Associate Director, Listed Real Estate Analyst
Apply NowCompany: Cohen & Steers
Location: New York, NY 10025
Description:
Job Title: Associate Director, Listed Real Estate Analyst
Department: Investments - Listed Real Estate
Reports To: Portfolio Manager - Listed Real Estate
FLSA Code: Exempt
Estimated Salary: $170,000 - $200,000
Job Summary:
We are searching for an analyst on the Real Estate Investment Team to work as part of a collaborative group to produce investment recommendations for the US and Global Real Estate portfolios. The ideal candidate will have strong analytical, quantitative and critical thinking abilities in addition to superior communication skills. The candidate should be a self-starter with the ability to perform well autonomously, but also collaboratively, among the broader team. A demonstrable passion for securities analysis, real estate and the public markets are a must. Cohen & Steers is committed to an inclusive culture, valuing diversity in support of our people and clients.
Major Responsibilities/Activities:
Minimum Requirements:
Note: This job description reflects management's assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned. The job title or duties and responsibilities may be changed by the Company at any time.
Department: Investments - Listed Real Estate
Reports To: Portfolio Manager - Listed Real Estate
FLSA Code: Exempt
Estimated Salary: $170,000 - $200,000
Job Summary:
We are searching for an analyst on the Real Estate Investment Team to work as part of a collaborative group to produce investment recommendations for the US and Global Real Estate portfolios. The ideal candidate will have strong analytical, quantitative and critical thinking abilities in addition to superior communication skills. The candidate should be a self-starter with the ability to perform well autonomously, but also collaboratively, among the broader team. A demonstrable passion for securities analysis, real estate and the public markets are a must. Cohen & Steers is committed to an inclusive culture, valuing diversity in support of our people and clients.
Major Responsibilities/Activities:
- Make investment recommendations for stock and sector allocations within coverage universe for Cohen & Steers REIT portfolios
- Develop investment thesis and identify critical factors for each company and sector under coverage universe
- Serve as the main point of contact between Cohen & Steers and companies under coverage and manage relationship with covered companies
- Create and update quarterly earnings models, net asset value (NAVs) and dividend discount models (DDM)
- Conduct headquarters visits and property tours to better inform view of company as it relates to corporate strategy, governance, capital allocation, property portfolio quality and balance sheet, among other considerations
- Research secular and cyclical macro trends- facing sectors under coverage and maintain knowledge of ancillary industry verticals (i.e. retailers for mall landlords, large tech companies for data centers, etc.)
Minimum Requirements:
- Bachelor's degree and an MBA or CFA (preferred), with between 5-7 years of equity investment analyst experience within real estate or a related field (gaming, lodging, telecommunications infrastructure, etc.)
- A deep understanding of security analysis and accounting concepts is required
- Expertise with Microsoft Office Suite, particularly Excel; proficiency with Bloomberg, FactSet, programing skills would be a plus
- Demonstrated analytical and quantitative skills
- Demonstrates inclusive behaviors in support of a culture that values diverse perspectives
Note: This job description reflects management's assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned. The job title or duties and responsibilities may be changed by the Company at any time.