Portfolio Manager - Real Estate Finance

Location: Greater London

At M&G, our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role.

The Role M&G’s Real Estate Finance team (“”) was established in 2009 and is part of M&G’s global Real Estate business.  one of Europe’s largest and most established non-bank commercial real estate debt providers, with on-the-ground expertise in both the UK and Europe, and has invested more than €16bn of capital since inception. personnel dedicated to the origination and execution of investments (“Investment team”), with others focused on loan servicing, asset management, investment support and internal and client reporting (“Portfolio Management team”).Key

duties of the team include available capital management, cost tracking, FX hedging, investor and internal reporting, overseeing capital calls, IPDs, loan repayments, distributions, investor and internal reporting, facility agent oversight, ongoing investment surveillance/portfolio management and tracking against investment objectives, reviewing borrower and covenant reporting, credit rating monitoring, assessing property and tenant related requests, and sponsor relationship management alongside the Investment team.

The successful candidate will report to, and work closely with, the team’s Portfolio Management & Investment Support Director, gaining exposure to all aspects of portfolio management, with responsibility for fund administration and reporting deliverables for key client accounts, as well as loan servicing and asset management matters in relation to investments within their allocation.

Key Responsibilities Key Client Account Reporting and Deliverables Ensuring timely and accurate reporting in respect of key client accounts, including preparation and oversight (as applicable) of monthly and quarterly fund reporting packages involving review of NAVs, capital statements, quarterly distribution calculations and management fee calculations.

Responsible for preparing and actioning ad hoc reporting requests received in respect of key client accounts.

Placing FX trades in respect of key client accounts and associated monitoring of variation margin and interest margin requirements.

Overseeing drawdowns and distributions in respect of key client accounts.

Providing support on annual audits and investor due diligence exercises undertaken in relation to key client account vehicles.

Asset Management Matters Working across all aspects of loan servicing and the ongoing monitoring and portfolio management of existing investments, involving day-to-day oversight of facility agents, credit rating monitoring, reviewing covenant and borrower reporting, assessing and responding to borrower and tenant requests received during the life of the loan, and tracking investment performance against objectives, working closely with the Portfolio Management Director and relevant Investment team lead where applicable.

Preparing loan and investment-level reporting data and materials needed for investor reporting packages or to fulfill internal reporting or committee requirements.

Supporting with the work-out…