Senior Asset Management Analyst

DLC Management Corp.; Village of Elmsford (NY); On-site; USD 80,000 - 95,000; Full time

Benefits offered by this job

Competitive pay

401K company match

Medical, Dental, and Vision Insurance

Hybrid work model

20+ paid days off annually

13+ paid holidays in addition to PTO

Paid parental leave

Job summary

DLC Management Corp. is seeking an Asset Management Senior Analyst to provide day-to-day analysis, reporting, and portfolio insights across our shopping center assets in New York. You'll collaborate with the AM team and other departments to support leasing, capital activity, and investor communications.

The role requires 1–3 years in retail real estate, solid Argus and Excel skills, and the ability to produce accurate, timely analyses. Hybrid work and a competitive benefits package are offered.

Qualifications

• College degree with related real estate experience.
• 1–3 years of experience with an understanding of the retail asset class.
• Strong quantitative skills to evaluate asset performance and forecast.
• Strong analytical skills to identify results and trends, diagnose variances, and make recommendations for system improvements.
• Experience with Argus REQUIRED.
• Strong Excel modeling and formatting skills.
• Familiarity with PowerPoint and creating presentations.

Responsibilities

• Produce written reports regarding the operations and performance of real property assets.
• Provide analytical support for periodic and ad-hoc reporting including asset reviews, portfolio metrics, loan performance, lease economics analysis, payback calculations, expense recovery analysis, health ratios, forecasting and distribution analysis, and investment return analysis.
• Analyze operating budgets, capital plans, and reforecasts. Provide variance commentary to original business plan.
• Update tracking tools or systems to monitor leasing, capital projects, capital draws, etc.
• Prepare partner or lender approval requests for leasing and capital related projects.
• Respond to lender, JV partner, or senior management requests relating to asset performance and statuses.
• In preparation for investor calls, produce and distribute presentation materials.
• Model property-level cash flow projections utilizing Argus and Excel.
• Maintain integrity of Argus models including leasing updates, capital activity, and market changes.
• Handle internal and external requests in a timely manner.
• Provide support for ad hoc requests and cross-department efforts.

Skills

Analytical skills

Communication skills

Attention to detail

Multitasking

Education

Bachelor's degree in real estate or related field

Tools

Argus

Excel

PowerPoint

Job description

Why DLC?

DLC is proud to be certified as a Great Place to Work and is driven by a strong culture and entrepreneurial foundation. DLC is one of the nation's leading owners and operators of open-air retail shopping centers and has expertise in all facets of commercial real estate. At DLC, our teammates make all the difference and we offer industry-leading training and career development to assure your success.

What We Offer:

• Compensation and Benefits:
  • Competitive pay
  • 401K company match
  • Medical, Dental, and Vision Insurance
• Work-Life Balance:
  • Hybrid work model
  • 20+ paid days off annually
  • 13+ paid holidays in addition to PTO
  • Paid parental leave
• Career Development:
  • Industry-leading training and development
  • Open door policy
  • Industry trade shows and event access
  • Mentorship program

About the Role:

The Asset ManagementSenior Analystis responsible for providing day to day analysis, materials and reporting for the portfolio’s assets. They will work closely with the other members of the AM team in addition to collaborating with all departments across the organization.

Responsibilities:

• Produce written reports regarding the operations and performance of real property assets. The information is from disparate systems, processes, and people.
• Provide analytical support for periodic and ad-hoc reporting. This includes asset reviews, portfolio metrics, loan performance, lease economics analysis, payback calculations, expense recovery analysis, health ratios, forecasting and distribution analysis, and investment return analysis.
• Analyze operating budgets, capital plans, and reforecasts. Provide variance commentary to original business plan.
• Update various tracking tools or systems to help internal and external parties maintain a pulse of leasing, capital projects, capital draws, etc.
• Prepare partner and or lender approval requests for leasing and capital related projects. These involve both qualitative and quantitative research and analyses.
• Respond to Lender, JV Partner, or Senior Management requests relating to asset performance and statuses. Review Lender covenant calculations for accuracy and inputs.
• In preparation for Investor calls and meetings, produce and distribute presentation materials.
• Model property-level cash flow projections utilizing Argus and Excel.
• Maintain integrity of Argus models which include leasing updates, capital activity, and market assumption changes.
• Handle any internal and external requests in a timely manner.
• Provide support for ad hoc requests and other cross departmental efforts.

Soft Skills/Behaviors:

• Excellent oral and written communication skills to successfully engage with other departments in order to gather required information. The ability to then distill and communicate this information effectively to the stakeholders.
• Excellent analytical and organizational skills; ability to implement efficient processes to coordinate and track data.
• High attention to detail.
• Service first attitude.
• Resourceful and responsive.
• A “can-do” attitude.
• Ability to prioritize and multi-task in a fast-paced environment.
• Desire to learn and grow skillset.
• Aptitude to learn new systems quickly.

Technical Skills:

• College degree with related real estate experience.
• 1-3 years of experience with an understanding of the retail asset class.
• Strong quantitative skills to evaluate asset performance and forecast.
• Strong analytical skills to identify results and trends, diagnose variances, and make recommendations for system improvements.
• Experience with Argus REQUIRED.
• Strong Excel modeling and formatting skills.
• Familiarity with PowerPoint and creating presentations

The expected salary range for this position is between $80,000 and $95,000. The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law.

About DLC:

Founded in 1991, DLC has been one of the nation’s preeminent owners, operators, and managers of shopping centers. Our portfolio includes millions of square feet of attractive retail space and continues to expand as we complete additional acquisitions.