Asset Manager – Workout CRE

About This Role

The purpose of the Asset Manager Workout Commercial Real Estate is to support the portfolio manager and assist in the management of a portfolio of debtors to agree and implement debt management strategies to maximize recoveries for commercial real estate under the company's management. As the Asset Manager Workout you will also be responsible for conducting due diligence, relationship management and in conjunction with colleagues on the Real Estate team ensuring minimal delays in getting assets onto the market through effective and efficient relationship management and implementation of process controls to minimise risk.

Key Responsibilities

* Relationship Management/Debt Restructuring - Maximise financial return through development and implementation of effective debt management strategies
* Financial Management - Maximise the financial return for our capital partners through effective debtor management
* Portfolio Due Diligence and Analysis
* Asset Management
* Analysis and Reporting - Produce accurate and reliable Management Information for Senior Management/EXCO on the portfolio
* Support the ongoing maintenance and promotion of a compliance and risk culture through:
* Ensuring that a culture of consumer protection and fair treatment of customers is always promoted across the team with a view to achieving fair customer outcomes
* Conduct role and performance of responsibilities in a manner consistent with the Central Bank of Ireland's objective to achieve a consumer centric culture and in accordance with the applicable law and regulatory requirements which affect the company as a regulated entity
* Work collaboratively with Compliance & Operational Risk to ensure continued compliance and that operational risks are managed satisfactorily; including addressing any issues identified through monitoring and testing, rectifying errors, and completion of AML

Skills & Experience

* Proven experience within a portfolio management or debt restructuring role
* APA in Housing Loans or QFA (essential)
* Relevant Business degree or equivalent qualification
* Experience of working on cases involving loan restructuring / insolvency / receivership / examinership (preferable)

Key Performance Indicators

* Achievement of portfolio KPI's
* Quality of Assessment and Strategy Proposals
* Accuracy, quality, and efficiency of due diligence
* Feedback from Commercial Real Estate team
* Turnaround times on getting assets to market
* Relevance, quality, accuracy, and timeliness of reports

Competencies

* Attention to Detail, Accuracy & Quality
* Analytical Thinking
* Influencing/Persuasion & Negotiation skills
* Problem solving, Judgement & Decision-making
* Customer service & Commercial Awareness
* Delivery

Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.

BY APPLYING FOR THIS ROLE YOU ARE AGREEING TO OUR TERMS OF SERVICE WHICH TOGETHER WITH OUR PRIVACY STATEMENT GOVERN YOUR USE OF MORGAN MCKINLEY SERVICES.