Manager/ Associate Director – Real Estate Advisory & Asset Management recruitment
Overall objective is to realise value for the Bank through proactive monitoring and management of their Real Estate portfolio, identifying threats to asset quality and preserving asset value.
Responsibilities of the role:
- Monitor and rectify overall performance of cases by formulating and delivering on action plans – work out strategies, proactive restructuring plans, recovery strategies, where appropriate in line with the agreed Business Operating Model
- Provide transaction support and advice on constructing and selling portfolios of assets
- Provide advice to the relationship management teams and on individual case strategies.
- Source and disseminate market and competitor intelligence.
- Direct, control, prioritise and drive delivery of each of the strategies outlined above. Develop plans, negotiate with appropriate 3rd parties, obtain appropriate sanctioning and ensure appropriate controls are in place
- Ensure there is an appropriate asset management strategy in place to maximise recovery on your portfolio, both for restructured loan exposures and non consensual via either in house expertise and or external specialist property managers
- Lead, resource and motivate your team to execute plans quickly and effectively to maximise value
- Ensure management information from the team is up to date, relevant and coordinated.
- Oversee, provide directly expert knowledge to support key areas of the team
- Lead, drive and direct external advisor management.
Key accountabilities
- Organise quarterly case review sessions for case teams and ensure that all cases are fully challenged.
- Ensure teams are provided the right level of property market research, level of market interaction (investors advisers, etc) and advice it requires supporting the workout.
- To resolve issues and help the case team interact effectively with external property advisers.
- Monitor impairments across case teams and ensure impairments support the underlying case strategies and there is sufficient overall impairment.
- Review all plans for asset disposals and advice on whether to proceed or not
- Set up and maintain a list of target equity providers and asset purchasers
- Maintain the case pipeline database and ensure it is regularly updated by the team.
- Deliver practical and actionable management information on the basis of pipeline list.
- Coordinate and manage weekly advisory group meeting, ensure relevant cases are discussed, maintain notes, action plans and disseminate.
April 12, 2012
• Tags: Asset Management careers in the UK, Associate Director, Manager, Real Estate Advisory & Asset Management recruitment • Posted in: Financial