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Date Added: Tue 12/11/2024

Real Estate VP - Asset Management

London, UK
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Company: MICHAEL PAGE PROPERTY & CONSTRUCTION

Job Type: Permanent, FullTime

Salary: Salary negotiable

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

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