Analyst (Asset Management)

Related•New York, NY

1d•Hybrid

About The Position

Related Commercial Management Company (“RCMC”) has become known as a leader in the real estate industry, providing exceptional, responsive property management and unparalleled services across each of its prestigious properties. Related’s Commercial Portfolio broadly ranges from Commercial Office, Mixed-use developments and retail centers. In addition to traditional property management services, RCMC closely analyzes existing market conditions, paired with its portfolio, to strategically procure best in class commercial service offerings. In doing so, RCMC consistently strives to enhance the livelihood of its Tenants, as well as all the surrounding neighborhoods at large. RCMC Portfolio: Hudson Yards | Related | Deutsche Bank Center | Related | 85 Tenth Avenue | Related The Analyst (Asset Management) position will serve as a key resource for analyzing data and taking ownership of strategic portfolio assignments. The individuals who comprise the team work in a collaborative manner to ensure the highest level of accuracy, and timeliness.

Requirements

Minimum of 1-3 years related work experience in commercial real estate, preferably with an owner, lender, manager, agency or real estate consulting group.
BS/BA degree required.
Proficiency in Microsoft Excel, Word and PowerPoint
Strong written and oral communication skills
Strong organizational skills with attention to detail
Demonstrated eagerness to learn contribute, and grow within the team
Ability to collaborate effectively with property management, portfolio leadership and ownership teams
A diplomatic and assertive approach, coupled with self-motivation
Curiosity and a willingness to explore new approaches and solutions

Nice To Haves

Argus experience preferred.
Basic knowledge of finance, operations and accounting principles in commercial real estate, with a willingness to learn; commercial office or retail knowledge is a plus.

Responsibilities

Develop and update forecasting models and budgets including cashflow analyses for existing portfolio utilizing both ARGUS and excel
Work closely with the portfolio management team to contribute to standard monthly, quarterly and annual financial reporting packages
Assist with in preparing asset management reporting
Lead the monthly variance to budget reporting process and generate monthly, quarterly and annual portfolio performance reports
Analyze commercial portfolio operations, business plans, capital investments, and sales & marketing plans in order to identify and implement operational cost savings and revenue maximization strategies across the portfolio
Contribute to the preparation of annual property budgets for assigned properties with input from property management and operations teams
Contribute to the further development and improvement of existing reporting and data efficiencies tools
Review and manage capital plans and budgets from the properties and track long-term capital budgets
Review, understand, and ensure compliance with all major documentation impacting the assets including, loan agreements, management agreements, contracts and major leases.
Work closely with portfolio leadership to identify challenges and execute timely and effective solutions
Keep informed of industry trends – both macro and micro – and form opinions on how such trends may impact the commercial portfolio
Perform ad-hoc analyses and produce deliverables for all verticals of the commercial portfolio
Travel to the properties, as necessary to meet with management teams
Perform other duties as assigned