Altus Partners have partnered with a Global Leading Alternative Asset Manager who is looking to add to their Portfolio Management team. The business has recently entered the FTSE 100 and manages 50 billion AUM across a range of different investment strategies including; private and public debt, private equity and real assets. This organisation has more than doubled its AUM and people over the last decade.
•New business onboarding & review
•Monitoring receipt of borrower reporting every quarter
•Input income & costs into a standard ICGL format for reporting purposes.
•Ensuring that loan facilities are performing following the terms of the loan agreement
•Monitoring delivery of property
-level business plans against the underwritten position
•The monitoring risk profile of each loan portfolio against Fund level investment restrictions
•Performing regular analysis of portfolio at loan, property asset and tenant-level
•Verification of reported income to bank statements •Investigate anomalies in reported income with Borrowers and explain/resolve
•Calculate financial covenants and check results against the Borrower’s compliance certificate
•Complete a standard ICGL format asset management review
•Check other risk-based requirements
•Preparing quarterly reports for Asset Management Committee on portfolio risk profile and loan performance Assessment and presentation of tenants’ / prospective tenants’ financial statements and credit status as necessary.
•Preparing investor reports and ad-hoc reports for senior management as required;
•Feedback to the Head of Credit Risk on the portfolio
•Manage the portfolio risks and reporting
•Elevation of omissions, inaccuracies and potential threats
•Managing borrower consent process including assessment of financial statements of new tenants proposed by Borrowers where material exposure is requested•Liaising with Fund professionals as required, including administrators and auditors
•Support and assist the front office relationship managers with structuring, problem-solving, issues and guidance at first level
•Foster positive and supportive relationships with the front office relationship managers, clients and service providers whilst maintaining responsibility for good credit stewardship and high governance standards at all times.
•Work with the deal team to arrive at sensible commercially compelling solutions that protect the relevant Fund's interests.
•Qualification: FRICS, ACIB, ACCA
•3+ years in either/and: 1. Real Estate 2. Banking 3. Asset Management 4. Preference for real estate within 2 & 3 above
•University degree or equivalent
•European Languages, preferably French
•Key Skills: Credit & Financial Analysis•Proficient with excel and experience of working with finance software
•Good verbal and written communication skills
•High personal/professional ethics and integrity
•Strong attention to detail
•Ability to work well under pressure to tight deadlines and to deliver high-quality output in line with requirements, often defined by others