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Manulife · 5 months ago

Portfolio Management Senior Associate, Real Estate

Los Angeles, California

Full-time

Hybrid

Mid, Senior Level

$91K/yr - $165K/yr

5+ years exp

Manulife Investment Management is seeking a real estate analytics and Portfolio Management Senior Associate to join the Portfolio Management team. The investment professional will play an integral role in supporting the growth of US investment strategies and decision making in all aspects of private equity real estate including acquisitions, asset management and portfolio management.

FinanceFinancial ExchangesFinancial Services

Responsibilities

Own real estate portfolio financial models including comprehensive Fund model with expertise and accuracy to develop and/or improve the functionality to competitive standards for internal analysis and LP reporting

Synthesize modeling outputs in real-time for senior portfolio management team decision making

Supervise the performance of existing real estate investments, identifying potential risks and opportunities, assisting with workouts and restructurings as required

Help prepare investment memos for Committee review, inclusive of relevant analyses to assist in the closing of transactions including acquisitions, dispositions and refinancings, decision making on capital recommendations by asset managers

Deliver comprehensive analytics in support of portfolio strategy including quarterly valuations and liquidity management (including dividends, distributions, line of credit draws, and equity forecast for new deals), forecasting returns, hold/sell analysis and debt/cash management

Craft new reporting tools to deliver pertinent performance measurements to existing and potential LPs including RFPs

Supervise market trends, competitor activity, and industry developments

Prepare reports and presentations for internal updates, investors and other partners

Participate in external and internal partner meetings using strong presentation skills to deliver various aspects of the Fund strategy and performance results alongside senior management team

Work closely with Asset Management, Valuations, Transactions, Investor Relations, Legal, Compliance, Tax and Operations, and other teams to ensure smooth transaction, execution and portfolio management including capital raising efforts

Provide operational oversight: ensure adherence to regulatory requirements and internal policies, while ensuring work product with accuracy

Qualification

Fund managementReal estate portfolio modelingQuantitative analysisAsset managementArgus knowledgeCommunication skillsTeam collaborationProject management

Required

Strong academic credentials and a proven track record of successful work experience

Strong understanding of fund management, including specifics of open-ended funds such as property roll-up, time weighted returns, cash forecast and management, portfolio optimization adhering to investment guidelines (geographic and asset allocation, Fund LTV etc.), and carried interest calculation

Good knowledge and experience working with all asset classes; industrial and multifamily experience, including alternative adjacent asset classes, is a plus

5-7 years of post-undergrad real estate acquisition/asset management/portfolio management experience, preferably at a top institution

Strong quantitative, analytical and modeling capabilities with a fundamental driven approach to investing and fund management

Argus knowledge is a plus

Preferred

Able to work collaboratively in team environments and under tight timeframes

Excellent communication skills with the ability to synthesize complicated analyses concisely and to articulate insightful conclusions and answers to investment committee and various LPs (existing and for capital raising efforts)

Proficient in balancing multiple projects simultaneously and meeting deadlines

Ability to review and disseminate legal documents related to debt, fund structure, transactions, etc

Able to produce high-quality work with a focus on accuracy and thoroughness

Benefits

Health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans

Various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions)

Financial education and counseling resources

Generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year

Full range of statutory leaves of absence