Associate, Real Estate Investment

Intermediate Capital Group; Greater London; On-site; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Wellbeing

Inclusivity

Longevity

Job summary

Intermediate Capital Group (ICG) is seeking an Associate in London to join the Real Estate Credit team. You will contribute to origination, diligence, execution and monitoring of Real Estate Debt investments across Europe, with a focus on French and/or German markets and cross-border sponsor relationships.

You will build financial models, analyse key risks, coordinate execution workstreams and support asset management of existing investments, while collaborating with a multi-disciplinary team in

Qualifications

• 2-3 years' experience in a role providing exposure to the real estate market via either investing or advising
• Working knowledge of real estate fundamentals and debt structures
• Fluency in English, with French and/or German language skills preferred for continental European transaction activity
• Demonstrable financial modelling skills and numerical fluency
• Ability to support transactions and interact effectively with sponsors, lenders and advisors
• Comfortable working across multiple European jurisdictions and interacting with local borrowers, sponsors, advisors and service providers

Responsibilities

• Deal screening and execution: Support in assessing new pipeline opportunities in the context of fund investment criteria and deal fundamentals
• Deal screening and execution: Undertake analysis to support investment decisions and assess key risks including reviewing third-party reports and technical due diligence
• Deal screening and execution: Build and maintain financial models to support underwriting, sensitivity analysis and investment recommendations
• Deal screening and execution: Collate market information and present to deal leads to assist with deal appraisals
• Deal screening and execution: Prepare papers for deal screenings and Investment Committee discussions with support of deal team
• Deal screening and execution: Support execution workstreams to tight deadlines, including co-ordination with internal stakeholders and external advisors
• Asset Management: Lead post-deal closing management, borrower reporting and agreed asset-level actions
• Asset Management: Maintain up-to-date models and cashflows that feed into fund-level outputs
• Asset Management: Monitor progress against business plans and key KPIs
• Asset Management: Support quarterly portfolio reviews
• Asset Management: Ensure data is managed and updated regularly

Job description

Job Title: Associate, Real Estate Investment

Contract Type: Permanent, full-time

Location: London, St Pauls

Department: Real Estate Credit

Summary of our opportunity

ICG Real Estate's wider team of 50 multi-disciplinary investment professionals manage debt and equity investment vehicles with aggregate commitments of c€11bn. You will be a core member of the ICG Real Estate Debt team (20 investment professionals) based in London.

The role involves supporting the origination, diligence, execution and monitoring of Real Estate Debt investments across Europe. At this level, you will contribute to transactions through financial modelling, risk analysis, investment paper preparation and co-ordination of execution workstreams, while also supporting proactive asset management of existing investments. A particular focus will be French and/or German speaking markets, providing valuable exposure to cross-border transactions and sponsor relationships across continental Europe.

Primary responsibilities for this role include (but are not limited to):

Deal screening and execution:

• Support in assessing new pipeline opportunities in the context of fund investment criteria and deal fundamentals
• Undertake analysis to support investment decisions and assess key risks including reviewing third-party reports and technical due diligence
• Build and maintain financial models to support underwriting, sensitivity analysis and investment recommendations
• Collate market information and present to deal leads to assist with deal appraisals
• Prepare papers for deal screenings and Investment Committee discussions with support of deal team
• Support execution workstreams to tight deadlines, including co-ordination with internal stakeholders and external advisors

Asset Management:

• Lead post-deal closing management, borrower reporting and agreed asset-level actions
• Maintain up-to-date models and cashflows that feed into fund-level outputs
• Monitor progress against business plans and key KPIs
• Support quarterly portfolio reviews
• Ensure data is managed and updated regularly

Key Requirements/ Qualifications

You will have demonstrable experience of:

• 2-3 years' experience* in a role providing exposure to the real estate market via either investing or advising
• Working knowledge of real estate fundamentals and debt structures
• Fluency in English, with French and/or German language skills preferred for continental European transaction activity
• Demonstrable financial modelling skills and numerical fluency
• Ability to support transactions and interact effectively with sponsors, lenders and advisors
• Comfortable working across multiple European jurisdictions and interacting with local borrowers, sponsors, advisors and service providers

Personal Attributes

Personal attributes that will make you successful in this role include but are not limited to:

• Intellectual curiosity and a genuine interest in the real estate market and investing
• High attention to detail
• Committed team player with excellent communication and interpersonal skills
• Demonstrates entrepreneurial spirit and willingness to assume additional responsibilities when required
• Highly organised and results focused
• Growth mindset

Our Global Benefits Framework is centred around these 3 key attributes:

• Wellbeing - Supporting your mental, physical and financial wellbeing as well as your lifestyle needs.
• Inclusivity - Fit for purpose and competitive, no matter who or where you are.
• Longevity - Long Term and sustainable in design

*