AVP - Senior Associate - Real Estate Finance

Position Overview: This role consists of the management of a portfolio of highly structured commercial real estate loans, while also managing client relations. Additionally, provide a high level of loan surveillance support to the client by monitoring and reporting on property level cash flows, rent rolls, market conditions and property valuations for a nationwide portfolio of loans across all types of commercial real estate property types. Job Functions: Day to day management of assigned loans, including communication with Borrowers and Lenders/Investors Processing of borrower requests and consents Review and analyse LMA finance documents and real estate documentation Analyse property financials and report property/loan performance to Lenders/Investors on a quarterly basis via a Quarterly Asset Report (QAR) Re-underwrite the positions (real estate collateral and loans) as required When applicable, correspond with Sponsors/Borrowers for updates on any property-level concerns, including Capex Projects, leasing progress, Construction Status, and overall performance Understand property cash flows including service charge accounts and recoverable/non-recoverable costs, tenant level information, financial trends Draft credit committee memos and present to clients; report to client internal credit risk management group as required Prepare and submit weekly loan portfolio updates identifying all relevant issues, discussions and events that occurred during the week Manage development/capex loans, review and analyse utilisations requests and information package as provided, make recommendations to clients on a regular basis Undertake unsupervised site visits including site visit preparation Monitor loan specific events and triggers This position supervises and mentor's others Such other activities as may be assigned by your manager Requirements: Bachelor’s degree preferred field of study: Real Estate, Finance/Accounting, Business or equivalent combination of education and experience Minimum 5 years of experience in Commercial Real Estate and asset management preferred Proficiency with major property types (office, industrial, retail, multifamily) Basic knowledge of specialty property types (hotels and condominiums) Proficiency with advanced CRE principles including underwriting, loan servicing and treasury practices Proficient with common CRE calculations and concepts: IRR’s, NPV, DSCR’s, DY, NOI/NCF Basic knowledge of all deal types (transitional, development, pre-development, repositioning, and stabilized properties) and complex debt positions (participations, syndications, CLO’s/CDO’s) Basic Knowledge of complex debt positions (senior and mezzanine debt, warehouse, and repo lines) Ability to create complex financial models