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Associate Director CRE Facility Agent, London
Salary circa 85,000 +
We are actively looking to speak with Commercial Real Estate Facility Agents who are considering a move and meet the criteria suggested below. Ideally those already embedded in the facility agency world and working for one of the key players within this niche corner of the market.
The CRE Facility Agent role will involve managing a portfolio of Commercial Real Estate loans from drawdown through to redemption.
This involves working with Credit Admin to ensure timely and accurate servicing of a portfolio of loans for institutional clients.
The Associate Director will work closely with internal and external stakeholders to maintain robust processes, timely communication and compliance with industry regulations.
Duties:
- Overall you will be managing a portfolio of syndicated and bilateral UK and European commercial real estate investment and development loans where we act as Facility Agent and/or Security Agent.
- You will work closely with our legal team, reviewing finance documents prior to loan closing and through the life of the loan.
- Creating financial models, diarising conditions subsequent, construction milestones and any other significant events, including the provision of borrower reporting, in-line with the relevant finance documents.
- Liaising with borrowers and their representatives in relation to ensuring reporting and other information required under the relevant finance documents are provided in a timely manner.
- Coordinating with lenders, borrowers and their respective lawyers in respect to loan redemptions, restructuring, amendments, waivers and other adhoc requests.
- Processing transfers, setting up waterfalls and reviewing back-office calculations.
- Liaising with project monitors, borrowers and lenders with regard to drawdowns and calculating lender splits, if required.
- Instructing valuations.
If you are exploring the market and looking for a change, and the above description resonates with your own experience we would love to hear from you.
Please register your interest today by clicking on the Apply button.
Services advertised by Gold Group are those of an Agency and/or an Employment Business.
We will contact you within the next 14 days if you are selected for interview. For a copy of our privacy policy please visit our website.
