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 theyve 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 todayand 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 general the position supports the PERE senior analyst(s) and managing director.
This positions responsibilities overlap with the Associate role but with more self-direction and project ownership.
Job Responsibilities and Duties
- 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.
Job Qualifications
Required:
- Minimum of bachelors 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.
Preferred:
- Masters degree in real estate finance or economics preferred.
Additional Information
- This position requires you to work on-site in Minneapolis MN.
Pay Transparency
Thrivents long-term growth depends on attracting rewarding and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract reward and retain top talent. The applicable salary or hourly wage range for this full-time role is $120467.00 - $162984.00 per year which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including but not limited to location relevant experience skills and knowledge business needs market demand and other factors Thrivent deems important.
Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives. That extends to our benefits.
The following benefits may be offered: 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. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivents plans/policies are subject to change at any time at Thrivents discretion.
Thrivent provides Equal Employment Opportunity (EEO) without regard to race religion color sex gender identity sexual orientation pregnancy national origin age disability marital status citizenship status military or veteran status genetic information or any other status protected by applicable local state or federal law. This policy applies to all employees and job applicants.
Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation please let us know by sending an email toor calland request Human Resources.