Senior Associate, Investment Operations & Asset Management

About the role

The Senior Associate, Investment Operations & Asset Management role sits in the Operations organization and focuses on commercial real estate transaction execution, coordination, reporting and asset management support, rather than investment origination or decision making. It reports to the Head of U.S. Operations and is based in New York, NY or Minneapolis, MN. The Senior Associate works closely with the front office commercial team and coordinates asset management of the team's investments.

Key responsibilities

• Asset management (50%): coordinate and project manage workstreams with third-party asset managers, track and report asset performance against underwriting and business plan metrics, liaise with property managers, brokers and service providers, prepare regular asset performance reports with variance analysis, and monitor borrower compliance with loan documentation and business plans
• Operational management (25%): support operational due diligence, coordinate closing processes, track and reconcile cash flows, budgets and funding requirements, set up and manage deal structures, and respond to queries on transactions throughout their life cycle
• Business partnering (25%): collaborate with the commercial team and external partners on investment memorandums, performance reporting and business and legal practices, and make judgement-based decisions on the operations function
• Manage legal, finance and tax tasks per transaction, coordinate with financing counterparties, and support the commercial team in maintaining detailed financial models including monthly valuations

Required profile

• Bachelor's degree in accounting, business, finance or a related field
• 5+ years of finance experience
• Demonstrated experience in or exposure to commercial real estate asset management or portfolio operations, preferably including underwriting, credit evaluation and third-party relationship management
• Knowledge of lending instruments, legal documents and structures
• Preferred: experience in alternative investment funds, public accounting or financial services, and audit and due diligence of external companies

Required skills

• Advanced Excel, including data modelling and analysis
• Strong analytical, problem-solving and communication skills
• Ability to work cross-functionally and to travel for site visits and portfolio company meetings