Associate, Equity

Bellwether; Town of Texas (WI); On-site; USD 100,000 - 125,000; Full time

Benefits offered by this job

Medical, Dental & Vision

401k match

Paid PTO & holidays

Job summary

Bellwether is a global advisory firm that helps businesses solve complex challenges and enhance enterprise value. The Equity Associate will support a robust platform with asset-level cash flow forecasting, portfolio reporting, and underwriting of equity investments.

In this role you will interact with decision-makers, guide analysts, and collaborate with Acquisition Teams to review business plans, monitor performance, and develop senior-level leadership skills while mentoring junior staff.

Qualifications

• Development and analysis of real estate-based financial models with a focus on multifamily, office, and industrial assets.
• Ability to build complex financial models including waterfalls and debt structures.
• Experience in asset management, development, or acquisitions across major asset classes.

Responsibilities

• Assist in monitoring and managing a portfolio of real estate equity investments.
• Develop and maintain asset-level cash flow reforecasting models.
• Guide Analysts in asset- and portfolio-reporting models to monitor investment performance.
• Underwrite assets using Excel-based models, including IRR and waterfall calculations.
• Review and analyze business plans, leasing activity and property operating performance.
• Coordinate with operating partners and Acquisition Teams to review plans.
• Demonstrate leadership abilities and mentor team members.

Skills

Asset management

Financial modeling

Leadership

Communication

Teamwork

Education

Bachelor’s degree

Tools

Excel

PowerPoint

ARGUS Enterprise

Yardi

Real Page

Job description

Bellwether is a global advisory firm that helps businesses solve their most complex challenges and enhance enterprise value. We specialize in formulating and executing dynamic growth strategies through true partnership with our clients. Merging deep industry expertise, advanced analytical capabilities and best-in-class talent, we create value across the business lifecycle, from transaction management to operational transformation. Bellwether is privately held and has offices in Los Angeles, Salt Lake City, London and Dallas.

Overview

The Equity Associate will support Bellwether’s robust platform provides opportunities across a variety of asset

classes, financial modeling, fund-level reporting, and underwriting of equity investments. Regular

communication with internal and external decision-makers will be expected in this role, offering exposure to

industry leaders in the real estate investment community.

Key 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 the maintenance of detailed asset- and portfolio-reporting models to monitor theperformance of investments at the asset level;
• Underwrite a variety of asset classes using Excel-based underwriting models, including complex cashflow, budget, IRR and fund/partnership waterfall modeling;
• Review and analyze business plans, leasing activity and monthly property-operating performance;
• Liaison with operating partners and leading members of the Acquisition Teams to review business planexecution; and
• Demonstrate strong leadership abilities and effective management skills, with a desire to manage,mentor and develop team members.

Professional Experience

• A minimum of 3 years’ relevant experience;
• Asset Management, Development, or Acquisitions across major asset classes experience preferred;
• Client-facing experience preferred;
• Experience with property underwriting and advanced financial modeling;
• Mastery in Microsoft Excel, PowerPoint and ARGUS Enterprise;
• (Multi-Family roles only) Experience with Real Page and Yardi preferred.

Education/Certification

• Bachelor’s degree required

Essential Skills & Competencies

• Bellwether seeks to hire entrepreneurial individuals who are highly motivated, mature and intelligent, with demonstrated excellence in prior endeavors. The successful candidate should have:
• Job Knowledge & Technical Ability: Development and analysis of real estate-based financial models with a focus on multifamily, office, and industrial assets; ability to build out a complex financial model from scratch including waterfalls and various debt structures.
• Initiative & Dependability: Ability to perform responsibilities independently and proactively, solve problems, and improve processes and/or services. Self-directed, takes initiative and responsibility, ensures completion of tasks.
• Communication: Excellent verbal and written communication skills; strong listening and interpersonal skills. Highly effective at preparing and presenting information.
• Professionalism & Teamwork: Acts with honesty and integrity and maintains confidentiality, adheres to company policies. Promotes a collaborative and productive work environment. Demonstrates team building, support and respect.
• Leadership & Management: Ability to supervise and direct people and/or resources to meet department goals. Able to motivate people and plan/prioritize operations while responding to changing conditions. Able to cultivate and build relationships with team and clients. Proficiency in reviewing other people’s work and providing constructive feedback.

Travel Requirements

• Local and/or nationwide travel to assets and client sites required on an as-needed basis, approximately 1-2 times per month depending on deal list.

Position Details

• Classification: Exempt
• Position Status: Regular / Full Time
• Reports To: Vice President, Equity
• Direct Reports: No

Physical and Mental Demands

• While performing the duties of this job, the employee is regularly required to stand, sit, and walk. Must be able to sit at an office workstation for an extended period of time. May need to reach, stoop, or kneel to access items.
• Must be able to talk, hear and use wrists, hands and/or fingers frequently and repetitively to operate a computer, telephone and other office productivity machinery.
• Must frequently prepare or inspect documents, and convey details or important instructions or ideas accurately, loudly, or quickly.
• Ability to work independently, and prioritize duties to ensure timely completion. The ability to collaborate is also imperative.
• Requires active listening, critical thinking, making decisions, time management, as well as administration skills.
• Ability to interact in a courteous professional manner at all times.
• Regular, predictable attendance is required.
• The physical and mental demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

Work Environment

• No hazardous or significantly unpleasant conditions (such as in a typical office).
• Moderate noise (i.e., business office with computers, phones, printers and light traffic)
• Indoor business office environment with windows; light foot traffic within work areas
• The work environment characteristics described here are representative of those a teammate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

Benefits

• We offer a comprehensive benefits package that includes:
• Employer-paid Medical, Dental & Vision, with buy-up options available
• Flexible Spending Account, Health Savings Account
• Carrot Fertility Benefit - $10,000 lifetime benefit
• 401k 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
• Engaging team events & holiday parties

$100,000 - $125,000 a year

Dallas $115,000 - $125,000 base, plus discretionary bonus

Salt Lake City $100,000 - $115,000 base, plus discretionary bonus

Offered salary is based on a variety of factors, including skills, experience, and qualifications for the role.

Intent of Position Description

This position description describes the general nature and level of work required by the position. It is not intended to be an all-inclusive list of qualifications, skills, duties, responsibilities or working conditions of the job. The job description is subject to change with or without notice, and Management reserves the right to add, modify or remove any qualification or duty. Nothing in this job description changes the existing at-will employment relationship between the Company and the employee occupying the position.

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 an individual’s race, color, religion, religious creed, national origin, ancestry, citizenship, physical or mental disability, medical condition (including cancer and genetic characteristics), genetic information, marital status, reproductive health decision-making, sex, gender (including gender identity and gender expression), age, sexual orientation, protected veteran and/or military status, protected medical leaves, domestic violence victim status, political affiliation, or any other status protected by federal, state, or local laws. All candidates must be able to prove eligibility to work in the United States and willing to complete a background check.