Associate, Asset Management, United States

Mapletree; Illinois; On-site; USD 115,000 - 125,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

Mapletree in the United States is seeking a seasoned asset management professional to formulate and execute strategies for its industrial real estate portfolio, optimizing income and realizing the highest value of assets. You will manage annual budgets and performance reports, track NOI and distributable income, perform cash flow analyses, and collaborate with the US investment team on exits and financing.

Proficiency in Excel and PowerPoint is essential, experience with Argus/MRI a plus.

Qualifications

• Degree in Real Estate, Building, Business, Finance, Engineering or equivalent.
• 5+ years’ asset/portfolio management experience in industrial markets.
• Strong communication, initiative, and ability to work independently in a fast-paced environment.

Responsibilities

• Formulate and execute asset management strategies for the real estate portfolio.
• Prepare and manage annual budgets and performance reports (NOI, Distributable Income).
• Assist with divestment/acquisition analyses and cash flow modelling.
• Manage Argus/MRI files and update revenue and expenses for performance analyses.
• Coordinate market intelligence and financing-related processes with Treasury.
• Prepare investor reports and support valuation and IC meetings.

Skills

Team player

Communication

Initiative

Multitasking

Education

Bachelor's degree in Real Estate / Building / Business / Finance / Engineering or equivalent

Tools

Excel

PowerPoint

Argus

MRI

Job description

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.