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Associate, Asset Management

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Philadelphia
 PA
Postal Code
19104
Country
United States

This job is no longer active.

Description


The position works closely with and reports to the Chief Operating Officer, and will involve work on various aspects of asset/portfolio management including:

  • Aggregates and manipulates property and portfolio level data to provide important business intelligence to our senior management team, or coordinates and oversees the preparation of such data and reporting including:
    • Property, fund and portfolio level occupancy schedules.
    • Property and fund level loan to value metrics
    • Property level cash flow analysis and fund level liquidity analysis
    • Fund level return promote and sensitivity analyses.
    • Other reporting as warranted.
  • Manages the quarterly valuation process including:
    • Participating in and assisting the COO in quarterly asset management review meetings
    • Aggregation of valuation models into Fund level and corporate level “roll-ups”
    • High level review of valuation models for accuracy and consistency
    • Communicating guidance on portfolio wide model adjustments
    • Coordination of property level working capital with accounting and analysts/associates
    • Presenting and leading discussion of valuations at Valuation Committee Meetings
  • Utilizes property valuations to prepare analyses of various portfolio or corporate level transactions and participates with senior management in formulating and executing strategy including coordinating with and directing third party brokers/consultants and engaging in discussion/negotiations with counterparties.
  • Prepares or oversees the preparation of quarterly, and other ad hoc reporting, for investors, including coordination and preparation of quarterly investor letter/financial statement package.
  • Provides track record and Fund returns/performance data for fundraising and investor reporting, and otherwise assists in responding to property valuation/fund performance related inquiries.
  • Participates with COO in certain property level meetings/decisions, particularly those that relate to issues impacting property performance/valuation.
  • Manages the firm’s usage of and relationship with VTS as well as other 3rd party and internally developed software tools to facilitate various aspects of asset management.  Explores opportunities to use VTS and similar tools to improve the firm’s asset management, valuation and reporting processes.

Advanced experience with Excel and financial modelling is a must, as are written and oral communication skills.  Undergraduate degree in finance, real estate, mathematics or similar fields are preferred.  Master’s degree from a top institution a plus.

 

Job Sector


 

Experience


2+ to 5 years


This job is no longer active.

Asset / Portfolio Management Office Philadelphia Full Time PA Asset Management, Finance, Investment Management Asset Manager other