💵Up to £80,000 📍London - Hybrid working (4 days in the office, 1 day working from home)
Candidates will need banking experience in commercial real estate lending, with strong financial modelling and credit analysis skills
An established international bank is looking for a Credit Analyst (Commercial Real Estate) to join its Corporate Banking team in London. Reporting to the Head of Corporate Banking, you will support the Relationship Managers in the evaluation, structuring, execution and ongoing management of real estate loans. You will work across the full life of a loan, from early analysis and credit applications through to drawdown, monitoring and redemption. You will build financial models, test deals against a range of scenarios and help provide a first-class service to property customers.
✅Key Responsibilities of the Credit Analyst (Commercial Real Estate) to include:
- Financial Modelling: build and maintain detailed models for real estate assets, portfolios and transactions, covering acquisition, refinancing and development scenarios.
- Credit Analysis: analyse property cash flows, valuations, leverage and debt service capacity, and prepare debt sizing, LTV, LTC, debt yield and interest cover metrics.
- Structuring: evaluate financing structures, including senior debt, development finance and bridge facilities.
- Scenario Testing: run sensitivity and scenario analysis on interest rates, occupancy, rents, valuations, operating costs and exit assumptions.
- Credit and Documentation: assist the Relationship Managers with credit applications, heads of terms and facility letters.
- Due Diligence: manage financial analysis and due diligence on acquisitions, refinancings and other property-level transactions.
- Monitoring: track financial and non-financial covenants, interest cover, maturities and performance against underwriting, report breaches and chase outstanding conditions and annual financial statements.
- Execution: support drawdowns and redemptions, working with the Loans Admin team, valuers, monitoring surveyors, solicitors and brokers.
- Reporting and Pipeline: update the property pipeline daily and produce regular management reporting on the portfolio and key financial risks.
- Market Insight: research real estate debt markets, lender appetite, pricing trends and wider economic factors affecting financing decisions.
- Client Support: attend meetings and customer visits with the Relationship Managers to build the bank's knowledge of existing and prospective clients.
- Compliance: maintain full compliance with the bank's policies, procedures and regulatory obligations, including AML and customer due diligence.
🎯Requirements for the successful Credit Analyst (Commercial Real Estate):
- Around two years of experience in a bank, working in commercial real estate lending or credit analysis.
- Good understanding of the commercial property market and how property is financed.
- Experience across the whole loan lifecycle, from origination and credit through to drawdown, monitoring and redemption.
- Strong financial modelling skills in Excel and a solid grasp of credit metrics such as LTV, LTC, debt yield and interest cover.
- Able to analyse financial statements and asset and liability statements.
- Experience supporting a Relationship Management team, ideally in a property or corporate banking environment.
- Strong attention to detail, with a careful approach to accuracy and controls.
- Clear written and verbal communication, with confidence working alongside brokers, valuers, solicitors and customers.
- Well organised, able to manage competing priorities and meet deadlines.
This vacancy is being advertised by Montpellier Resourcing Associates Limited. The services advertised by Montpellier Resourcing Associates Limited are those of an Employment Agency.