Real Estate Assistant Fund Manager, Long Income - London, United Kingdom - PSD
Description
My Client is seeking to appoint an Assistant Fund Manager within the Long Income business to support the growth of the group's long income investing strategies.
It is essential for this role that the new AFM has worked in a real estate fund with a credit dimension, long income property who understands long lease properties and credit of payments. Ideally, already an assistant fund manager looking for a bigger fund (this one being 1bn)
The selected AFM must be able to run portfolio of assets, communicate with investors, write annual reports, meet with investors and talk to them about funds and to understand credit.
The key responsibilities will include managing alongside the Fund Manager and include:
• Overseeing fund performance and portfolio performance both financially and from a risk perspective.
• Preparing and presenting investor reporting and broader marketing materials and contributing more generally to fund / mandate investor presentations and reporting.
• Developing strong working relationship with long income fund and mandate investors and their advisors.
• Making presentations to prospective new investors, working with the Client Solutions and the broader executive team.
• Responsibilities more broadly will also from time to time as required include:
• Assisting in developing new fund/ mandates, business plans and models, setting goals for new funds/ mandates and how these will be achieved.
• Assessing other transactions across the wider long income business.
• Co-ordinating the production of additional fund and mandate reporting to investors and management.
• Ensuring that investment risk processes and procedures are documented and reviewed.
• Contributing to the development of the wider Long Income business.
The Long Income team currently has 18 full-time members, across origination, investment management and credit analysis and is supported by the wider team in relation to capital raising, asset management, fund administration and accounting. It is expected that the team will continue to grow to support the growth in committed capital and new investment strategies.
Skills, Experience and Qualifications
Skills, experience, and qualifications for the role will ideally include:
• A finance, banking, or chartered surveying qualification.
• 10 plus years' experience of real estate, real estate finance and/or corporate finance transactions, and ideally previous experience in a similar role within a fund management, financial institution, property company or advisory firm.
• Highly numerate, with analytical skills and broad financial literacy with investor reporting knowledge and experience.
• Good understanding of both the real estate and credit markets.
• Energetic, lateral thinker with an enquiring mind and a commercial approach.
• High degree of personal drive and motivation to succeed.
• Ability to learn quickly and keep abreast of developments.