Sr. Analyst, Advisory

Altus Group•Morristown, NY

1d•Hybrid

About The Position

Our Valuation, Advisory/Analytics group is looking for a new Real Estate Valuation Senior Analyst to join our team. This is a hybrid model position and will be based out of the New York office. You will be part of a collaborative and dynamic team, gaining experience in the business of appraisal, appraisal review and appraisal management for all property types. This is an exciting opportunity for you to get exposure to different asset types. You will also learn how to set up and manage the client workflow process and work with Argus ValueInsight. If you are seeking the chance to learn more about the real estate industry from a global leader where you will have the opportunity to gain a wealth of experience and take advantage of the opportunity to build your network, come join us!

Requirements

A Bachelor's degree in Real Estate, Finance, Economics, Accounting, or a related field.
Experience of 2-5 years in Commercial Real Estate Valuation, Asset Management, Acquisitions, or Underwriting.
Strong skills in business writing, research, quantitative and analytical skills to complete an end-to-end appraisal review.
Proficient Excel (x-lookups, pivot tables, DCF models) and familiar with ARGUS Enterprise.
Proactive, resourceful, and committed to continuous learning and certification.
Effective communication, collaboration, and the ability to convey technical information to non-technical stakeholders.
Willingness to work outside regular hours.

Responsibilities

Prepare cash flow models using ARGUS Enterprise.
Learn to prepare the Sales Comparison and Cost approaches for an appraisal report, which includes researching recent sale transactions and completing a replacement cost estimate using Marshall and Swift data.
Learn and apply the administrative tasks that drive the Altus - client process appraisal process and gain insights into the market analysis and valuation of client properties.
Contribute to Argus ValueInsight, setup, scheduling calls, drafting engagement letters between clients and third-party appraisers.
Learn to prepare a market analysis for a property, which includes gathering and analyzing data about the market and submarket and determining market rent based on recent leases at comparable properties and at the subject.
Learn to apply judgment and gain knowledge on data gathering and learn to determine reasonable valuation assumptions such as market rent and market rent growth.
Learn to review third-party appraisal reports as part of the valuation management process, which includes reviewing the ARGUS Enterprise cash flow model for factual and market assumptions, reviewing the appraisal reports, and comparing the valuation metrics to the benchmark data.
Learn the use of best judgment and knowledge to determine the reasonableness of the valuation and ensure that the appraisal reports comply with USPAP and state regulations.
Complete On-Boarding Training (Core Competency Training, Business Practices and Ethics & USPAP & Basic Appraisal Principles and Procedures) and become ARGUS Certified.
Build awareness of Due Diligence for clients’ acquisitions.