Sr. Analyst / Associate - Investment Management
Apply NowCompany: Rialto Capital
Location: Santa Monica, CA 90405
Description:
KEY RESPONSIBILITIES:
SPECIFICATIONS:
While performing the duties of this job, the Associate is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop. The Associate must occasionally lift and/or move up to 25 pounds. Evening or weekend work may be necessary to meet deadlines.
This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties.
Rialto Capital is committed to the principles of Equal Employment Opportunity. Our policy is to provide equal employment opportunity to all applicants and Associates without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age (40+), disability, veteran status, genetic information (including family medical history), or any other legally protected status.
Our company uses E-Verify to confirm the employment eligibility of all newly hired employees.
To learn more about E-Verify, including your rights and responsibilities please visit: e-verify.gov.
- Build and maintain financial, valuation and sensitivity models for the existing portfolio of real estate assets and/or debt investments. Utilizing actuals and projections, model property and loan discounted cash flows utilizing Excel and Argus to determine NPV and IRR of existing investments.
- Direct preparation of quarterly business plans, including annual leasing strategies, operating budgets, capital improvement budgets, and monetization strategies. Ensure timely implementation and successful execution of approved plans.
- Model strategic hold/sell recommendations and assist with asset disposition process.
- Assist with the business plan execution, including coordination with and oversight of joint venture partners (where applicable), third-party leasing, and property management teams for assigned properties. Monitor performance of retained service providers and periodically benchmark performance against business plan and peer group assets in respective market areas.
- Assist team in the preparation of quarterly reports and quarterly valuations.
- Support the asset management team with capital improvement strategies for assigned properties, including vendor selection and contract negotiation for major and/or critical path projects, oversight of on-site third-party vendor activities, review and approval of progress payment applications, preparation and submission of draw requests, and processing or partial and final-lien releases.
- Periodic reporting as required by senior management, joint venture partners, lenders, and investor relations.
- Assist with due diligence process on new potential acquisitions, including legal, financial, and physical reviews.
SPECIFICATIONS:
- Bachelor's Degree from an accredited four-year university is required.
- 2-4 years of experience in institutional real estate asset management or acquisitions.
- Relevant commercial real estate analytical experience (multifamily, office, retail, and mixed-use) in acquisitions, asset/portfolio management and/or real estate finance.
- Advanced financial analysis, forecasting and modeling skills with the ability to translate analysis quickly into practical results.
- Knowledge base of key construction/development processes, concepts, and contracts.
- Ability to multi-task effectively in a fast-paced environment while prioritizing projects to ensure timely deliverables.
- Excellent communication & organization skills with the ability to present analyses and recommendations in verbal and/or written formats.
- Proficiency with Excel, Word, PowerPoint, and Argus.
While performing the duties of this job, the Associate is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop. The Associate must occasionally lift and/or move up to 25 pounds. Evening or weekend work may be necessary to meet deadlines.
This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties.
Rialto Capital is committed to the principles of Equal Employment Opportunity. Our policy is to provide equal employment opportunity to all applicants and Associates without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age (40+), disability, veteran status, genetic information (including family medical history), or any other legally protected status.
Our company uses E-Verify to confirm the employment eligibility of all newly hired employees.
To learn more about E-Verify, including your rights and responsibilities please visit: e-verify.gov.