Associate, Real Estate

GIC; New York (NY); On-site; USD 122,000 - 161,000; Full time

Job summary

GIC is seeking an Associate in Real Estate Investments. You will assist with underwriting and closing real estate transactions, take the primary role in financial modeling, and prepare approval papers for Senior Investment staff.

You will work across the Americas portfolio and engage in asset strategy execution. Qualifications include a bachelor’s degree in business/finance/real estate finance and 1–2 years in investment banking or real estate, plus strong analytical skills.

Qualifications

• Bachelor’s degree in business, finance or real estate focus.
• 1–2 years investment banking or real estate experience.
• Excellent analytical skills and ability to work on multiple projects simultaneously.

Responsibilities

• Assist with underwriting and closing real estate transactions across the capital structure (private/public equity and debt).
• Take on primary role in the financial modeling of transactions.
• Assist with the preparation of approval papers for submission to Senior Investment staff.
• Understand structuring and tax issues related to transactions.
• Participate in management and oversight of a portion of the Americas (U.S., Canada, and Latin America) multi-billion dollar real estate portfolio, including execution of asset strategy and administrative, financial, capital and operations capacities of the assigned portfolio.
• For sub-performing investments, participate in the development of strategy to improve performance and participate in implementing the same.
• Conduct financial research on public and private companies for potential acquisition.
• Participant for various global strategy groups.
• Function as a contact for various existing fund and joint venture relationships.

Skills

Analytical skills

Multitasking

Education

Bachelor’s degree in business/finance/real estate finance

Job description

GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 locations around the world, we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the world’s industry leaders. As a leading global long-term investor, we Work at the Point of Impact for Singapore’s financial future, and the communities we invest in worldwide.

GIC Real Estate

We were an early entrant among institutional investors in real estate including traditional private real estate (brick-and-mortar assets), public equities, real estate investment trusts, and real estate-related debt instruments.

Real Estate Investments

You will invest with scale across sectors, regions, and capital stack to generate alpha through our in-house investment, and asset management capabilities.

What impact can you make in this role?

You will be part of a team that ranks among the top global real estate investment firms, and handles a multi-billion-dollar Real Estate portfolio globally.

What will you do as an Associate?

• Assist with underwriting and closing real estate transactions across the capital structure (private/public equity and debt)
• Take on primary role in the financial modeling of transactions
• Assist with the preparation of approval papers for submission to Senior Investment staff
• Understand structuring and tax issues related to transactions
• Participate in management and oversight of a portion of the Americas (U.S., Canada, and Latin America) multi-billion dollar real estate portfolio, including execution of asset strategy and administrative, financial, capital and operations capacities of the assigned portfolio.
• For sub-performing investments, participate in the development of strategy to improve performance and participate in implementing the same
• Conduct financial research on public and private companies for potential acquisition
• Participant for various global strategy groups
• Function as a contact for various existing fund and joint venture relationships

What qualifications or skills should you possess in this role?

• Bachelor’s degree with a business, finance or real estate finance focus.
• Minimum of 1-2 years investment banking or real estate experience.
• Must have excellent analytical skills and be able to work on multiple projects simultaneously.

Work at the Point of Impact

We need to be forward-looking to attract the right people to help us become the Leading Global Long-term Investor. Join our ambitious, agile, and diverse teams - be empowered to push boundaries and pursue innovative ideas, share your views, and be heard. Be anchored on our PRIME Values: Prudence, Respect, Integrity, Merit and Excellence, which guides us in how we make our day-to-day decisions. We strive to inspire. To make an impact.

Flexibility at GIC

At GIC, our offices are vibrant hubs for ideation, professional growth, and interpersonal connection. At the same time, we believe that flexibility allows us to do our best work and be our best selves. Thus, our teams come into the office four days per week to harness the benefits of in-person collaboration, but have the flexibility to choose which days they work from home and adjust this arrangement as situational needs arise.

We are an equal opportunity employer

As an employer, we passionately believe every individual brings with them unique diversity of thought and perspectives to meaningfully enrich perspectives of GIC teams to drive competitive performance. An inclusive environment yields exceptional contribution.

Compensation

Our compensation philosophy reflects several principles. We strive to provide a competitive compensation package to attract and retain talent globally. We pay for performance, and reward sustainable results. Total pay for this position comprises base pay and bonus. The anticipated base salary range for this role is between $121,500 and $161,000. Bonuses, which may form a meaningful proportion of the total pay package, are determined based on company and individual performance.

Learn more about our Real Estate Department here:

https://gic.careers/group/real-estate/

Our PRIME Values

GIC is a values driven organization. GIC’s PRIME Values act as our compass, enabling us to fulfil our fundamental purpose and objectives. It is the foundational bedrock which governs our behaviors, our decision making, and our focus. It informs both our long-term strategy as a firm, and the way we relate to our Client, business partners and employees. PRIME stands for Prudence, Respect, Integrity, Merit and Excellence.