Associate Director - Real Estate Debt Asset Management

The firm’s Asset Management team is responsible for managing all positions including distressed positions in the portfolio, analysing the performance of individual investments and identifying areas or opportunities for enhancing the returns to deliver the best risk / return outcomes for investors.

This Associate Director role within the Asset Management team will be to provide direct input on the underlying transactions across the debt strategies that require close monitoring or that have complex business characteristics and / or performance issues with borrowers. A key aspect of the role will be to identify loans that maybe falling behind business plan, but meeting covenants, and provide analytical and real estate understanding to identify further value add upside, both at the property and funding level, that may not have been identified by the Borrower.

Key responsibilities:

• Enhancement of Loan Positions and Portfolio outcomes - attendance at investment committee meetings and quarterly reviews of each Fund to identify any loans where initiatives could be implemented on secured properties to enhance returns
• Monitoring – regular meetings with Portfolio Management re the watchlist deals that are not performing in line with business plan, or have challenges that mean that they will likely not perform in line with business plan in the future
• Evaluation - to evaluate the challenges with each deal and implement a strategy that will deliver the best risk adjusted returns within the lifetime of the Fund
• Reporting - preparing and presenting investment committee papers to have any required changes formally approved

Requirements:

• An establish and proven Asset Manager with experience in the European Real Estate markets and well-reputed for driving value
• A hybrid understanding of debt management and structuring but also granular property knowledge
• Intimate understanding of the UK real estate sub-markets
• Excellent financial and cash-flow modelling skills
• Possess sound general business/commercial awareness
• Excellent written and verbal communication skills
• Be a flexible team player