Real Estate Debt Asset Manager

Employer:             DWS Group

Title:                      Real Estate Debt Asset Manager - VP

Location:               New York

Job Code:              #LI-LV2 #LI-02

About DWS:

Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.

Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.

We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That’s why we are ‘Investors for a new now’.

As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future. And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.

This is your chance to invest in your future.

Read more about DWS and who we are here.

Role Details

As a/an Asset Manager, you will (be):

• Primary point of contact for borrowers overseeing the management and performance of Real Estate debt investments, ensuring alignment with loan documents and risk limits for various debt strategies.

• Executing on post-closing loan surveillance processes including monthly, quarterly, and annual reports, and analysis. Participate in periodic meetings with senior management providing material updates on performance.  

• Identifying and reporting on investment level risks in portfolios. Populating a Watch List and recommending changes to internal risk ratings.

• Working with the Head of Asset Management and Portfolio Manager(s) to assist in the development and implementation of risk mitigation strategies for challenged debt investments. 

• Assist with all loan modifications and/or workouts as applicable, performing analysis and preparing the Investment Committee approval memos, as applicable

• Performing (or managing completion) of all routine asset management tasks such as covenant monitoring, approvals, contractual extensions, fundings, releases and/or substitutions of collateral.

• Managing the closing transition process including confirmation of the investment set-up on internal systems as well as with third party service providers.   

• Assist with quarterly loan pricing process, ensuring vendors have the most up to date terms and performance information on each investment.

• Support client reporting activities by providing updates and reports on loan and collateral performance, as needed.

We are looking for: 

• Extensive experience of asset management across commercial Real Estate Debt covering a variety of debt instruments and complex holding structures.

• Proven track record of effectively managing real estate debt investments, identifying risk, and supporting mitigation strategies to achieve investment objectives.

• Excellent analytical skills, with the ability to interpret complex financial data and identify key drivers of investment performance.

• Strong management and communication skills, with the ability to influence stakeholders and drive results in a dynamic environment.

• Strong initiative and ability to work independently and exercise good judgement.

• Experience working with multiple parties, debt instruments and confident in addressing legal, tax, accounting, and financial issues within the commercial Real Estate sector

• Educated to degree level in a Finance related discipline from an accredited college or university (or equivalent) or an acceptable level of industry experience

License(s) required:

• N/A

What we’ll offer you:

At DWS we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves and it’s important to us that you enjoy coming to work - feeling healthy, happy and rewarded. At DWS, you’ll ha