Axa Investment Managers
LINK: www.axa-im.com
AXA Investment Mangers is part of AXA IM – Real Assets and has been a leading Real Assets manager for over 30 years. AXA IM – Real Assets has approximately €105 billion in assets under management and is the #1 ranked real estate manager in Europe1 and the #5 ranked real estate manager worldwide1. The position described above falls within the AXA IM – Real Assets US Commercial Real Estate Debt Platform, which manages approximately $10.4 billion as of December 31, 2020.
POSITION:
The US CRE Debt Group is responsible for originating and managing privately-placed commercial real estate debt (commercial mortgages, mezzanine loans, and B-notes) on behalf of its clients. The position will focus on financial modeling and analysis, asset valuation, asset and market due diligence, assisting in the preparation of client recommendations and other special projects.
Key Accountabilities:
- Assist senior personnel in analysing and underwriting new loan opportunities and refinances of existing loans.
- Review and understand underlying loan documentation.
- Review and understand underlying tenant leases, ground leases, easements and other documentation that impacts property cash flow and value.
- Prepare drafts of investment recommendations/ loan summary reports for senior personnel review which include a collateral summary, loan terms summary, property condition review, market analysis, overview of tenancy, summary of sponsorship, underwriting of loan collateral, notable investment risks and expected performance of the loan.
- Process borrower requests and prepare case recommendations for senior personnel review, including requests for loan modifications, loan assumptions, easements, casualty and condemnation awards, future advances, reserve disbursements, construction draws, lease and SNDA reviews, partial releases, property manager changes, and loan payoffs.
- Interface with Brokers and Borrowers to monitor loan status and manage and update a pipeline report detailing status of active requests.
- Monitor assets identified as high risk/low rated, provide a monthly updated summary of property financial performance, market performance, and expected outcome/resolution for assets including any projected losses.
- Review property and guarantor financials and prepare summary reports for senior personnel review.
- Conduct physical inspections of loan collateral and prepare inspection reports.
- Prepare ad hoc analyses at the direction of senior personnel.
Education/Qualifications:
- Bachelor of arts, science, or Bachelor of Business Administration. Course work in economics, business administration, finance, accounting, urban planning, mathematics and real estate are all beneficial
Experience:
- 0 to 3 years of related finance and real estate experience.
Knowledge and Skills:
- Strong written and oral communication skills
- Strong quantitative and analytical skills
- Computer skills necessary to perform the job include a working knowledge of Microsoft Office, Excel, Word, PowerPoint and experience with Argus.
- 10%-20% travel may be required.
Competencies:
- Ability to multi-task
- Must be able to work independently
- Ability to work in a team environment
- Strong interpersonal skills
- Results oriented with the ability to adapt to a changing environment
CONTACT: Rene’ Jabbary, rene.jabbary@axa-im.com