Manager of Loan Management - Melbourne, Australia - Pallas Capital Pty.

Description

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 Credit team has an opportunity for an experienced Manager of Loan Management.

Job Description

About the role

The purpose of the Manager of Loan Management role is to lead the loan management team in all facets of the existing and growing Pallas Capital Loan Portfolio from initial settlement to full repayment.

Key Responsibilities:

• Liaising with Credit Team, confirming calculation of figures for settlement and arranging settlement funding with the Finance Team and /or Trust Management Team
• Managing loan settlement and issuing of settlement letters
• Capturing and monitoring loan conditions
• Liaising with Credit and Origination regarding loan variations and extensions and loan reviews/watch lists and discharges.
• Managing general enquires with Borrowers
• Arrears management and support to the credit team to manage any default andrecovery action.
• Implementation and ongoing review and management of external Loan Servicing provider, verifying, and ensuring accurate data integrity, collections, and reporting.
• Ensuring data integrity of all loan data in the systems.
• Evaluating business processes in loan management, anticipating requirements, uncovering areas for improvement, and developing and implementing solutions.
• Providing input into audit and DDQ processes.
• Ongoing collaboration with Credit , Operations, and Finance Team and the wider business.
• Recruitment and training of team
• Ongoing coaching and mentoring
• Reviewing performance

Desired Skills and Experience

About you

• Tertiary qualifications in finance or equivalent
• Strong understanding of commercial finance, including real estate credit
• Advanced knowledge of Microsoft Excel
• Minimum 5 years' in a loan management or portfolio management role
• Previous experience in non-bank or bank role, specific to commercial real estate finance

The 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.