Vice President, Investments & Portfolio Management

RCLCO; Santa Monica (CA); Hybrid; USD 130,000 - 160,000; Full time

Benefits offered by this job

Hybrid schedule

Healthcare coverage (medical, dental,視

Vacation & wellness time

401(k) plan

Commuting stipend

Job summary

RCLCO advises institutional investors on real estate strategies with a focus on disciplined underwriting and rigorous financial modeling. The Investments & Portfolio Management team, based in multiple US cities, develops strategies that maximize value across real estate cycles.

Candidates should bring 9–13+ years of experience, a Bachelor’s in real estate/finance/economics, and strong Excel-based analysis. The role offers a hybrid schedule and a competitive total compensation package.

Qualifications

• Bachelor’s degree in real estate, finance, economics with quantitative focus
• Internships or work experience showing quantitative analysis
• Strong Excel skills for financial modeling; Word & PowerPoint as well
• Excellent written and verbal communication
• Knowledge of CRE underwriting and valuation
• Ability to structure quantitative and qualitative problem solving
• Experience mentoring junior team members
• Ability to manage multiple projects simultaneously
• Senior housing and multifamily experience is a plus

Responsibilities

• Underwrite new investments for institutional clients across property types and locations.
• Analyze opportunities in operating companies, accounts, ventures, and funds.
• Evaluate potential partners based on track records and structures.
• Research industry trends and participants.
• Manage institutional client relationships.
• Review assets, performance reporting, and capital plans.
• Prepare reports for Investment Committee and clients.

Skills

Underwriting

Financial modeling

Real estate analytics

Portfolio management

Excel

Communication

Leadership

Multitasking

Education

Bachelor’s degree in real estate, finance, economics

Tools

Excel

Word

PowerPoint

Job description

RCLCO Fund Advisors ("RFA"), a division of RCLCO, is a SEC Registered Investment Advisor and leading real estate investment consulting firm that advises some of the world’s largest pension funds, sovereign wealth funds, and institutional investors. Providing tailored investment solutions by leveraging its deep understanding of market dynamics, RFA assists its clients in the implementation of their real estate strategy through the allocation and management of real estate capital across all real estate strategies and property types. RFA currently has approximately $88 billion of assets under advisement and has advised on over $11 billion of equity investments for its clients.

RFA builds upon our decades of experience and renowned expertise in applied real estate analysis to address the important and unique issues regarding real estate investing faced by institutional investors, including:

• Developing strategies that maximize value throughout the cycle through the development and implementation of investment ideas, pacing plans, policies, and risk management systems;


• Providing high quality and forward-looking investment analyses, including review of buildings, separate accounts, and funds and programmatic joint ventures that will provide superior risk- adjusted investment returns;


• Developing and implementing asset monitoring systems that identify and manage risk in existing portfolios on a timely basis to maximize value; and


• Providing strategic thinking regarding investment analyses, portfolio construction, and management through presentations, articles, and custom work for clients.

Position Summary:

RFA seeks qualified Vice Presidents for our Investments & Portfolio Management team, based in either Los Angeles, Denver, Washington, D.C., New York City, or San Francisco.

Key Job Responsibilities:

• Underwriting new investments on behalf of institutional investors (comprising over $50 billion in invested real estate equity) across multiple property types and locations, including the review of cash flow assumptions, pricing, fees, and preparation of discounted cash flow models including complex waterfall fee structures;


• Analyzing investment opportunities in operating companies, separate accounts, programmatic joint venture, and funds;


• Evaluating potential investment partners based on track records, strategies, pipelines, financial and operating structures, and management interviews;


• Research and develop knowledge of industry trends and participants;


• Institutional client and investor relationship management;


• Reviewing existing assets, including investment performance reporting, hold/sell analyses, budget reviews, capital plans, restructuring analyses, and appraisal reviews; and


• Preparing reports and presentations to communicate key findings and recommendations to Investment Committee and clients.

Preferred Qualifications:

• Bachelor’s degree in real estate, finance, economics, or with a demonstrated interest in quantitative analysis in the real estate industry;


• Work experience requiring quantitative analysis, either through multiple internships or working in the private/public sector;


• Proficiency in Microsoft Office applications including Word and PowerPoint, and particularly in the use of Excel for financial modeling and analysis;


• Excellent written and verbal communication skills;


• Demonstrated knowledge of commercial real estate underwriting and valuation;


• Ability to structure quantitative and qualitative problem-solving approaches, and attention to detail and accuracy;


• Experience managing junior team members on projects;


• Experience and ability to manage multiple projects at any given time under various time frames and constraints; and


• Experience with senior housing and multifamily preferred, but not required.

Years of experience, including internship or work study programs: 9-13+ years

Estimated annual base salary, depending on experience: $130-160K, plus annual bonus. Overall comp annually expected to be between $218K-$310K.

Our benefits package includes:

• Hybrid schedule flexibility, with team members in the office 3 days per week and the option to work fully remote 4 weeks each year


• 100% paid healthcare for employees, including dental and vision insurance (with the option to upgrade plans and add dependents at team member's expense)


• Competitive vacation and wellness/sick time provided annually


• Family planning and fertility benefits


• Employee stipend for continuing education and professional development


• Employer-paid family leave after one year of employment


• Commuting stipend for team members not driving to work


• Cell phone stipend


• Wellness benefits such as an Employee Assistance Program, standing desks available to all team members, in-office walking pads, and healthy snacks supplied in each office location


• Option to participate in FSA, HSA, and 401(k) plan


• Employer contribution to 401(k) annually


• Access to back-up childcare, elder care, pet care, and other in-home resources


• Enjoyment of hosted in-office lunches and social events on a regular basis


• Paid time off to volunteer

Equal Opportunity Employer - RCLCO is an EEO Employer who celebrates diversity - Drug-Free Workplace

RCLCO is committed to Diversity, Equity, and Inclusion and strives to cultivate a diverse working environment that respects and values individuals from a broad range of backgrounds and experiences.