Underwriting Analyst

PSD have been mandated to help recruit for a new debt fund focused on Spain. The role is based in Madrid and will be lending to residential developers. The product will be 1^st & 2^nd charge Mezzanine and Bridge. The fund raise is in the closing stages and the business has hit their target of €300m. There is a distinct gap in the market and this business will be filling it shortly.

Responsibilities:

• Analysis and interpretation of development information, including financial models and supporting documents
• Analysis of client due diligence packs and third party research
• Development appraisals
• Full Financial modelling and cash flow analysis
• Supporting origination deal in the structuring and pricing of loans
• Assisting in the negotiation of legal documents
• Maintaining relationships with existing clients and professionals

The successful candidate will be fluent in Spanish both a conversational and professional level. You must have experience and knowledge of the real estate lending market in Spain and Portugal as well as residential development experience in, at least, Spain.