Associate, Equity

Bellwetheram 2; Dallas (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Health insurance

401(k) match 4%

Paid time off

Job summary

Bellwether, a global advisory firm, seeks an Equity Associate to support the Asset Management team on office and retail assets through financial modeling, fund reporting, and equity underwriting. You will interact with internal and external decision makers and gain exposure to industry leaders.

You will monitor portfolios, develop asset‑level cash flow forecasts, mentor junior analysts, and underwrite deals using Excel, ARGUS, and related tools.

Qualifications

• Minimum of 3 years’ relevant experience.
• Experience in Asset Management, Development, or Acquisitions across office and retail asset classes preferred.
• Client‑facing experience preferred.
• Experience with property underwriting and advanced financial modeling.
• Mastery in Microsoft Excel, PowerPoint, and ARGUS Enterprise.
• For multi‑family roles, experience with Real Page and Yardi preferred.
• Bachelor’s degree required.

Responsibilities

• Assist in the proactive monitoring and management of a portfolio of real‑estate equity investments.
• Develop and maintain detailed asset‑level cash flow reforecasting models.
• Guide analysts in maintaining asset‑ and portfolio‑reporting models to monitor investment performance.
• Underwrite various asset classes using Excel‑based models, including cash‑flow, budget, IRR, and partnership waterfall modeling.
• Review and analyze business plans, leasing activity, and monthly property‑operating performance.
• Liaise with operating partners and Acquisition team leaders to review business plan execution.
• Demonstrate strong leadership abilities and effective management skills, with a desire to mentor and develop team members.

Job description

Bellwether is a global advisory firm that helps businesses solve complex challenges and enhance enterprise value. We specialize in dynamic growth strategies through partnership with clients, leveraging industry expertise, analytical capabilities, and top talent across the business lifecycle.

Overview

The Equity Associate will support Bellwether’s Asset Management team, working with office and retail assets through financial modeling, fund-level reporting, and underwriting of equity investments. The role involves regular communication with internal and external decision makers, providing exposure to industry leaders.

Responsibilities

• Assist in the proactive monitoring and management of a portfolio of real‑estate equity investments.
• Develop and maintain detailed asset‑level cash flow reforecasting models.
• Guide analysts in maintaining asset‑ and portfolio‑reporting models to monitor investment performance.
• Underwrite various asset classes using Excel‑based models, including cash‑flow, budget, IRR, and partnership waterfall modeling.
• Review and analyze business plans, leasing activity, and monthly property‑operating performance.
• Liaise with operating partners and Acquisition team leaders to review business plan execution.
• Demonstrate strong leadership abilities and effective management skills, with a desire to mentor and develop team members.

Qualifications

• Minimum of 3 years’ relevant experience.
• Experience in Asset Management, Development, or Acquisitions across office and retail asset classes preferred.
• Client‑facing experience preferred.
• Experience with property underwriting and advanced financial modeling.
• Mastery in Microsoft Excel, PowerPoint, and ARGUS Enterprise.
• For multi‑family roles, experience with Real Page and Yardi preferred.
• Bachelor’s degree required.

Key Competencies

• Job Knowledge & Technical Ability: Development and analysis of real‑estate financial models for multifamily, office, and industrial assets; ability to build complex models from scratch, including waterfalls and debt structures.
• Initiative & Dependability: Self‑directed, proactive problem‑solver who takes responsibility and ensures task completion.
• Communication: Excellent verbal and written skills; strong listening and interpersonal abilities; effective at preparing and presenting information.
• Professionalism & Teamwork: Honest, integrity‑driven, confidential; promotes a collaborative work environment and respects colleagues.
• Leadership & Management: Supervision and direction of people/resources; motivates teams, plans and prioritizes operations, and responds to changing conditions; provides constructive feedback.

Travel & Physical Requirements

• Local and/or nationwide travel to assets and client sites required on an as‑needed basis, approximately 1–2 times per month.
• Regular duties include standing, sitting, walking, operating a computer workstation, and lifting/handling items. Physical and mental demands are representative of the essential functions of the position.
• Reasonable accommodations may be made for qualified individuals with disabilities.

Position Details

• Classification: Exempt
• Position Status: Regular / Full Time
• Reports To: Vice President, Equity
• Direct Reports: None

Benefits

• Employer‑paid Medical, Dental & Vision; buy‑up options available
• Flexible Spending Account, Health Savings Account
• Carrot Fertility Benefit – $10,000 lifetime benefit
• 401(k) company match 4%, immediately vested
• Generous PTO, 11 paid company holidays & paid holiday office closure
• 14 weeks maternity leave & 12 weeks parental leave
• Wellbeing program offerings
• Cell phone reimbursement
• Team events & holiday parties

Equal Opportunity Employer

Bellwether is an equal‑opportunity employer. Bellwether complies with all federal, state, and local laws providing equal employment opportunities, and all other employment laws and regulations. All qualified applicants are considered for employment without regard to any protected status. All candidates must be able to prove eligibility to work in the United States.