Asset Management Associate

PIMCO • New York, NY

377d

About The Position

The Asset Management Associate at PIMCO plays a crucial role in the oversight and proactive management of Commercial Real Estate (CRE) debt investments. This position involves working closely with senior team members to maximize value and minimize risk across a diverse portfolio of debt investments, leveraging PIMCO's extensive expertise in real estate debt opportunities.

Requirements

• 2-4 years of relevant real estate investment banking or private equity experience
• Asset-level underwriting experience highly preferred
• Exceptional financial modeling skills and proficiency in Argus
• Outstanding academic credentials and demonstrated leadership capabilities
• Strong work ethic and integrity, proactive and self-motivated team player
• Strong analytical, interpersonal communication, and writing skills
• Ability to work effectively on multiple projects simultaneously
• Desire to join an entrepreneurial team and grow along with the platform
• Positive attitude and eagerness to learn

Responsibilities

• Assist in the ongoing and pro-active asset management of a portfolio of debt investments up and down the capital stack to maximize value and minimize risk
• Develop excel models projecting project level cash flows, borrower returns, lender returns, and fund level returns
• Draft and negotiate term sheets and loan documentation
• Prepare detailed Investment Committee memos and presentations
• Lead and/or manage due diligence of new investments, including market research, broker calls, third party reports, financial statement audits, lease reviews
• Lead and/or manage closing execution of new investments, coordinating with internal and external stakeholders, consultants, and investors
• Capital Markets execution and coordination
• Develop and work with financing sources to procure leverage for fund investments (e.g. loan-on-loan, senior/mezz, A/B)
• Support asset management of fund investments, including developing and executing business plans, and managing relationships with sponsors, financing sources, and third party service providers

Benefits

• Base salary range: $135,000.00 - $185,000.00
• Discretionary bonus based on performance

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Management of Companies and Enterprises
• Education Level: No Education Listed