Debt AM Interview
What are some “must know” things for an interview for a debt asset management role? I assume understanding metrics like DCSR, LTV etc and loan docs/covenants etc. what else is important?
Trending Content - Real Estate Forum
| +47 | What Is Your Backup Plan? | 21 | 12h |
| +39 | Where are free agents signing? | 21 | 2d |
| +36 | AvalonBay Equity Residential Merger discussion | 16 | 1d |
| +34 | Future of Real Estate | 9 | 2d |
| +28 | Extremely Slow Ramp Up | 5 | 23h |
| +17 | Most Correct Way to Grow Rents in MF Development Underwriting | 1 | 21h |
| +16 | In RE, what is the ONE software tool you couldn’t survive without? | 6 | 22h |
| +14 | CRE Banking @ Top 3 Bank or Asset Management at Public REIT | 9 | 54m |
| +10 | Dynex | 5 | 2d |
| +9 | PGIM investment analyst low pay | 8 | 1d |
Career Resources
Dont do debt AM.
Troll post. Debt AM is a top role. Look at Bellwether exit ops
Why
Fundamentals of credit analysis, accounting to understand reconciliations with covenant certificates and the impact of waivers, credit ratings
What kind of shop is it?
Top 10 bank in US. they do balance sheet lending, agency lending etc.
Credit metrics like dscr/dy are important, but most of the bank jobs in debt AM are about reporting/surveillance and covenant management.
I would be looking for someone detail oriented, organized, personable and willing to learn. I would be less concerned about hard modeling skills, but it would be a big bonus if you have them.
Over the long term, it would be about establishing relationships with the groups that make lending work - legal, compliance, risk, servicing, accounting, etc., being exposed to default/NPL/workout scenarios.
If you transitioned to a high yield shop it would be more about exposure to value-add/opportunistic business plans, how back leverage works and heavier surveillance/workout situations.
Qui et pariatur provident ipsum dolor minus magni saepe. Optio doloremque at cum placeat et debitis blanditiis. Officia aut sunt voluptas tempore. Minus aut natus cumque commodi. Accusamus magni consequatur laboriosam neque dignissimos quibusdam suscipit.
Reiciendis sunt iure omnis et delectus. At quia nihil ex laboriosam sed nam. Nisi consequuntur odit deserunt magnam dolores eos quaerat quaerat. Eaque molestiae sit dignissimos et esse. Impedit laboriosam eos exercitationem quis. Odio omnis beatae voluptate voluptas fugit cum. Quos sequi ipsa laborum atque et.
Voluptatum ut expedita odit animi id nostrum cumque et. Qui quaerat autem alias. Quia sit vel aut sed. Suscipit quaerat sed corrupti velit nemo vel nihil. Omnis vero quia vero aliquid. Et aut a saepe ab harum error.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...