Posted 5 days ago

Associate, Asset Management

DallasOn-siteFull-time

AI Summary

An Associate in Asset Management supports financial modeling, portfolio management, and investment lifecycle activities for debt and equity platforms, preparing analyses and presentations for senior management and investors.

About this role

Bellwether is a global advisory firm that helps businesses solve their most complex challenges and enhance enterprise value. We specialize in formulating and executing dynamic growth strategies through true partnership with our clients. Merging deep industry expertise, advanced analytical capabilities and best-in-class talent, we create value across the business lifecycle, from transaction management to operational transformation. Bellwether specializes in the management, analysis, and reporting of over $40 billion of AUM across a wide range of real estate related assets and corporate platforms in North America, Europe and Asia. Bellwether is privately held and has offices in Los Angeles, Newport Beach, London and Dallas.

Overview

The Associate, Asset Management role will be involved in asset management support for investments as well as portfolio management responsibilities for the firm’s debt and equity platforms. This role will provide support through the lifecycle of projects, which can be from pre-development to lease-up/stabilization. The equity portfolio is primarily focused on development projects located across the country and bridging product types including multifamily, student-housing, and mixed-use. The debt portfolio invests across senior, mezzanine and preferred equity investments, nationally, across all product types.

The firm is an established real estate investment platform headquartered in Dallas, Texas with over $4.4 billion AUM.

Key Responsibilities

Financial Modeling:

Create, modify, and maintain financial models to include property/project level financial projections, debt financing, JV waterfalls and complex ad hoc analyses (budgets, reforecasts, sensitivities etc.);
Asset Management:
- Support all efforts related to managing assets including return analysis, coordinating with JV partners, overseeing execution of business plans and supporting investor reporting;
- Investment Materials:
  - Support financial and investor reporting, and
  - Prepare and deliver presentations to senior management and investors;
  - Marketing/Client Group:
    - Support marketing related initiatives and requests to support platform growth;
    - Project Management and Capital Activity:
      - Track investment performance,
      - Analyze and understand real estate documents (leases, contracts, etc.), JV Agreements, and loan agreements, and
      - Review draws, process contributions/distributions and other capital activities.

Professional Experience

A minimum of 3 years’ relevant experience;

Asset Management, Development, or Acquisitions across major asset classes experience preferred; Client-facing experience preferred;

Experience with advanced financial modeling;

Mastery in Microsoft Excel, Word, PowerPoint and ARGUS Enterprise.

Education/Certification

Bachelor’s degree required

Essential Skills & Competencies

Bellwether seeks to hire entrepreneurial individuals who are highly motivated, mature and intelligent, with demonstrated excellence in prior endeavors. The successful candidate should have:

Job Knowledge & Technical Ability: Strong organizational skills and meticulous attention to detail. Strong research capabilities to find or generate data independently. Highly proficient in Excel, including the ability to create real estate financial models from scratch, Word, PowerPoint, and Argus. Strong analytical, quantitative and problem-solving skills, as well as written and verbal communication skills. Strong understanding of real estate sectors and fundamentals.

Initiative & Dependability: Ability to perform responsibilities independently and proactively in a fast-paced environment, solve problems, and improve processes and/or services. Self-directed, takes initiative and responsibility, ensures completion of tasks. Highly efficient, flexible and diligent enough to handle competing priorities and deadlines. Strong work ethic.

Communication: Excellent verbal and written communication skills; strong listening and interpersonal skills. Highly effective at preparing and presenting information.

Professionalism & Teamwork: Acts with honesty and integrity and maintains confidentiality, adheres to company policies. Promotes a collaborative and productive work environment. Demonstrates team building, support, and respect. Team oriented attitude with an ability to work with different functional groups

Travel Requirements

Local and/or nationwide travel to assets and client sites may be required as needed.

Position Details

Position Title: Associate, Asset Management

Classification: Exempt

Position Status: Regular, Full-Time

Reports To: Managing Director or Vice President, Asset Management

Direct Reports: No

Physical and Mental Demands

While performing the duties of this job, the employee is regularly required to stand, sit, and walk.

Must be able to sit at an office workstation for an extended period of time. May need to reach, stoop, or kneel to access items.

Must be able to talk, hear and use wrists, hands and/or fingers frequently and repetitively to operate a computer, telephone and other office productivity machinery.

Must frequently prepare or inspect documents, and convey details or important instructions or ideas accurately, loudly, or quickly.

Ability to work independently and prioritize duties to ensure timely completion. The ability to collaborate is also imperative.

Requires active listening, critical thinking, making decisions, time management, as well as administration skills.

Ability to interact in a courteous professional manner at all times.

Regular, predictable attendance is required.

The physical and mental demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

Work Environment

No hazardous or significantly unpleasant conditions (such as in a typical office).

Moderate noise (i.e., business office with computers, phones, printers and light traffic)

Indoor business office environment with windows; light foot traffic within work areas

The work environment characteristics described here are representative of those a teammate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.