Financial Controller - Private Debt - CRE Loan Asset Management

Job Description

Financial Controller - Private Debt - CRE (Loan Asset Management) 22 Bishopsgate, London - Hybrid Permanent At AXA IM our purpose, to act for human progress by investing for what matters, is central to every action we take as a business. As a responsible asset manager, we actively invest for the long-term to help our clients, our people and the world to prosper. As a future Financial Controller - Private Debt - CRE, you will report to Head of FMCG Private Debt, and you will be part of AXA IM Real Assets. DISCOVER your opportunity AXA Investment Managers (AXA IM) is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European-based asset managers with approximately €830bn in assets undermanagement as of the end of September 2020. AXA IM employs 750+ investment professionals around the world and operates out of 15 investment centers. Given its growth prospects, the Commercial Real Estate & Infrastructure Fund Management Controlling Group team of AXA IM - Real Assets is looking for Financial Controller - Loan Asset Management (CRE) - to join either its London or Paris office. The team isa market leader in Commercial Real Estate debt with more than $24bn AuMs in Europe and US and a 15 years track record. We are looking for a dynamic, rigorous, motivated team-player to be part of our expanding fund management and controlling team. The candidatewould have previous experience in real estate debt such as in a real estate loan servicer or in a loan portfolio management team within a bank or a real estate debt fund. The role will focus on the Loan Asset Management of loans in Germany across different real estate asset classes and risk profile (core to value add / development financings). The candidate will follow the loans from closing through its entire life including restructurings, refinancings, extensions etc. You will be part of a team of more than 10 professionals interacting with the Fund Management team and other internal teams (client relationships and risk teams) and third parties (banks, borrowers, facility agents, legal advisors etc). The successful candidate will be required to adapt as the FMCG function evolves and to assist in the role-out of an ongoing systems/controls/processes upgrade in line with the growth of the platform. About AXA Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life Here at AXA we strive to lead the transformation of our industry. We are looking for talented individualswho come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things. In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers. What we offer We are proud to foster a high-performance culture, which means that we seek to recruit and retain people who are not only technically skilled but also globally-minded, innovative and able to leverage their unique perspectives and life experiences to supportour success as a company. AXA IM is committed to building an inclusive culture, valuing diversity and supporting the career progression of all employees. Loan Asset Management - You will monitor the performance and the evolution of Commercial Real Estate German Debt investments from origination until their repayment. The main tasks include: following up interest payments and nominal repayments, handling waiversfrom our borrowers in coordination with the Fund management team, review of the loans performance through tracking of key financial covenants (LTV, DSCR, Debt Yield), review of asset valuations, update of cash flows and tenancy schedules and monitoring ofoperational aspects of the assets being financed (such as capex programmes, ESG metrics). Main responsibilities are (but are not limited to):

• Be the FMCG entry point of both our Fund Management Team, Loan Facility Agencies, Risk and Borrowers on an allocated portfolio of real estate loans;
• Closings: guidelines check, validation of deal allocation, KYC preparation, ensuring payments /investments properly processed and received;
• IPDs: interests cashflows reconciliation, fees calculations (break costs, non-utilization fees, lake-whole fees), reimbursements/amortization follow ups;
• Covenants/waivers: Ensuring their reception as per legal documentation, analysis of convenants (alerting Fund Managers if need be), analysis of waivers as to enable Fund Managers to take further action; be in charge of the loan;
• Reconciliation of financial information (Simcorp Dimension) as to ensure the quality of the internally and externally shared data;
• Valuation: preparation of the valuation committee/loan review, valuation proposal to Fund Management (in light of waivers/covenants), preparation of minutes;
• Reconciliation and reportings;
• Service providers review.

Your ProfileSHARE your unique expertise We welcome different combinations of skills & experiences. Your skills and qualifications:

• Business schools, engineering schools or universities.
• Previous experiences in a financial institution will be appreciated (banks loan portfolio management teams, asset management company or loan service providers)
• Proven financial, analytical and organizational skills
• English (high proficiency required). German is a plus.
• Appetite for/knowledge of Loan documentation
• Appetite for/knowledge of the Real Estate Debt sector
• Team player, multi-tasking, rigorousness, desire and flexibility to learn and grow in a fast-paced environment and capacity for synthesizing and prioritizing
• Advanced skills in Excel/VBA. Knowledge of Simcorp Dimension is a plus but not a must have

We would love to know more about you. Lets connect! Send us your resume. About AXAThe AXA Group is a global leader in insurance and asset management, with 160,000 employees serving 105 million customers in 62 countries. We protect and advise our clients at every stage of their lives, offering products and services that meet their needs in the areas of insurance, personal protection, savings and asset management. Our mission