Asset Manager – Special Servicing Frankfurt recruitment
The Special Serving department, with offices in London and Frankfurt, is responsible for the work-out of distressed and non-performing loans and works with an experienced team of specialists on resolution strategies.
To strengthen our Special Servicing team in Frankfurt, we are looking to recruit an Asset Manager.
Your responsibilities include:
- Management of a portfolio of distressed syndicated or securitized loans under the guidance of the Vice President
- Responsible for the day to day contact with third party suppliers such as legal advisors, valuers, asset and property managers, insolvency administrators along with borrowers, operating advisors, lenders, rating agencies
- Coordinate Analysts and Assistant Asset Managers as the responsible Loan Manager
- Negotiation of work-out strategies with borrowers and lenders
- Preparing written documentation of work-out strategies and required approvals
- Reporting of the work-out progress and further regular reporting requirements
- Negotiating fee structures with service providers
- Due Diligence support for underwriting of new business
You will possess the following:
- Law, business administration, finance or real estate related degree from a recognised institution
- Minimum of 5 years of relevant experience within real estate finance, real estate investments, asset management, financial servicing or related sector
- Good knowledge of the German and European real estate markets
- Understanding of real estate loan documents, syndication and CMBS structures
- Experience in loan asset management including restructurings, workouts and enforcements
- Motivated and detail orientated with the ability to work with little or no supervision
- Must be able to work, communicate and cooperate within a team environment
- Excellent communication and written skills
- Strong analytical and computer skills
- Fluent English and German essential
If you are interested in applying for this role, please send a cover letter stating your notice period along with your CV to twoldu@hatfieldphilips.com. For additional information please visit www.hatfieldphilips.com. No agencies please.
March 10, 2012
• Tags: Asset Management careers in the Germany, Asset Manager, Special Servicing Frankfurt recruitment • Posted in: Financial