Development Finance Underwriter

Winberg Associates
10 Apr 2018
08 May 2018
Contract Type
Full Time

Our client is a highly entrepreneurial and well-capitalised private equity firm based in Mayfair. They invest in pan-European senior and junior debt including development finance and large scale structured finance as well as direct real estate across all asset classes. They now have a new opening for a Development Finance Underwriter focused on the residential sector to work hand in hand with the MD and CIO. The role will include analysis, underwriting and execution of new business and post execution asset management.

About the role:

  • Originating, underwriting and on-going asset management of deals i.e. "cradle to grave" process
  • Analysis of debt opportunities at senior, junior and mezzanine level
  • In-depth creation of bespoke financial models to underwrite deals
  • Adapting models to monitor ongoing investment performance
  • Preparing investment memoranda and investment committee papers
  • Overseeing due diligence including liaising with legal partners and co-ordinating third party service providers
  • Reviewing due diligence
  • Deal execution and post execution management
  • Portfolio analysis

About you:

  • 7-10 years' in a real estate finance such as a bank, principle lender or similar
  • Proven track record in originating real estate finance deals
  • Extensive network of banks, developers and intermediaries
  • Good working knowledge of lending principles, property evaluation and analysis
  • Excellent modelling skills and a strong eye for detail
  • Demonstrable understanding of investment fundamentals (IRR, NPV, ROE)
  • Good understanding of credit risk
  • Ability to produce accurate, concise credit papers for review and approval
  • Strong communicator