Analyst - $73k-$83k profit sharing - Underwriting, Consulting, Lending, CMBS – Commercial Real Estate

Job Description

TITLE:

Analyst - $73k-$83k profit sharing - Underwriting, Consulting, Lending, CMBS – Commercial Real Estate

STATUS:

Full time contract to perm based in our business/business casual office on 5th Avenue at Bryant Park. Immediate hire new position created by company growth.

***  GET ME OUT OF THIS HOUSE/BORING OFFICE  *** 

Bored with stodgy old corporate culture and "this is how we do things" attitude?       Or are you WFH and missing your commute/workout/drinks in the park routine, ready to be dressed up and back in a bright, healthy, landscaped, fun office?

YOU ARE: an optimistic, health and wellness-focused, organized, responsible, clean desk, inbox zero, trustworthy, energetic, figure-it-out type of person who wants to grow a company and not just show up for a job you hate. At work you like to have variety, meritocracy, efficiency, responsibility, growth opportunities, fun - and if your good ideas help the company make a bunch of extra profit, then it would be nice if you could see some of that profit in your own bank account.

WE ARE: a small consulting shop providing perfectionist-level agile support on an hourly, project, or fixed-term basis to those who buy, sell, lend, or manage all types of commercial real estate located in the US.  We perform a range of services including underwriting, pipeline management, deal advisory, site inspections, comps research, pitch books, Excel modeling, etc. Supported strategies include debt and equity for construction, value-add, bridge, mezz, stretch senior, pref, LP, CMBS and distressed.  We review approximately 1,200 pipeline opportunities and complete 200 underwriting assignments each year. The majority of our time is focused on the middle market, with properties valued between $20MM-$150MM.

PLEASE HAVE:

• At least 2 years of underwriting experience (multifamily a must; plus any mix of hotel, office, retail, industrial), tested during the interview process via timed case study
• Very good to excellent writing, proofreading and grammar for credit memos, quote sheets, ASRs
• Excellent organizational skills to keep track of inbound deal files, outbound debt quotes, etc.
• Very good to excellent Excel skills (incl. keyboard shortcuts, charts, lookups, but not macros)
• Good PowerPoint (alignment, design) and PDF skills
• Driver’s license, ability to travel zero to a few days per month

The perfect candidate has SKILLS or INTEREST to learn some of these:

• Standardization:   Documenting process workflows, creating models, efficiency
• Management:   Directly train and mentor analysts, interns and remote support staff as we grow
• Business Growth:   Help to build the book of business by networking, identifying potential clients, recognizing when good clients need additional help
• Tech Focus:   Interest in the application of tech-based solutions, AI, and systems to scale output, increase quality, and deliver market-leading results
• Hiring:   Partner with Admin team to recruit and onboard additional analyst support
• Analytics:   Charts, graphs, Tableau, R, other tools to build data visualizations
• Personal Growth:   TED talks, reading, goals, education, meditation - whatever you're into

DAY-TO-DAY: Aspen is scaling up to meet demand from the acquisitions, bond issuance, equity raise and lending categories.  The Analyst’s typical workload will include underwriting several deals per week (running rent and sale comps, putting comps on the map, construction pipeline, P&L proforma, draw schedule, return waterfall, borrower financials), creating charts and tables for exhibits, creating offering materials, joining calls with clients, calling brokers to confirm rents, writing or proofreading a few deliverables per week (quote sheets, term sheets, credit memos), keeping control of deal Q&A activity, researching deals, and various ad-hoc driven by client requests. We have way more work than we can handle, so we’re in need of people who are self-motivated, love commercial real estate, and want to grow and make money.

---------------------------------------------------------------------

Aspen is offering robust COMPENSATION:

---------------------------------------------------------------------

• $72,800 base on a contract basis, with opportunity to convert to employee for the right fit, grow if you create growth, and work on projects you like and are good at
• Recognition (fame and fortune) for initiative, good ideas, creativity, and process improvement
• Strong commitment to health, fitness, low drama, enough sleep, organic, best self, goals
• Career growth, education, flexibility for personal matters, vacation time to rest and reset
• Work hard play hard – focus when you’re at work, don’t work/check email when you’re off
• No tolerance for rude clients, big egos, or poor treatment. Life is short, work with good people
• Modern office environment, snacks, espresso machine, HEPA air filtration, windows that open, abundance of green (ish) plants, standing desks, surfboards, Herman Miller, and dual screens
• Fun dinners and outings (ski, surf, sail, beach, spa, etc) to celebrate team success

HIRING PROCESS:  1) Collect candidates for a few weeks, 2) Video interviews for top 8-10 candidates in early October, 3) Timed case study and in-person interviews for top 4-5 candidates the following week, 4) Final interviews for top 2-3 candidates the following week, 5) Selection and offer by end of October

MVVC:

MISSION: To provide perfectionist-level consulting and peace of mind via team members that clients will wish they could steal.

VISION: To build teams of great people who inspire, support and push each other to deliver consistently unparalleled client experiences beyond what any competitor has ever offered to the commercial real estate industry, without being unhealthy, unstable jerks.

VALUES:

Perfection          Perfection over profit   

At Aspen we triple check, print, ask someone to review, and invest the time to make it perfect.

Diligence            Go the full mile for peace of mind             

We take every possible step on the path to eliminate uncertainty. We’re not done until we’re sure that there’s nothing else to find.

Health                You can't pour from an empty cup             

We prioritize fitness, healthy habits, and time off, just as we prioritize deadlines. We love positive creative energy in the office.

Specialization    Find your fit     

Play to your strengths. Each has strengths and weaknesses. Let’s reassign work that you don't like, aren't good at, or can't commit to doing perfectly.

Durability           Simple, strong, beautiful           

Complex systems and formulas always break. Make it simple and pretty.

Meritocracy       Best answer wins fame and fortune             

This is a meritocracy plain and simple.

Failure                Failure is mandatory    

Try new things, fail sometimes, log the failures, discuss, and grow forward.

Environment      Enjoy the journey         

You spend a big portion of your life on this work, this team, this office. Make it the place you want to be.

Evolution            Kaizen 

You have ideas about how we can improve - share them.

Safety                 No assh*les      

No egos, no bad clients, no tolerance for an unpleasant workplace.

Community        Pro bono for the earth’s future

Twice per year we donate time and analytics horsepower to our team's favored environmental non-profits and charities.

Ownership         Do the right thing         

What do you do when nobody will ever find out?  We take ownership, we take the long view, we take pride in our reputation.

CORE COMPETENCIES - Why do clients hire Aspen Analytics?

• Triple verified, trustworthy, values-driven people as a result of arduous recruiting
• Pay for what you use - no downtime, water cooler talk, or PTO on your invoice
• Perfection over profit - we invest the time to get it right
• Highly skilled specialists with mandatory continuing education
• We go the full mile for peace of mind - no more worrying about whether a job was thoroughly done
• No pressure - we don’t accept an assignment if we don’t think we can make you a satisfied repeat client