Senior Associate Portfolio Management

Job Description

• Provide Fund and asset-level forecasting, sensitivity and ad-hoc analysis including hold/sell analysis and income and appreciation forecasts.
• Assist in the management of Fund-level debt including lines of credit and levered feeders.
• Work closely with development and asset management to ensure capital draw projections, updated budgets, and project completion dates as well as updated leasing and financial projections are materially correct and is reflected in the quarterly valuations and incorporated in the Fund’s cash management and capacity forecasts.
• Assist with the Fund’s compliance requirements and ensure governing documents and investor side letter requirements are met. Including as it relates to new investor, acquisitions, dispositions, co-investments and re-occurring Fund level constraints including debt, development, and Fund Sponsor contributions.

• Assist in negotiation, coordination and execution of joint venture and other partnership agreements with operating partners including modeling waterfalls and promote crystallizations.
• Participate in the drafting and review of investment committee materials including impacts to fund performance and attributions.

• Coordinate with investment team, capital markets and operating partner on the placement of asset-level debt (construction or acquisition) prior to closing.
• Monitor and assist, where necessary, with development process including both internal and development partners.
• Coordinate with asset management to provide updated leasing and vetted financial projections and which incorporated in the quarterly valuations and in the Fund's cash management and capacity forecasts.
• Work closely with disposition team in review of offering materials, consolidation of diligence materials, drafting and review of disposition briefs, and monitor sales process.

• Assist in the coordination with legal counsel, along with USAA RE’s capital raising and investor relation departments, on the drafting, updating, revising Fund-level documents including the Fund’s LPA, PPM and investor slide letters.
• Assist in the development of all Fund materials relating to the reporting process, including flash and quarterly reports, investor updates, marketing decks and bespoke presentation materials. Draft speaking points for capital raising staff.
• Work closely with accounting and performance teams on the review of quarterly fund attribution reports and draft speaking points to Portfolio Manager.
• Work closely with investor reporting on investor messaging, investor and consultant questionnaires, and ad-hoc questions.
• Assist in obtaining approval of third-party asset managers and meeting compliance requirement of international feeder(s).
• Assist with any other Fund-related operational tasks and projects as they arise.
• Additional duties, as assigned.

• Bachelor’s degree in Finance, Accounting, Economics, or related business field. Master’s degree preferred.
• 5+ years of work experience in institutional private equity real estate. Retail experience is a plus.
• Strong business writing and presentations skills.
• Proficiency with Microsoft Office Suite and Argus.
• Excellent interpersonal skills for a multi-department team-oriented environment.
• Extreme attention to detail and follow-though including ability to deliver a wide variety of tasks on a timely basis.
• Excellent analytical skills.
• Excel in a fast-paced environment where extended hours may be necessary.
• Must be willing to work on-site full time.
• Qualifications may warrant placement in different job title.