Capital Markets Associate

Ryan Companies US Inc; Illinois; On-site; USD 120,000 - 150,000; Full time

Benefits offered by this job

Competitive Salary

Medical, Dental and Vision Benefits

Retirement and Savings Benefits

Paid Time Off (PTO)

Professional development and education

Job summary

Ryan Companies US Inc. in downtown Chicago seeks a Capital Markets Associate to join the Ryan Investment Group. You will lead underwriting and financial modeling for development projects, support capitalization efforts with JV equity, and coordinate with brokers and capital providers.

You will mentor analysts and refine models in Excel, while ensuring alignment with the project narrative. The role emphasizes valuation and feasibility analyses across CRE assets, with travel as needed, and the

Qualifications

• Bachelor’s degree required.
• 4+ years real estate capital markets experience.
• Ability to create and modify sophisticated financial models in Excel.
• Strong underwriting, valuation and feasibility analysis for CRE assets.
• Ability to interpret loan, sale and JV documents and advise accordingly.
• Ability to present the asset story to brokers and capital partners.

Responsibilities

• Lead underwriting and financial modeling for development projects, including complex waterfalls and JV structuring.
• Provide valuation and feasibility analysis for commercial real estate assets.
• Support capitalization of development projects with JV equity and liaise with capital providers.
• Create and refine sophisticated financial models in Excel and ensure alignment with project narrative.
• Collaborate with marketing to produce accurate executive summaries and market underwriting.
• Mentor capital markets analysts and review models and analyses.
• Develop knowledge of Argus and other real estate software.
• Assist in managing the sale process and coordinate with brokers and buyers.
• Support asset and portfolio management with investment analysis and reporting.

Skills

Real estate capital markets

Financial modeling

Underwriting

Valuation analysis

Education

Bachelor’s degree

Tools

Argus

Excel

Job description

Job Description

Ryan Companies is hiring a Capital Markets Associate to join the Ryan Investment Group in our downtown Chicago office. The Capital Markets Associate is responsible for supporting the capitalization and disposition of Ryan-owned and developed projects. This role takes a lead on the financial analysis, underwriting, and modeling for transactions, and helps to manage the funding and sale process from inception to final disposition. The Associate will work with capital providers, support cap rate guidance, create best-in-class marketing materials, and collaborate with brokerage teams. This position plays a critical role in bridging the analytical work of the analysts with the strategic and relationship-management functions of the Directors and VPs.

What you can expect to do

• Lead the underwriting and financial modeling for development projects, including complex waterfalls and joint venture structuring.
• Provide valuation and feasibility analysis for all commercial real estate asset types
• Support Directors and VPs on the capitalization of identified development projects with JV equity (or other equivalent), including working directly with capital providers and taking a primary role in Q&A and due diligence processes
• Manage the creation and modification of sophisticated financial models in Excel—occasionally taking the lead on the model itself--ensuring accuracy and alignment with the project's strategic "story."
• Collaborate with the marketing team to produce best-in-class offering materials, taking responsibility for the accuracy of financial information and crafting compelling executive summaries and market underwriting
• Support Directors and VPs with cap rate guidance by performing market analysis and tracking comparable transactions.
• Provide guidance and mentorship to Capital Markets Analysts and Senior Analysts, reviewing their models and analysis.
• Develop a strong working knowledge of Argus and other relevant real estate software.
• Assist in managing the sale process of Ryan investment properties, including coordinating with brokers and managing the flow of information to potential buyers.
• Support Asset Management and Portfolio Management on an ad-hoc basis with respect to investment analysis, valuation reviews, and portfolio-level reporting.
• Occasional overnight travel expected.

To be successful in this role, you must have

• Bachelor’s degree
• 4+ years real estate capital markets related experience
• Proven ability to create and modify sophisticated financial models in Excel, including complex worksheets, workbooks, and partnership structures.
• Strong proficiency in underwriting and providing valuation and feasibility analysis for any commercial real estate asset.
• Ability to interpret business terms of loan, sale, and joint venture documents and make recommendations based on that understanding.
• Ability to craft and articulate the “story of why” for a real estate asset to a broker, buyer, or capital partner.
• Experience in presenting and explaining the strengths and challenges of real estate projects to internal and external stakeholders.
• Ability to manage the process of generating high-end investment offerings.
• Strong working knowledge of Argus is a plus

You will really stand out if you have

• Proficient in verbal, written and interpersonal communication skills.
• Ability to effectively work independently, as well as with others in a collaborative environment and matrix organizational structure.
• Demonstrated ability to plan, organize, prioritize and manage time to effectively meet deadlines.
• Attention to detail and quality with a strong focus on customer service and appropriate sense of urgency and good judgment in varied situations.
• Ability to concentrate on tasks, make decisions and work effectively in a high-pressure, deadline-oriented environment.
• Ability to maintain stamina throughout a standard workday, on- and off-site as well as maintain regular attendance during required work hours.
• Commitment to Ryan Values: Safety, Integrity, Respect, Stewardship, Family, Excellence and Fun.

Compensation

The salary range is $120,000.00 - 150,000.00 per year. The base rate may vary within the anticipated range based on factors such as the ultimate location of the position and the selected candidate\'s knowledge, skills, and abilities. Position may be eligible for additional compensation that may include commission and/or incentive program.

Eligibility

Position requires verification of employment to work in the U.S.

Benefits

• Competitive Salary
• Medical, Dental and Vision Benefits
• Retirement and Savings Benefits
• Flexible Spending and Health Savings Accounts
• Life Insurance
• Short-Term and Long-Term Disability
• Educational Assistance
• Paid Time Off (PTO)
• Employee Assistance and Wellness Programs
• Parenting Benefits
• Employee Discount Programs
• Pet insurance
• Ryan Foundation – charitable matching funds
• Paid Time for Volunteer Events

Disclaimer

Eligibility may vary based on factors such as role, hours worked, employment status, length of service, location, and other considerations. Detailed information will be shared with eligible candidates during the hiring process, and the official terms and conditions will be outlined in each individual offer document.

Ryan Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Notice to Candidates

Please be advised that initial outreach regarding employment at Ryan Companies will only occur via email from the domain @ryancompanies.com email address. If you recieve communication from someone you believe is impersonating Ryan Companies, please report it to us at [e-mail].

Non-Solicitation Notice to Recruitment Agencies

Ryan Companies kindly requests that recruitment agencies and third-party recruiters do not submit unsolicited resumes or candidate information to any Ryan Companies employee or office. Ryan Companies will not be responsible for any fees or expenses associated with unsolicited submissions. If recruitment services are required, we will reach out directly to agencies on our approved vendor list. We appreciate your understanding and cooperation.

Company Culture

With more than 80 years in business and 17 offices (and growing!), Ryan offers comprehensive commercial real estate solutions to customers across the US. We bring a collaborative, relationship-driven approach to delivering spaces where people thrive and businesses succeed. Join a company with an outstanding culture and competitive benefits. At Ryan, we don’t just build buildings – we build stories.

EEO Policy and Reasonable Accommodation Notice

Ryan Companies US, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. For information about your rights under Equal Employment Opportunity, CLICK HERE. If we can help accommodate a disability during any portion of the application or hiring process, please email [e-mail]. Reasonable accommodations will be determined on a case-by-case.

Additional Notice

Please be advised that initial outreach regarding employment at Ryan Companies will occur via email from the domain @ryancompanies.com email address. If you receive communication from someone you believe is impersonating Ryan Companies, please report it to us at [e-mail]