Financial Controller, Real Estate Debt

**Financial Controller**

Paris, France - Hybrid

Permanent Contract

At AXA IM our purpose, to act for human progress by investing for what matters, is central to every action we take as a business. As a responsible asset manager, we actively invest for the long-term to help our clients, our people and the world to prosper.

As a future Financial Controller, you will report to the Head of FMCG Private Debt, and you will be part of AXA IM Alts - Real Estate.

DISCOVER your opportunity

**AXA Investment Managers** (AXA IM) is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European-based asset managers with approximately €830bn in assets under management as of the end of September 2020. AXA IM employs 750+ investment professionals around the world and operates out of 15 investment centers.

The role will focus on the Loan Asset Management of loans in Europe across different real estate asset classes, geographies and risk profile (core to value add / development financings).

He/She will be part of a team of more than 10 professionnals interacting with the Fund Management team and other internal teams (client relationships and risk teams) and third parties (banks, borrowers, facility agents, legal advisors etc).

**About AXA**

Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things.

In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.

**What we offer**

We are proud to foster a high-performance culture, which means that we seek to recruit and retain people who are not only technically-skilled but also globally-minded, innovative and able to leverage their unique perspectives and life experiences to support our success as a company. AXA IM is committed to building an inclusive culture, valuing diversity and supporting the career progression of all employees.

Your role and responsibilities will include

Loan Asset Management - You will monitor the performance and the evolution of the Commercial Real Estate Debt investments from origination until their repayment. The main tasks include : following up interest payments, utilisation requests and repayments, handling consents, modifications, and waivers from our borrowers in coordination with the Fund management team, review of the loans’ performance through tracking of key financial covenants (LTV, LTC, DSCR, Debt Yield), review of asset valuations, update of cash flows and tenancy schedules and monitoring of operational aspects of the assets being financed (such as capex programmes, ESG metrics).

Main responsibilities are (but are not limited to):
Deal Execution and Asset Management
- Provide deal support, including financial analysis and execution of deal cashflows, create tailored cash-flows/valuation models to simulate various scenarios ;
- Monitor cash and manage cash distribution process ;
- Review capital call and distribution notices and cash allocation schedules ;
- Review property level reporting, budget, tenancy schedules, etc. from property managers and asset managers ;
- Liaise with deal team to ensure agreement of fundings / distributions ;
- Closings : guidelines check, validation of deal allocation, KYC preparation, ensuring payments / investments properly processed and received ;
- IPD Calculation, Covenant & Waiver analysis ;
- Review loan documentation including but not limited to drawdown, amortization, repayments and fees.

Portfolio Management
- Contribute to the valuation process, calculation of gross to net adjustments and preparation of valuation committee and Loan Reviews materials
- Support investment decision process by maintaining fund models, proving scenario/sensitivity analysis, key property and financial metrics and CRE Debt KPIs
- Support investment decision process with qualitative and quantitative fund data
- Investor/Client reportings and adhoc reports upon request
- Manage and keep the IT tools (incl. the new Asset Management tool) updated as to properly reflect portfolio composition but also proper reconciliation with service providers, liaise with a wide range of internal stakeholders and external service providers to ensure the quality and timely flow of financial data

**QUALIFICATIONS**

SHARE your unique expertise

We welcome different combinations of skills & experiences.

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