Associate

JOB DESCRIPTION:

The Associate will analyze and support all aspects of the platform, including origination, underwriting, and asset management. Based at the Company’s Headquarters in Midtown Manhattan, specific responsibilities will include the following:

ESSENTIAL DUTIES:

• Analyze potential opportunities to determine investment potential.
• Produce detailed financial models using Excel and ARGUS. 
• Conduct due diligence through site visits and studying development budgets, sponsor/guarantor credit profiles, KYC reports, property valuations, market information, third party reports and financial statements.
• Prepare investment committee packages and assist in the presentation of transactions to investment committee.
• Support the management of the deal pipeline.
• Research and analyze markets and submarkets to ascertain underwriting assumptions and comparable data.
• Assist management in continuous monitoring of overall portfolio and credit risk.
• Develop and maintain relationships with mortgage bankers, real estate brokers, developers and investors.

SKILLS, EDUCATION AND EXPERIENCE:

• Bachelor's degree required with a concentration in real estate, finance, business, accounting, or related field.
• 3+ years of relevant professional experience within a real estate lending platform, investment bank, institutional real estate fund, or an institutionally backed sponsor.
• Outstanding proficiency in creating complex financial models for real estate financial analysis using Excel, including knowledge of advanced Excel functions. ARGUS proficiency is preferred, but not required.
• Strong analytical, quantitative, and communication skills. Must be able to demonstrate strong understanding of financial statements, use of comparative data and financial forecasting.
• Ability to work in a challenging, fast paced environment and handle multiple projects at the same time. Accuracy and attention to detail is critical.
• Willing to question assumptions and demonstrates a passion for continuing education.
• Must work well as part of a team and take ownership in projects.

Salary Range Language

The expected base salary for this position ranges from $130,000 to $135,000 annually.  The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held.  In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement plan with employer matching), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

Working Conditions: Normal working conditions with the absence of disagreeable elements.

Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark is an Equal Opportunity/Affirmative Action employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law