Portfolio Manager

1 month ago


London, United Kingdom Cobalt Recruitment Full time

Cobalt is currently recruiting for a Debt Portfolio Manager to join our PERE 100 clients dynamic Loan Asset Management team in London. This client-facing role demands strong analytical skills and real estate debt experience. The successful candidate will play a key role in supporting the asset management of a pan-European mixed loan portfolio for a prominent global private equity firm, operating in a rapidly expanding market.
Review and oversee the approval process for waivers, lease approvals, and other ad hoc requests.
Conduct forward-looking monitoring and assessment of loan performance, comparing against underwriting standards and sponsor business plans.
Prepare comprehensive quarterly and annual asset reviews.
Collaborate with the facility agent on reporting and address asset management queries.
Analyse development budgets, monitor project progress, and manage drawdown processes.
Recalculate and spread financial statements and covenants in line with LMA structured finance definitions.
Manage property and tenant-level data, including financial trends, credit ratings, and relevant ESG credentials.
Actively gather and review up-to-date market research in the relevant asset class and geographic locations.
Evaluate and prepare recommendations for client consent items on loan and real estate-related matters.
Review relevant items of real estate finance and provide recommendations.
Maintain the integrity of loan information within the loan asset management system.
Undertake special projects as required.
3-5 years' experience in the UK & European real estate finance sector, including terminology.
~ Familiarity with LMA structured finance.
~ Proficient in MS Excel and cash flow modeling.
~ Understanding of borrower or sponsor-level information (financial statements, corporate structure, etc.).
~ Knowledge of European languages (German, Dutch, Italian, French, or other) is an asset.

Degree level education or equivalent, with a minimum of three years' real estate finance experience; CAIA, CFA, or MRICS helpful but not essential.


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