The property sector has become so vast that it offers jobs to people from different backgrounds and educational qualifications. One can apply for property finance jobs in various categories for lucrative compensation packages. However, the salaries of various professionals in property finance are influenced by experience and qualification.
Property Finance Jobs: Career Options
Here are some career options in property finance jobs:
Vice President-Property Finance: This is among the top positions in property finance that require years of experience. This involves taking care of the financial problems associated with mergers and acquisitions, IPOs and recapitalizations. Candidates having a strong background in property investment banks, M&A advisory firms and large accountancy firms are given preference.
Corporate Banking Manager: This designation involves managing entire credit processes and ensuring complete support to the relationship managers. A corporate banking manager also looks after business development, people management and counter party management. S/he is responsible for reporting directly to the company’s director. The position entails in-depth understanding of various debt products and excellent corporate credit capabilities. Candidates with experience in property deals are sure to stand apart.
Property Banker: Widely sought after in the banking and property lending sectors, property bankers track all the credit transactions in a firm. Experience in finance will help you execute this job smoothly. A property banker is responsible for making property finance documentation. Those who work in large property lending banks handle covenant compliances, credit limit breaches and panel of solicitors. A property banker also approves property finance facilities to customers after checking their documents.
Property Credit Manager: This professional is responsible for underwriting, credit assessment, property portfolio management and credit quality maintenance. S/he keeps track of property credit applications and makes recommendations on them. A property credit manager passes credit applications up to the limit assigned to him/her. If you are seeking the post of a senior property credit manager, you need extensive experience in the field and sound judgment capabilities. This job requires a thorough understanding of the credit grading parameters and credit policy. Property credit managers are widely demanded in banking groups and property finance companies.
Property Junior Analyst: This is an entry level post in property finance jobs and entails managing diverse investment transactions. Candidates with excellent financial analysis skills can outperform others in the interview. Property companies and private equity groups extensively employ property junior analysts.