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