Asset Management Associate

What it's about

 

In this position, you will be part of a dynamic and growing global real estate asset management team within a large, established investment platform.  Your responsibilities will include working closely with team members and local operating partners to drive real estate investment performance.

 

Responsibilities

• Drive asset investment performance from acquisition through divestment working in conjunction with senior asset managers, local operating partners, leasing/sales agents, and technical consultants
• Evaluate financial implications of major decisions, including major leases, debt terms, CapEx scope/budget changes, hold/sell/refinance and write recommendation memo for presentation to Investment Committee
• Perform periodic reforecast and re-underwrite of each investment using Excel and Argus
• Evaluate and execute annual business plans, including value creation initiatives, operating budgets and exit strategy
• Review monthly and quarterly financial results against budget and make recommendations to improve investment performance

 

What we expect

For this position, we are looking for a person who works well in an entrepreneurial organization, who is a self-starter and possesses strong communication, networking and organizational skills. The successful candidate should have the following profile:

 

• Bachelor's degree from a top-tier university with coursework emphasis on real estate, finance, economics, accounting or similar subject preferred
• At least 3-5 years of relevant industry experience preferably at a real estate operator/developer, REIT, or brokerage
• Excellent quantitative skills: preferably with experience building real estate valuation models and distribution waterfalls
• Excellent understanding of return matrix (IRR, equity multiple, cash yield, YOC, etc.), cash flow pro forma models and distribution waterfalls
• Advanced skills in Microsoft Excel and ARGUS
• Good organizational skills and ability to prioritize tasks, meet deadlines, and work in a team-oriented environment
• Travel may be required

 

What we offer

 

Partners Group is a global financial institution that retains the culture, pace and agility of a start-up. As a growing firm, we are committed to attracting, developing and retaining the very best talent, by offering a workplace where results are truly recognized and rewarded.  We provide:

 

• Exposure to diverse asset types (including residential, industrial, hospitality, senior housing, retail, and office properties)

• Exposure to majority equity investments with a focus on value added and opportunistic (including development) investments

• Professional, international working environment

• Challenging, rewarding career within a growing company

• Collaborative environment, with on-the-job training and mentorship opportunities

• 401k (Roth and pre-tax options) with company match

• 25 vacation days and 12 holidays annually

• One-month sabbatical after every five years of service

• Education assistance program

• Lunch stipend

• Frequent office and team events, including volunteer opportunities to connect with and help our local communities

• Company paid life and disability insu