Manager - Asset Management - Real Estate Vertical (2-5 yrs)
Profile : Manager - Asset Management
Educational Qualifications : CA / MBA / Or any other Post Graduation
Experience : 2 to 3 years of relevant experience in Real Estate,
Job Description :
- Preparation of Term sheet, Fee Letters, Information Memorandum, Investment Teaser, Investment Committee Note
- IRR Calculation
- Coordination with Due Diligence Agencies (Review DD Reports and capture points in IC Note), Debenture Trustee (Complete DT checklist items), Escrow Agents (Open Escrow Accounts and activate viewing rights and R&T (Generate ISIN for NCDs) Agents for Issuing Debentures
- Review and Execution of Transaction Documents and obtaining custody letter from Debenture Trustee
- Checking application forms and Preparing MIS for Investors
- Review and rectify executed documents in case of any error
- Checking credit/ debit amount in Escrow Account
- Handling Disbursement request by Developer and transferring funds from Escrow Accounts (sync with use of funds per DTD) and obtain relevant Invoices/receipts from Developer
- Escrow Account Reconciliation (Detailed information about inflows and outflows)
- Issuing Debenture Allotment Letters and confirming IRR start dates with Investors
- Preparing draft documents (Corporate Action Form, Beneficiary Details, Board Resolution and NSDL covering letter, obtain PAS-3) for Developer
- Issuance of Debentures with the help of R & T agent and obtain corporate action report
- Keep track on Financial Covenants (Condition Precedents and Condition Subsequent)
- Maintaining deal tracker for all the documents related to transaction
- Preparation of Interest Servicing statements (per latest Beneficiary Position statement) and ensure TDS payments for Debenture Holders
- Manage NOC request by Developer
- Preparing Investor update letter for debenture holders
- Responding to queries raised by Investors
- Calculating security cover and keep track on Business Plan performance
- Ensure regular Interest and Principal payments per DTD. In case of any deviation, intimating Developer and Debenture Trustee and take appropriate steps
- Business plan preparation and its analysis
- Ensure AIF2 compliance
- Understand Accounts and transaction
Essential skills :
- Good presentation skills
- Excellent Communication skills - written and verbal
- Able to learn new tasks and other matters pertaining to real estate finance
- Quick solution finding ability
This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.