Asset Management Analyst - Arlington, United States - TruAmerica Multifamily

Description

About TruAmerica

Founded in July 2013, TruAmerica Multifamily is a partnership between industry veteran Robert E. Hart and The Guardian Life Insurance Company of America. The company is based on the premise that tremendous upside potential remains in mid-tier apartment communities that can be unlocked through tailored renovation, repositioning strategies, and focused management. TruAmerica Multifamily is a privately held, fully integrated, real estate investment firm that invests in apartment communities located in primary and secondary markets throughout the country. We continue to grow by selectively acquiring, redeveloping and effectively managing multifamily properties. TruAmerica has grown to become a Top 25 apartment owner in the United States, according to the National Multifamily Housing Council (NMHC) and is the youngest manager in the NMHC Top 50. Today TruAmerica has over 60,000 units in 25 high growth markets and approximately $16 billion of assets under management.

Tasks and Responsibilities

Underwriting and Due Diligence

• Underwrite potential multifamily acquisitions by analyzing historical financial statements and performing market research and analysis.
• Coordinate due diligence efforts with third parties and consultants. Review and analyze due diligence results and compare results to transaction underwriting.

Investment Summaries and Reports

• Create and prepare investment summaries and presentations.
• Assist in preparation of quarterly reports and participate in the research, design and creation of new reports as needed.

Asset Management

• Assist with Asset Management reporting and ad hoc analysis

Qualifications

• Currently enrolled at a top tier MBA program
• Prior business experience at a real estate investment firm, real estate brokerage firm, commercial mortgage banking firm, financial institution, or accounting firm, either through full-time work or internship(s) preferred. Candidates with strong backgrounds in other areas will also be considered.
• Superior Excel, financial modeling, and PowerPoint skills are a must.
• Strong quantitative and analytical skills
• Familiarity with financial models that include complex financial and waterfall analysis.
• Attention to detail and a desire to produce the highest quality work product.
• Superior organizational skills and the ability to manage multiple complex and diversified work-streams in a fast-paced environment.
• A flexible team player who takes initiative and is dedicated, hard-working, resourceful, and has an ability to work in a collaborative environment.

Physical Demands

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

• Ability to sit for up to 10 hours per day
• Ability to move freely around the office for up to 10 hours per day
• Ability to communicate verbally and in writing

Compensation Range

The hourly range for the role is $20 an hour.

Equal Opportunity Employer

• TruAmerica Multifamily is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
• This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and internships. TruAmerica Multifamily makes hiring decisions based solely on qualifications, merit, and business needs at the time.

Contact

• No Recruiters Please...
• Do not contact the job poster of this advertisement. If your skills are a match, the hiring manager will reach out based on your resume.

Objective

The Asset Management Analyst will be part of a team and assist with overseeing all aspects of a multi-family portfolio on the East Coast.

Tasks and Responsibilities

• Reviews various industry standard reports identifying trends and providing strategic recommendations to field Asset Managers.
• Review and generate weekly, monthly and or quarterly reports monitoring performance via a host of available analytical tools, etc.
• Assist with the development, analysis and successful execution of operating budgets, capital investment plans, leasing/marketing plans, cost control strategies, risk management strategies, and other significant operational items with the goal of increasing and maximizing value.
• Assist with the management of various construction/rehab projects.
• Assist with Due Diligence to support property acquisitions and/or dispositions.
• Various other job duties that the Director of Asset Management may deem necessary for the portfolio.

Abilities

• Excellent communication skills, verbal, written, and interpersonal.
• Highly organized self-starter with the ability to take direction and follow-through.
• Ability to apply best practices to facilitate successful completion of projects.
• Sense of urgency, comfort with ambiguity, drive for results, and ability to remain true to the company's brand and image.
• Proficient with spreadsheets and other business software such as Microsoft Excel & Word.

Qualifications

• Seeking an undergraduate or graduate degree with an emphasis in Business and/or Real Estate
• 1-4 years relevant experience; experience with multifamily real estate preferred but not required.
• Must be proficient in MS Excel, PowerPoint, and Word. Advanced Excel skills preferred.
• Previous exposure in real estate analytics and business intelligence platforms preferred but not required.

Physical Demands

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

• Ability to sit for up to 10 hours per day.
• Ability to move freely around the office for up to 10 hours per day.
• Ability to communicate verbally and in writing.
• Ability to travel occasionally to properties when needed.

Compensation

The salary range for this position is $80,000 to $85,000.00 with the opportunity for a discretionary bonus at or around 20% of the base salary.

Equal Opportunity Employer

• TruAmerica Multifamily is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
• This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and internships. TruAmerica Multifamily makes hiring decisions based solely on qualifications, merit, and business needs at the time.

Contact

• No Recruiters Please...
• Do not contact the job poster of this advertisement. If your skills are a match, the hiring manager will reach out based on your resume.