Assistant Asset Management Analyst - Hartford, United States - The Hartford

The Hartford

Verified Company

Hartford, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Assistant Asset Management Analyst - VZH8A3

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies.

Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

HIMCO (The Hartford Investment Management Company) is seeking an Assistant Real Estate Asset Management Analyst to assist in managing a variety of equity and debt assets as part of their $12 billion (plus) Private Real Estate Portfolio.

The Assistant Asset Management Analyst will be responsible for supporting a group of real estate assets, including both equity and debt investments.

They will collaborate closely with multiple internal functional areas, working in a dynamic and fast-paced environment.

This position is based in our Hartford, CT office on a full-time, but hybrid, work schedule (three days in the office, two days working remotely).

Responsibilities:

The Assistant Asset Management Analyst will work with team Asset Managers on a variety of real estate equity and debt assets. Property types in the portfolio generally include multifamily, industrial, office, retail, and selfstorage.
Debt asset management work will include tracking loan performance, analyzing key risk metrics on commercial mortgage loan assets, valuing debt collateral, and performing risk ratings for loans. Loans include fixed and floating rate debt structures. The Analyst will assist the Asset Managers to promptly address borrower requests and review any potential loan modifications.
Overall debt responsibilities will also include the management, risk evaluation, and review of Construction Loan draws.
Equity asset work will also include performing asset valuations and summaries, analyzing and managing annual budgets, and overseeing construction/renovation projects. The Analyst will also monitor rent rolls and upcoming lease expirations, review tenant credit, track operating expenses, and oversee capital expenditures.
The Analyst will work with the Closing team to help facilitate new loan and equity closings.
As a member of the Asset Management team, the Analyst will work collaboratively with other members of Private Real Estate to share ideas and best practices, as well as to assist in any department or companywide special projects as needed.

Qualifications:

A bachelor's degree or equivalent work experience is required. Coursework in Real Estate Investments, Finance, Accounting, Economics, and/or other Investment asset types is desired.
While not required, actual investmentrelated work experience (especially in Commercial Real Estate or a related field), including through an internship, is considered a plus.
General knowledge of the fundamentals of various Real Estate asset sectors is a plus (including apartments, industrial, office, retail assets).
General knowledge regarding a variety of major US geographic markets and/or use of or exposure to thirdparty research and online data sources is a plus.
A basic understanding of financial statements for propertylevel reporting, borrower financials, and tenant credit review would be a plus, including basic Real Estate Accounting exposure.
Strong written and verbal communication skills are required, as well as the ability to travel in the US as needed.
Proficiency in Excel, Word and other MS Office Suite products (such as PowerPoint) required. Exposure/experience in ARGUS valuation cash flow software a plus.

About the Firm:
Hartford Investment Management Company (HIMCO) is the asset management arm of The Hartford Financial Services Group, Inc. (The Hartford).

HIMCO is an insurance asset manager with over $100 billion in assets under management across the global fixed income, equity, and alternatives markets _(as of June 30, 2021)_.

The firm manages assets on behalf of The Hartford, as well as insurance, sub-advisory and other institutional clients.

As a condition of your employment for HIMCO, you will be required to affirm to HIMCO's Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings, and preclearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics Key Points. If you will be deemed to be a "Covered Associate" under HIMCO's Pay to Play Policy, you will also need to disclose all political contributions that you have given within the past 2 calendar years._
Equal Opportunity _Employer/Females/Minorities/Veterans/Disability/Sexual_ Orientation/Gender Identity or _Expression/Religion/Age_

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies require