Portfolio Manager (MREIF) at ARM Hold Co.

Job Summary

• The Portfolio Manager will work closely with the Head, Investments in overseeing and managing the investment strategy of a Real Estate Investment Fund. The Portfolio Manager will be responsible for supporting the implementation of strategies that maximize returns while managing risks effectively. The ideal candidate should have extensive experience in credit risk management, real estate finance, investment management, and a proven ability to work with high-performing investment teams in a complex and dynamic environment

Broad Functions

• Portfolio Management: Manage the relevant portfolios, ensuring alignment with the Fund’s investment strategy and risk management framework
• Credit Analysis: Perform detailed credit analysis on Eligible Financial Institutions (“EFIs”) 
• Risk Management: Identify, assess, and mitigate credit risks within the portfolio, ensuring compliance with regulatory requirements and internal risk policies
• Investment Recommendations: Provide investment recommendations, based on thorough research and analysis
• Monitoring: Continuously monitor the credit portfolio, ensuring compliance with the conditions of all facilities
• Collaboration: Collaborate with cross-functional teams, to ensure seamless execution of investment strategies
• Reporting: Prepare and present regular portfolio reports to the relevant stakeholders, highlighting portfolio performance, credit trends, and risk metrics

Specific Functions

Pre-Transaction Closure

• Ensuring alignment of the term sheet, credit paper and legal and security agreements to facility agreements.
• Managing / coordinating all conditions precedent fulfilment and sign-off process
• Origination and monitoring of loan repayment schedules in relevant systems
• Support in the review of facility documentation to evaluate transaction controls
• Assist with the due diligence process in terms of conditions precedent to drawdowns and subsequent drawdowns
• In conjunction with all relevant stakeholders, conduct a detailed review of due diligence reports, and any other reports related to the facilities
• In conjunction with the Risk Management team, prepare a comprehensive risk assessment and mitigation schedule in line with the Fund’s risk management framework for active mitigation pre-transaction closure and monitoring post-execution

Post-Transaction Closure

• Ensure that all facilities granted are adequately monitored and aligned with the on-lending conditions for mortgage creation
• Obtain relevant information on and understanding of credit conditions to be monitored (conditions precedent, waived conditions, and ongoing conditions)
• Ensure that all relevant facility documentation is received and lodged with the Custodian of the Fund
• Manage / provide support for collateral monitoring
• Maintain contact with the client representative to ensure that the required risk information is received in a timely manner
• Monitor and report on credit risk on a transaction, client and at portfolio level

Portfolio Management

• Oversee the management of the Fund’s investment portfolio, ensuring it is diversified, balanced, and aligned with the Fund’s risk appetite
• Monitor and evaluate the performance of individual investments and the overall portfolio, adjusting as necessary to optimize returns
• Conduct regular portfolio reviews and provide recommendations to the Fund Manager

Investment Analysis and Due Diligence

• Lead the investment analysis process, including financial modelling, market research, and risk assessment for potential investments.
• Conduct thorough due diligence on all investment opportunities, ensuring that they meet the Fund’s investment criteria and risk management standards.
• Present detailed investment proposals and recommendations to the Investment Committee and Board of Directors

Educational Requirements

• Bachelor’s degree in Finance, Economics, Business Administration, Real Estate, or a related field
• MBA or equivalent advanced degree preferred
• CFA or similar investment-related certification is highly desirable

Experience 

• Up to 10 years of experience in credit risk management, real estate finance, investment management, or a related field, with a strong focus on mortgages and construction finance
• Proven track record of managing large and complex investment portfolios, with demonstrated success in achieving strong risk-adjusted returns