Job Category: Structured Finance & Investment
Under the Pallas Group umbrella, we have two purpose-driven, ambitious brands inspired by a passion for excellence within the funds management and property industries.
Pallas Capital is a debt and equity fund manager specialising in the financing of Australian and New Zealand Commercial Real Estate. The business was established in direct response to the growing lack of credit in Australia's mid-range property market; a situation exacerbated by the shortage of reputable, risk-adverse, non-bank lenders.
Fortis our property development business, has a portfolio of more than $750 million in successfully completed residential and commercial projects, with a further $560 million to be completed by the end of the year.
Due to continued growth, Pallas Capital's Structured Finance and Investment team has an opportunity for an experienced Investment Manager.
Job DescriptionAbout the role The purpose of this role is to execute and manage funding strategies for real estate investment and development projects utilising a variety of senior debt, mezzanine debt and equity structures. This role works closely with the [senior members of Structured Finance Team], internal development teams (Fortis), internal Credit & Loan Management teams (Pallas Capital) and the Distribution Team. The role includes the ongoing portfolio management and reporting of Fortis's debt and equity positions .
Key Responsibilities: Construct funding tables and feasibility models for development projects; Prepare credit risk assessments or pitch documents (e.g. information memorandum) for real estate development and investment transactions for internal and external purposes to cover senior debt, mezzanine debt, preferred equity and ordinary equity; Structure financial models and provide recommendations to the Reporting Manager and/or CIO; Provide assistance to all phases of project funding, which include the competitive funding tenders, negotiation of transaction terms, property valuation, cost verification with quantity surveyor, legal documentation processes and management of post-settlement reporting; To prepare requests for loan condition amendments and extensions to internal and external funders; Leading the continuous improvement of processes, templates, tools and procedures; Managing compliance with loan covenants across the Fortis portfolio Managing investments and tracking individual investment and portfolio progress; Oversee portfolio reporting including timely and accurate investor and internal reports; and Assist the Reporting Manager with any due diligence requirements and/or credit processes for loans to be funded by Pallas Capital or any special projects from time to time. Represent Pallas Capital and Fortis at external events; Develop and maintain effective working relationships with internal and external partners and stakeholders such as valuers, lawyers, bank relationship managers, quantity surveyors and borrowers. Desired Skills and ExperienceAbout you Minimum of 5+ years' experience in real estate investment banking, debt advisory and/or direct property development experience as an analystExperience building, using and/or reviewing financial modelsExperience working in property funds managementExperience working with acquisition, development and fund modelsTertiary qualifications in in Commerce, Property Economics, Finance, Accounting or related discipline experienceCFA or post graduate Finance (desirable)Knowledge of property valuation principles, real estate finance structures for investment and development across the major asset classesWillingness to learn and grown within the real estate structured finance spaceProficient in excelStrong report writing and financial and credit analysis skillsAbility to read and interpret feasibilities, valuation reports and market informationAbility to project manage a real estate transaction from start to finish Strong time management skills with the ability to manage multiple tasks with competing priorities and deadlines Ability to see through to conclusion complex queriesExcellent communication, relationship, interpersonal and negotiating skills – internally and externallyAbility to build a profile in the marketThe people are entrepreneurial, the business is young and proving itself fast: it is a great time to join the group. Pallas is committed to growth and to involving high performers in the achievement of results. The role suits candidates with energy, ambition and technical capability. This is a real opportunity for someone to make an impact and show what they are capable of next. Importantly, we seek to make Pallas Group a great place to work. We care for our team inside and outside of work, and we provide a dynamic work environment where we work together collaboratively. Given our size, our people are given the opportunity to make a difference, own the work they do and grow their career as the business continues grow.
To Apply Please submit your application by clicking the 'Apply' button below and ensure you include your full CV.
#J-18808-Ljbffr
