Analyst, Asset Management - Real Estate

StepStone Group; New York (NY); On-site; USD 80,000 - 100,000; Full time

Job summary

StepStone Group is seeking an Asset Management Analyst to be based in San Francisco, New York or Chicago, handling management, monitoring and reporting on real estate investments. You will deliver insights and updates to senior investment team members and collaborate across partners.

The role focuses on financial modeling, scenario analysis, budget control, and compliance with investment guidelines while communicating findings to internal committees and clients.

Qualifications

• 1-3 year(s) of real estate investment, reporting, or asset/portfolio management experience.
• Strong analytical and financial modeling skills; understanding of real estate structures, concepts and metrics.
• Proficient in Excel, PowerPoint, Word; PowerBI and/or Argus experience a plus.

Responsibilities

• Scenario Analysis: Develop financial models and valuations for existing investments and potential acquisitions.
• Budgeting and cash flow: maintain business plans, budgets and capital projects with cash flow models.
• Investment monitoring: track performance with operating partners, ensure compliance with guidelines and complete site/work reports.
• Debt compliance: monitor debt metrics and forecast future performance.
• Reporting: prepare internal and client reports and quarterly valuations.

Skills

Analytical thinking

Financial modeling

Presentation skills

Attention to detail

Education

Undergraduate degree from top-tier institution

Tools

Excel

PowerPoint

Word

PowerBI

Argus

Job description

We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.

Position Overview

The Asset Management Analyst will be based in San Francisco, Chicago or New York and will play a critical role in managing, monitoring, and reporting on StepStone’s real estate investments. The right candidate will accomplish investment initiatives with partners while delivering recommendations and updates to senior investment team members.

Responsibilities

• Scenario Analysis: Conduct supporting analysis on existing investments, development projects, and potential acquisitions. Develop financial models and valuations for existing investments
• Business Plans and Budgets: Assist in maintaining and controlling business plans, budgets, and capital projects including control of cash flow models. Contribute to the identification of key risks and opportunities for value enhancement
• Investment Monitoring: Work closely with operating partners to monitor progress and performance of investments. Ensure compliance with investment guidelines and legal requirements. Related work includes site inspections, manager meetings, market research and broker discussions
• Debt Compliance: Monitor performance of investments against debt compliance requirements and forecast future performance
• Reporting: Prepare internal reports, client reports, quarterly valuations and ad-hoc requests

Qualifications

• 1-3 year(s) of real estate investment, reporting, or asset/portfolio management experience
• Strong analytical and financial modeling skills; understanding of real estate structures, concepts and metrics
• Proficient in Excel, PowerPoint, Word; PowerBI and/or Argus experience a plus
• Undergraduate degree from top-tier institution
• Strong interpersonal communication skills, including the ability to present to internal committees and clients
• High level of commitment and self-motivation; strong attention to detail

Salary Range: SF/NY $90,000 - $100,000. Chicago $80,000 - $85,000

The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Candidates must be at least 18 years old to apply.

Developing People at StepStone