Real Estate VP - Asset Management - Michael Page Property & Construction : Job Details

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