Real Estate Investment Analyst or Real Estate Senior Investment Analyst

Teacher Retirement System of Texas (TRS)•Austin, TX

1d•Onsite

About The Position

With the Investment Management Division (IMD), you will be joining a diverse group of achievers who celebrate the unique value individuals bring to support our shared cause: earning trust and contributing to the financial future of 2 million public education employees and retirees throughout Texas. Navigating the current market environment takes innovation and we’re passionate about stewarding the right investments to make an impact both in the lives of our members and all Texans. We invite you to partner with the best financial minds in the business to manage a global portfolio of over $200 billion in public and private investments. Our success starts with you. The Real Estate Investment Analyst/Senior Investment Analyst performs and assists with investments research and analysis work. The incumbent will assist Real Estate management and staff with fundamental and statistical research and analysis, and in performing due diligence for potential investments. This position will work proactively with the Real Estate team and IMD staff. This position reports to the Managing Director of Real Estate. Please include a cover letter with your application in order to be considered for the position.

Requirements

Bachelor's degree from an accredited college or university with major coursework in business administration, finance, accounting, operations research, math, information technology, liberal arts or a related area.
None (For Real Estate Investment Analyst)
One (1) year of full-time professional experience in private equity, real estate investments, or experience involving a high degree of skill in data analysis and evaluation, such as financial analysis, engineering, or statistics. (For Real Estate Senior Investment Analyst)
None.
Knowledge of Investment concepts, terminology, styles, models, strategies, and fundamental investment factors.
Knowledge of Statistical concepts, methods, and models, and their application to investments.
Skills in Using a computer in a Windows environment with word processing, spreadsheet, presentation, database, and other business software to prepare correspondence, spreadsheets, charts, and reports.
Skills in Conducting data searches and evaluations of large amounts of information, performing complex statistical analysis of the data, and preparing concise and accurate reports and written/oral recommendations.
Skills in Planning, organizing, and prioritizing work assignments to manage a high-volume workload in a fast-paced and changing environment, and in completing detailed work with a high degree of accuracy.
Skills in Verbal and written communication of complex information that is accurate, timely, and based on sound judgment.
Ability to Establish and maintain harmonious working relationships with co-workers, agency staff, and external contacts.
Ability to Work effectively in a professional team environment.

Nice To Haves

Preferred Master's degree may substitute for one (1) year of the required experience.(For Real Estate Senior Investment Analyst)
Experience in institutional investment research, real estate, accounting, financial analysis, statistical analysis, or a related field. (For Real Estate Senior Investment Analyst)
Master of Business Administration (MBA) or Master's degree related to finance. (For Real Estate Senior Investment Analyst)
Experience in the Acquisitions or Asset Management group at an institutional real estate investment firm, institutional real asset investor, investment bank, or similar. (For Real Estate Senior Investment Analyst)

Responsibilities

Assists in performing fundamental and statistical investment analysis for potential real estate investment opportunities, including basic investment computations (i.e., return multiples, correlations, volatility analysis, attribution analysis, etc.), using any reliable printed or electronic media, partnership offering memoranda, and one on one contact with general and limited partners.
Assists investment managers in conducting strategic research, asset allocation analysis, and/or risk management.
Assists investment managers in analyzing performance attribution using proprietary models.
Assists in conducting investment research on various sectors, companies or geographies using computer databases.
Assists in researching and analyzing national, international, macro/micro economic, and/or business conditions that directly affect TRS' real estate investments.
Provides timely written or oral reports of analysis and recommendations to Investments staff and management.
Assists investment managers in performing due diligence research and analysis for potential real estate investment opportunities and/or external strategies.
Assists in evaluating portfolio diversification by geography, industry, and sub-asset class.
Assists in the maintenance/improvement of existing and in the development of new quantitative and valuation models and techniques for investment diversification and risk management.
Consults or coordinates with investment managers, external managers, analysts, investment accounting, legal counsel, custodian, and third-party advisors and consultants.
Ensures that the agency Ethics Policy is adhered to in relationships with general partners, external managers, brokers, research suppliers, and other vendors.
Works with TRS portfolio management systems such as DealCloud and PowerBI.
Performs related work as assigned.