Investment Analyst Intern (Real Estate)

Utah Retirement Systems•Salt Lake City, UT

1d•Onsite

About The Position

Utah Retirement Systems provides financially sound retirement and 401(k)/457 investment benefits, as well as comprehensive health and dental, disability, and life insurance benefits to active and retired Utah public employees and their beneficiaries. The URS Investment teams manage equity, credit/fixed income, absolute return, real assets, and private equity globally across both public and private markets. During the course of the internship, interns are expected to become an extension of the URS investment team. Interns are challenged with projects that stimulate creativity and analytical thinking to solve real investment issues. Projects include participating in due diligence on both prospective and existing investments, conducting analysis, and various other projects related to managing a $40+ billion pension plan. Interns participate in all aspects of the investment process to create value for the portfolio and to further their education and growth.

Requirements

Actively pursuing an undergraduate or graduate degree in a business field with an emphasis in real estate.
Work experience in real estate acquisitions, appraising, leasing or property management.
Introductory knowledge of Microsoft Office Suite.
Introductory knowledge of Access, Visual Basic, SQL, and Bloomberg.
Introductory knowledge of Argus or similar real estate underwriting software.
Working knowledge of Accounting; auditing principles and techniques.
Introductory knowledge of Financial theory and statistical measures.
Basic knowledge of investments and portfolio management practices such as: portfolio finance and investment methods and concepts.
Knowledge of investment performance measures.
Knowledge of Financial forecasting.
Knowledge of Portfolio sensitivity and risk analysis.
Excellent communication skills: Communicate effectively both verbally and in writing.
Ability to establish and maintain effective working relationships with colleagues.
Ability to follow written and verbal instructions.
Ability to prioritize work.
Ability to perform within deadlines.
Ability to work well in a team environment as well as independently.
Ability to multi-task by handling a variety of duties in a timely and efficient manner.
Ability to follow through with assignments.
Ability to deal effectively with stress caused by workload and time deadlines.
Must always demonstrate judgment, high integrity, and personal values consistent with the values of URS.
Will submit to the URS Investment Compliance Officer a record of trade confirmations or monthly transaction summaries, as they become available, of all security transactions (excluding mutual funds), in any account under the employee’s control and direction, or under the control and direction of the employee’s spouse.

Nice To Haves

Preference will be given to graduate degree candidates.

Responsibilities

Provides support to the investment team with analysis and due diligence on real estate investments.
Supports the staff in evaluating, monitoring, and making recommendations in the context of portfolio objectives, market conditions, performance, and other considerations.
May perform similar functions related to externally-managed investments.
Gathers and organizes information generated during the due diligence process.
Participates in due diligence phone calls and meetings.
Compiles materials for Investment Committee presentations.
Assists with investment-related research projects as needed.
Works with investment team to define project scope and objectives.
Gathers relevant information from a variety of internal and external resources.
Contributes to presentation of research findings and project implementation.
Prepares research papers and analysis on market activity and portfolio sensitivity to various risks.
Prepares research papers and analysis on market innovations and potential portfolio solutions.
Prepares research papers and analysis on other projects as needed.
Assists in producing timely and accurate reports for investment department.
Promotes cooperation among departmental staff and with outside advisers.
Maintains regular and reliable attendance.
Maintains strict confidentiality.
Performs other related duties as required.