Senior Associate Private Equity Real Estate

Thrivent•Minneapolis, MN

14d•Onsite

About The Position

We exist to help people achieve financial clarity. At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given. At our core, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our clients. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow. Job Summary The Senior Associate in private equity real estate (PERE) is a key member of the PERE team, responsible for supporting the underwriting, structuring, execution, and monitoring of commercial real estate investments across asset classes and geographies. The role is highly analytical and offers exposure to portfolio monitoring and reporting, investment underwriting, and due diligence, while working closely with investment professionals at all levels. This role leads analytical work for the team, with a focus on portfolio modeling, market analysis, and supporting the risk management process through execution. In general, the position supports the PERE senior analyst(s) and managing director. This position’s responsibilities overlap with the Associate role but with more self-direction and project ownership.

Requirements

Minimum of bachelor’s degree in finance, real estate, economics, accounting, or a related field, with strong academic performance
Four or more years of relevant experience in commercial real estate, investment banking, lending, or consulting.
Demonstrated understanding of real estate markets, valuation, and transaction processes.
Advanced Excel skills and strong real estate financial modeling capabilities; experience with Argus and major real estate data platforms preferred.
Strong analytical and quantitative skills, high attention to detail, and ability to manage multiple projects under tight deadlines.
Clear written and verbal communication skills and comfort preparing materials for senior investment professionals and investors.
Proactive, self-directed team player with high integrity.

Nice To Haves

Master’s degree in real estate, finance or economics preferred.

Responsibilities

Independently monitor or provide oversight to associate in monitoring the performance of existing investments, track funds, and underlying property metrics, and developing strategies for portfolio optimization.
Independently monitor or provide oversight to associate in monitoring financial (Excel and Argus) modeling for both current portfolio and new deal activity.
With minimal oversight, research markets and submarkets, real estate sectors, and real estate fund opportunities.
Update ongoing asset models and dashboards, comparing actual performance to underwriting.
Underwrite private real estate equity fund investments as member of the deal team.
Assist in preparing clear, well-organized investment committee materials and presentations that summarize business plans, key assumptions, risks and return profiles.
Participate and collaborate in making investment recommendations and decisions.
Participate in managing general partner relationships and sourcing new opportunities.
Lead special projects.

Benefits

various bonuses (including, for example, annual or long-term incentives); medical, dental, and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits, and other employee benefits.

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