ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $290 billion of real estate in 247 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 857,400 units/beds globally, and has a robust institutional investment management platform comprised of more than $76 billion of assets under management, including over $34 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.

JOB DESCRIPTION SUMMARY

Greystar is seeking an Associate to join the Portfolio Management team. The successful candidate supports all aspects of Venture Formation and Venture Management. The former involves setting up life-of-fund models and strategy papers, as well as supporting the entities' creation, structuring and legal documentation. The latter involves reviewing strategy compliance of investment opportunities, regular financial reporting of the investment vehicle through the development and maintenance of a robust fund model, as well as the development and implementation of business plans and practices that achieve the financial, investment, and operating goals of the portfolio and Greystar.

JOB DESCRIPTION

Key Role Responsibilities

• Responsible for working with investment accounting to develop and maintain a fund model that is the basis for investment decision-making for the fund, as well as the basis for investor reporting quarterly and annually. 
• Provide the financial analysis supporting potential acquisitions and disposition, including whether the transaction is supportive of the vehicle’s strategic rationale and the near- and long-term financial impact of transactions.
• Work on a collaborative basis within Greystar’s fully integrated model to monitor and evaluate existing investments in support of the fund’s strategic objectives.  Support the Portfolio Manager in engaging with Regional Investment Teams, Operations, Capital Projects and Marketing to bring ownership’s perspective to managing each asset. Provide insights to the portfolio management team on key activities at properties and important decisions needed to drive performance.
• Assist in the creation of annual business plans for each asset and the overall portfolio. Work with internal teams to set performance objectives for each investment and assess potential exit strategies. Communicate to investors on the overall Fund’s objectives and projected returns.
• Assist in determining the optimal funding mix for the overall portfolio and managing the Fund’s liquidity and debt profile. Work closely with the Finance team to actively manage debt obligations and execute financings / refinancing for each investment.
• Support the quarterly appraisal process for the Fund’s assets and debt obligations. Liaise as directed with the Fund’s third-party appraisers and drive internal processes tied to appraisals.
• Oversee the preparation of materials and deliverables for presentation to internal committees, current and prospective investors, and other stakeholders.

Knowledge & Qualifications

• Educated to degree level or equivalent in a related business or analytical subject; such as finance, business management, real estate, accounting, economics, mathematics, statistics; science or engineering.
• MBA or Masters in real estate or finance or CFA designation (preferred)
• Adept at working at an advanced level with all Microsoft products, as well as having an in depth understanding of financial analysis and modelling.

Experience & Skills

Essential:

• Demonstrable experience in an analytical role within investment banking, private equity or other related finance position, with a focus on portfolio-level analysis and modelling.
• Advanced quantitative background with significant experience with financial modelling, valuations and financial analysis; ideally gained in a corporate finance, related-business or accounting or audit environment.
• Strong qualitative analytical skills; having the ability to research, analyse and present complex financial data.
• Strong written and verbal communication skills; including the ability to effectively write and present a strategic or investment thesis.
• Demonstrated coaching/mentoring and leadership skills sufficient to lead, direct, evaluate and manage team members to achieve high performance.
• Excellent interpersonal skills including the ability to establish and maintain positive relationships and influence at all levels.
• Strong organisational and project management skills to juggle complex tasks and manage the workload of self and others, with the ability to work effectively under pressure, to deadlines and work flexibly in change environment.
• Self-motivated and proactive, both with respect to managing workload and having the resourcefulness to figure out ‘difficult to find’ solutions.
• Naturally inquisitive with a desire to understand the bigger picture and get involved with wider team and business objectives.
• A positive team player, with an adaptable and flexible approach along with ability to work collaboratively to drive results and support the wider team and business objectives.

Desirable:

• Demonstrable experience working in Portfolio Management and/or Real Estate Sector.
• Experience with INREV and IFRS reporting conventions.
• Experience with Capital Raising and structuring.
• Experience working in residential sector or on residential projects.