Associate Asset Management Real Estate Equity
Manulife Investment Management
Boston, MA
Salary Estimate: $125,000.00 - $149,999.00
Employment Type: Full Time
Work Place: Hybrid
Experience Required: 5+ to 7 years
Education Required: 4 Year College
Job Description
Position Responsibilities:
- Provide financial analysis and support for asset-level decision-making and transactions
- Conduct quantitative and qualitative analyses and reporting across the region’s portfolio, delivering forward-thinking analysis to support decision-making and strategy
- Conduct and/or support analysis for evaluation of leasing opportunities, capital projects, tenant credit and dispositions and refinancings. Develop and present findings for Senior Management, Portfolio Managers and Investment Committee
- Assist with acquisitions and dispositions when applicable
- Play an integral role in identifying market trends and extracting insights for the regional portfolio, contributing to market commentary produced by regional Asset Managers. Present and review with Senior Management and Portfolio Managers as required
- Review and validate Yardi quarterly financials/operating statements and variance reports. Understand cash flow requirements and distribution analysis
- Support ongoing loan compliance and credit/security monitoring activities Support asset-level business plans and valuation models.
- Support Asset Manager coordination, production, and presentation of annual business plans to Senior Management and Portfolio Managers.
- Build and maintain quarterly Argus models and support hold vs. sell analyses conducted by regional Asset Managers. Undertake model audits, quality assurance reviews, and support best practices compliance
- Coordinate appraisal review and commentary by regional Asset Managers and conduct variance analysis to external appraisals
- Support Asset Manager in oversite of leasing, property management, and capital projects.
- Manage the collaboration with leasing brokers, including the review of LOIs, leasing documents, and outside broker listing agreements
- Review and selectively audit asset-level financial reporting submitted from Property Managers, including capital commitment forecasts, expense recovery calculations, and funding projections. Oversee timeliness of Yardi financial and accounting information submitted from Property Managers
- Handles special projects and ad-hoc analyses as assigned.
- Works with MIM business leaders to communicate effectively both internally and externally
- Serves as a mentor to analysts and contributes to a positive team culture.
- BA required, preferably in finance, accounting, real estate finance or business administration, or sufficient work experience. MBA or Master’s Degree with concentration in Commercial Real Estate is preferred
- 4+ years of relevant experience required
- In-depth knowledge of real estate investment, asset management, accounting and administration concepts
- Ability to integrate top-down and bottom-up perspectives into investment recommendations
- Capable of managing competing priorities and maintaining strong attention to detail under deadlines
- Superior analytical and critical thinking skills (both quantitative and qualitative).
- Able to successfully work in a team-oriented environment and partner with different functional groups
- Demonstrated leadership skills and a strong sense of ownership
- Strong work ethic, a high level of integrity, and the desire to take initiative
- Excellent written and oral communication skills. Effective customer service and interpersonal skills. Strong organizational, time management and priority setting skills.
- Focused and self-motivated teammate who balances independent thinking with the execution capabilities and core proficiencies of the rest of the organization.
- Advanced proficiency with Microsoft Excel (financial modeling, creation of templates) and Argus Enterprise. Experience with real estate accounting systems required, experience with Yardi a plus
- Limited travel
- We’ll empower you to learn and grow the career you want.
- We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
- As part of our global team, we’ll support you in shaping the future you want to see.
Manulife Investment Management
• 1500+ employees
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