Portfolio Credit Risk Manager
Commercial Real Estate (CRE)
City of London
Permanent
£85,000
cer Financial are working alongside a financial services firm who are based in the City of London. They are seeking a Portfolio Credit Risk Manager to work them on a permanent basis.
The responsibilities of the Portfolio Credit Risk Manager will include:
- Be able to work independently and manage multiple loan portfolios and when required monitor, report and advise key stakeholders on CRE asset management and loan asset management strategies involving a portfolio of performing loans and non-performing loans.
- Prepare monthly, quarterly credit reports and annual reviews.
- Undertake credit rating reviews.
- Collecting and analysing Borrower reports (Rent Rolls, Operating statements, Covenants etc.) and presenting to client.
- Attending and present at weekly / monthly committees.
- Represent clients and investors on a daily basis through role as primary servicer.
- Support and work with Legal and Senior Management on the closing of new deals.
- With Experience, coach other teams members of the Asset Surveillance and wider Primary Servicing teams.
- Ensure systems are up to date.
- Regular (at least annual) analysis of key risks including financial risk, operational risk, supplier/ guarantor risk, country/regulatory risk and market risk (as applicable).
- Monitoring relevant macro news articles and keeping up to date with market trends.
- Review and analyse financial accounts (annual, quarterly and monthly).
- Review/update of cash flow models (incl. base case and downside/stress case scenarios) to assess future performance and risks.
The successful Portfolio Credit Risk Manager will have:
- Previous experience in commercial loan servicing in the UK or elsewhere in Europe.
- Experience within financial services or banking.
- Strong understanding of real estate finance and complex deal structures.
- Experience on CMBS loans and working within a related credit environment involving CRE.
- Proven analytical skills and fully proficient using excel.
- Solid analytical and technical skills and the desire to understand complex loan documents and borrower structures if not already experienced.
- Analytical skills to understand complex loan documents and borrower structures.