Associate, Asset Management, United States

Mapletree Investments Pte Ltd; Chicago (IL); On-site; USD 115,000 - 125,000; Full time

Job summary

Mapletree is seeking an Associate, Asset Management in Chicago to formulate and execute asset management strategies for the real estate portfolio. You will drive income optimization and value realization across assets while coordinating with investment teams.

The role requires 5+ years in asset or portfolio management, strong Excel/PowerPoint skills, and proficiency with Argus/MRI; office presence 4 days weekly is expected.

Qualifications

• Degree in Real Estate, Building, Business, Finance or Engineering or its equivalent.
• Strong Excel and PowerPoint skills; experience with Argus/MRI is a plus.

Responsibilities

• Preparing and managing annual budgets and reports covering financial performance, leasing status and rental collection.
• Tracking fund performance (NOI and Distributable Income) and performing scenario analysis on projections.
• Assist with divestment/acquisition related initiatives and cash flow analyses.
• Manage Argus portfolio files and updates to revenue and expenses for accurate performance analyses.
• Collate market intelligence to ensure competitiveness of products and services.
• Support financing processes and coordinate with Treasury on loan pools and cashflow for facilities.

Skills

Excel

PowerPoint

Education

Real Estate degree

Tools

Argus

MRI

Job description

Associate, Asset Management, United States

Location: Chicago, United States of America

Company: Mapletree

The Role

You will be responsible for formulating and executing asset management strategies and plans for the real estate portfolio, including marketing strategies to optimise income and realise the highest value of our assets.

Job Responsibilities

Preparing and managing annual budgets and reports which cover the financial performance of the asset, leasing status, and rental collection.

Responsible for fund performance tracking (NOI and Distributable Income) cash flows against fund underwriting and perform scenario analysis on fund projections as required.

Assist with divestment/acquisition related initiatives such as cash flow analysis and manage impact to funddistributions.

Manage Argus portfolio files and updates to revenue, operating and non-operating expenses to produce accurate and up-to-date performance analyses

Manage market intelligence and collating global market / industry information to ensure competitiveness of the Company’s products and services.

Assist with financing-related processes and coordinate with Treasury team with regards to loan pools and managing optimal cashflow for drawdown of facilities for capital requirements.

Support fund exit evaluation, work with US investment team to model various scenarios for identified exits.

Prepare investor reports / address investor questions and IC meetings.

Assist with annual valuation process

Job Requirements

Degree in Real Estate, Building, Business, Finance, Engineering or its equivalent. Working knowledge of Accounting preferred.

5+ years’ experience in asset management or portfolio management with good knowledge of the industrial markets.

A good team player, possess a high level of initiative, hands-on, resourceful, strong communication and interpersonal skills, and able to work independently in a fast-paced environment.

Ability to work under the pressure of deadlines and juggle multiple workflows

Deep experience with Excel and Powerpoint

Experience with Argus and MRI will be an advantage.

Ability to be in office 4 days a week.

Compensation Data

The annual base compensation range for this role sits between: $115,000 - $125,000

This range is representative of the starting base salaries for this role at Mapletree. Compensation offers are based on a wide range of factors including previous work experience, specific industry experience, relevant skills, training and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. Candidates hired to work in other locations will be subject to the pay range associated with that location. In addition to salary and a competitive employee benefits package, candidates may also be eligible to receive a discretionary bonus.