Portfolio Manager- Real Estate

Role Description

The Wealth Management Portfolio Management team is a newly developed lending services (front office facing) aimed at supporting robust risk management, monitoring and analytics on the structured loan portfolio of the WM division, which offers bespoke lending solutions to High Net Worth / Ultra High Net Worth clients globally. The loan portfolio comprises loans secured against real estate (both residential and commercial), listed and unlisted shares, art, aircraft and other collateral types (physical or financial). The division also has a sizeable presence in the Private Capital Fund Financing industry with an active Capital Call Financing (Subscription Finance) and LP / GP financing business.

Integral to such a bespoke lending suite is ensuring high quality assessment, monitoring and maintenance of a sizeable book with complex collateral types. The Team Lead - Real Estate Intelligence Unit is responsible for managing an analyst and reporting team to the support the global real estate lending portfolio (including both Commercial Real Estate and Residential Real Estate) for WM division. This includes (i) Real Estate Analysis and collateral monitoring; (ii) valuation co-ordination; (iii) exposure reporting and analytics; (iv) Stress testing support.

The Head will have a strong Real Estate financing / analytical background who will ensure the teams is appropriate are appropriately staffed, trained and producing quality analytical support to the Lenders, as part of the credit submission / credit review process. The Head will also play a key role in managing the workflow and relationships with key global stakeholders, which will include Lenders/Structurers, Credit Risk Management (both on a BAU basis) as well as auditors / regulators where required. The candidate will report to the Head of PM Services Team (Mumbai).

Your key responsibilities

• Hire, train and oversee a specialist teams of Real Estate analysts to support preparation of credit submissions (initially focussing on post- deal close activities)
• Ensure quality control of analytical output and surveillance reporting (including valuation report reviews, property analysis, serviceability assessment, early warning reviews including via covenant tracking, among other functions) and meeting of processing KPIs
• Ensuring high quality MIS and processes are developed and maintained to support the Real Estate collateral monitoring process
• Ensure timely info is prepared for management as appropriate (including ad hoc reviews, regulatory enquiries and quarterly stress tests)
• Devise (alongside and in consultation with onshore Structuring/Industry SMEs) and maintain a structured training program as well as KODs for the REIU
• Work with IT / Developer stakeholders to drive continuous improvement of system backbone available to support Portfolio Management capabilities

Your skills and experience

• Highly numerate, degree qualified
• 7-10 years experience in Real Estate finance / loan servicing / investments / similar areas with deep expertise in Real Estate underwriting in an institutional banking environment
• Clear technical expertise in Commercial Real Estate risk assessment and financing
• Team leadership exposure in a technical and analytical context
• Experience in onshore/offshore service models and the ability to relationship manage a varied set of stakeholders
• Strong understanding of process and credit portfolio management in a regulatory environment faced by an international bank
• Experience in service team build-out a strong advantage