Assistant Manager – Loan workout and restructuring recruitment
This is an opportunity for someone who has the desire to take on a challenging project and gain excellent exposure to real estate loan recovery, where you will be responsible for supporting the Senior Manager to ensure the effective operation of the team on a day to day basis. The ultimate aim will be to maximise the recovery of your assigned loan portfolio.
Key responsibilities include:
• Assist the team Manager to manage an assigned loan portfolio.
• Undertake in depth due diligence to develop best options available to maximise loan recovery and implement as appropriate.
• Prepare and present credit papers to Credit Committee, whilst ensuring that the administration of the loan portfolio put forward best alternative for maximum loan recovery.
• Continually manage borrower or insolvency practitioners, client relationships and negotiations.
• Co-ordinate the process involving the sale and joint venture work out of Real Estate assets.
• Provide leadership support to team members.
• The successful candidate will have:
• Strong ability to asses credit risk, to write and present land and development credit applications, as well as strong cash flow analysis skills.
• Previous experience of the management of/supporting the management of a portfolio that includes real estate loans is essential.
• Ability to present to the credit committee (in written form and orally) in a succinct and highly professional manner.
• Experience with insolvencies incorporating administration and receivership
• People management experience and the ability to lead and motivate a team.
• Excellent negotiation skills and effective presentation / communication skills
*Please submit CV's in Microsoft Word format*