Solutus Advisors, a market leading platform providing bespoke solutions for real estate lenders, are seeking a detail-oriented Loan Manager to join the team on full time, permanent basis. The successful candidate will gain exposure to a diverse portfolio of UK and European commercial real estate debt transactions, working closely with lenders, borrowers, investors and professional advisors across a broad range of asset classes and financing structures.
The position is suitable for candidates with excellent analytical skills, attention to detail and knowledge of commercial real estate, lending and/or banking.
This is a fully office-based role, and the location of our office is Chorley.
Hours of work: 9:00am to 5:30pm, Monday to Friday.
Key Tasks and Responsibilities
- Work independently to manage multiple loan positions.
- Represent clients and investors daily in the capacity of Facility Agent, Security Agent or Primary Servicer.
- Review loan agreements, servicing agreements and other finance/security documentation as required, including coordinating legal reviews with external and in-house counsel, as well as Borrower and Lender counsel.
- Compile Loan Overviews, Abstracts and Task Trackers identifying debt service requirements, key terms, responsibilities, contracts, collateral and financial/non-financial deliverables required to establish and administer loan facilities within the Loan Management System.
- Collect and analyse Borrower reporting (including rent rolls, operating statements and covenant reporting) to monitor compliance with loan covenants and other obligations under finance agreements.
- Issue reminders for upcoming deliverables and maintain ongoing monitoring of task trackers within the task tracking software.
- Complete loan facility requirements including, but not limited to, sign-off of interest statements, review and completion of payment waterfalls, review and completion of redemption statements, and approval of Borrower payment transfers.
- Prepare and distribute Investor/Lender reports regarding loan and portfolio performance.
- Review requests from Borrowers/Obligors for waivers and amendments to finance documentation.
- Liaise and negotiate, where required, with Borrowers, Lenders, Asset Managers, Property Managers, Valuers and Solicitors.
- Arrange and collate documentation for execution.
- Assist with the training and mentoring of new team members.
- Support wider business initiatives and operational activities as required.
Essential Skills & Experience
- Knowledge of commercial real estate, lending and/or banking.
- Strong analytical skills with high accuracy and attention to detail.
- Ability to work independently and prioritise workload.
- Ability to manage multiple tasks and meet tight deadlines in a fast-paces environment.
- Customer-focused with strong interpersonal and communication skills, and the ability to manage effective relationships with stakeholders and clients.
- Ability to work effectively with others and contribute to a positive working environment.
- Proactive approach to learning and professional development.
- Good knowledge of MS Office, including intermediate Excel competency.
Company Benefits
- 25 days holidays, plus bank holidays.
- Market competitive salary.
- Company Pension
- Company Sick Pay
- Employee Assistance programme.
- Free on-site parking.
- Team building events.
This position offers an engaging environment for individuals eager to expand their knowledge while contributing to a reputable organisation. If your career aspirations align with this exciting opportunity, then click ‘Apply‘ and send us your up to date CV.
…