to degree level or equivalent with five years or more relevant experience, or equivalent combination of education and experience.
#J-18808-Ljbffr…
