Junior Asset Manager, Work Out Team Milano

Junior Asset Manager, Work Out Team
Milano
Lombardia, Milano

Direct message the job poster from BCMGlobal BCMGlobal, part of London headquartered LC Financial Holdings, is a leading independent operator in Europe in credit and asset management services. It operates in the Italian market through BCMGlobal Italy S. r. l , which has more than 25 years' experience in the industry and manages more than 2 billion assets on behalf of its clients (leading Private Equity firms, institutional investors, banks, financial intermediaries and corporate companies) through a team of highly qualified professionals. The company provides a wide range of services by managing different asset classes (secured and unsecured loans, consumer credit, residential mortgages, corporate and SME loans, and real estate assets). A description of our services can be found at the following link BCMGlobal Services. Overview: This role will be based in our Milan, Italy office and is a full-time, permanent position. Working within our Case Management team, you will be working on the NPL / UTP loans. The person will be part of a team responsible for the ongoing management of a portfolio of borrower connections, interfacing with Private Equity clients, and meeting their objectives and time frames. Responsibilities: Responsibility for borrower connections requiring effective and efficient management, ensuring that actions are in line with all relevant BCMGlobal and/or legislative policies (as well as Private Equity clients' requirements) in order to deliver agreed goals. Conduct due diligence on the loan portfolio and assist in formulating and recommending the optimal strategy for maximizing loan recovery. Proactive management of underlying assets securing loans, including implementation of strategies for debt recovery and ongoing management of secured assets in a timely fashion. Draft succinct credit applications for discussion and review with clients. Ability to determine optimal strategies with reference to underlying values and property market trends. Delivery of accurate and robust Management Information as required by our clients. Primary responsibility for the organisation of borrower meetings and act as point of contact for borrower, their advisors, and our clients. Support the Team Leader to negotiate complex contracts involving multiple third parties and lawyers a distinct advantage. Assist with any related Secondary Loan Sales Process from within the portfolio. Experience & Personal Attributes: University degree in Banking or Economics/Finance or Law. 2 years of relevant professional experience with a Private Equity client or NPL / UTP Servicer or Real Estate Asset Management preferable. Previous professional experience in credit analysis and associated loan documentation, coupled with a strong background in managing complex problem cases. Due diligence experience – ability to work with limited information to form strategies regarding borrower connections. Strong financial analysis skills with the ability to review, understand and interpret audited financial accounts, management accounts and financial forecasts. Effective communicator, influencer, and negotiator with an ability to communicate at all levels. Ability to work under pressure and meet tight deadlines. Experience of working in a client-facing role and of negotiating with distressed borrowers and their advisors. Demonstrate an organised approach to work, and an ability to prioritize to ensure critical tasks are delivered accurately and in a timely manner. Experience in working in a team-oriented and collaborative environment. Fluent in English and Italian essential (any other language would be considered as an asset). Proficiency in the use of Microsoft packages (with key focus on Excel ) with the ability to learn quickly other relevant systems. Additional Information: BCMGlobal Italy S. r. l promotes diversity and inclusion. This job advertisement is open to all genders and to people of all ages and nationalities, in accordance with Legislative Decrees 2015/03 and 2016/03. The personal data contained in CVs will be processed and stored exclusively for selection purposes, in compliance with Legislative Decree 196/2003 and subsequent amendments, and with Regulation (EU) 2016/679. You will be joining a team that works in a friendly, co-operative and supportive environment, as well as a company that will provide you with the opportunity to progress. If you are looking to take that next step in your career and are ready to work in a dynamic environment, alongside talented people who take pride in delivering great results, please submit your application with your CV here. Seniority level Associate Employment type Full-time Job function Finance J-18808-Ljbffr