Vice President, Equity - El Segundo, United States - Bellwether

Description

Overview

Key Responsibilities:

• Underwrite a variety of asset classes using Excelbased underwriting models, including complex cash flow, budget, IRR and fund/partnership waterfall modeling;
• Assist in the proactive monitoring and handson asset management of a portfolio of real estate equity investments throughout the US consisting of stabilized, valueadd and groundup development projects;
• Review and analyze business plans, construction budgets and schedules, propertyoperating performance and capital improvement projects;
• Review and monitor marketing and sales activity;
• Liaison with operating partners and leading members of the Acquisition Teams to review business plan execution and drive asset/portfolio performance;
• Develop and maintain detailed assetlevel cash flow reforecasting models;
• Guide asset management team in the maintenance of detailed models to monitor the performance of investments;
• Structure and implement various sensitivity analyzes and stress tests at the deallevel to help guide clients in difficult strategic decisions;
• Work cohesively with the Bellwether construction management team, partners and applicable third parties; and
• Demonstrate strong leadership abilities and effective management skills, with a desire to manage, mentor and develop team members.
• People Management Responsibilities
• Involved with staff selection, interviewing and training as needed;
• Oversee the daytoday workload and performance of direct reports, providing clear direction and support as needed to achieve work objectives;
• Ensure that direct reports understand their duties and delegated tasks;
• Monitor performance and development of direct reports and provide constructive and timely feedback and coaching;
• Work with direct reports to set individual goals and deadlines and conduct regular performance reviews aligned with performance review process; and
• Handle discipline of employees in accordance with company policy.

Professional Experience:

• A minimum 7 years' relevant experience;
• A minimum 3 years' experience in managing directly reporting employees;
• Asset management experience, including development and analysis of real estatebased financial models with a focus on land and groundup development;
• Strong experience negotiating PSAs, loan documents, JV agreements; and
• Mastery in Microsoft Excel, PowerPoint and ARGUS Enterprise.

Education/Certification:

• Bachelor's degree required
• CFA or MBA preferred

Essential Skills & Competencies:

-
Job Knowledge & Technical Ability:Experience with property underwriting and advanced financial modeling. Have a strong understanding of the fund-level metrics to help drive decision-making on the asset level. Have a strong understanding of macro-trends that could potentially impact investment-level decisions. Have strong reviewer skills when looking at Excel-based underwriting models, including complex cash flow, budget, IRR and fund/partnership waterfall modeling.
-
Initiative & Dependability: Ability to perform responsibilities independently and proactively, solve problems, and improve processes and/or services. Self-directed, takes initiative and responsibility, ensures completion of tasks.
-
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.
-
Leadership & Management: Ability to supervise and direct people and/or resources to meet department goals. Able to motivate people and plan/prioritize operations while responding to changing conditions. Able to cultivate and build relationships with team and clients. Proficiency in reviewing other people's work and providing constructive feedback.


Travel Requirements:

• Local and/or nationwide travel to assets and client sites required on an asneeded basis, approximately 12 times per month depending on deal list.

Position Details:

-
Classification:Exempt

-
Position Status:Regular / Full Time
-
Reports To:Principal or Managing Director

-
Direct Reports:Yes


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