Sr. Associate, Asset Management (DebtPrivate Credit)
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Job Location:
Dallas, IA - USA
Monthly Salary:
Not Disclosed
Posted on:
6 hours ago
Vacancies:
1 Vacancy
Job Summary
Brio Real Estate is a Blackstone Real Estate portfolio company focused on real estate credit.Brio supports Blackstones Real Estate Debt Strategies (BREDS) investments across the company provides support across key functions including corporate transaction and management services. The critical infrastructure and capabilities Brio provides for BREDS allows for effective support in the management of its global portfolio.
Today BREDS has more than $76 billion of investor capital across high yield / opportunistic real estate credit funds a publicly traded Mortgage REIT and liquid securities strategies. BREDS is part of Blackstone Real Estate the largest owner of commercial real estate globally owning and operating assets across every major geography and sector.
Position Overview:
We are seeking a Sr. Associate Asset Management (Debt/Private Credit) to work with other team members to deliver thoughtful detail-oriented best-in-class service to our client. The candidate will be responsible for providing timely accurate and actionable information for analysis in support of the Asset Management platform across debt structures and multiple property types (office retail industrial multifamily student-housing hospitality). This role includes interfacing with Borrowers Servicers and client representatives so the candidate must possess awareness and ability to interact with others in a professional manner. The ideal candidate will be able to thrive in a collaborative work environment but must also possess the drive and initiative to succeed in an independent work environment and must be willing to ask questions whenever certain concepts and/or assignments are not understood.
Principal Responsibilities:
- Establish and maintain deal cash flow projection models and quarterly/annual valuation models.
- Coordinate and review Borrower requests in a timely and thorough manner.
- Prepare quantitative analysis of budgeted actual and projected cash flows.
- Complete various ad hoc financial analysis and data requests in a timely manner when requested.
- Monitor and review progress of business plans and capital budgets.
- Complete review and analysis of proposed industrial office and retail leases.
- Monitor covenant compliance per loan documents.
- Review and analysis of monthly quarterly and annual operating statements and rent rolls.
- Review and analysis of annual operating and capital budgets.
Required Qualifications:
- Bachelors Degree in real estate finance or accounting.
- 2-4 years of relevant work experience.
- Desire to succeed in a team-structured fast-paced environment.
- Understanding of commercial real estate transactions and industry terms.
- Understanding of commercial real estate valuation principles and concepts.
- Understanding of real estate property types and related lease types.
- Ability to multi-task and meet deadlines.
- Strong analytical and mathematical skills.
- Strong written and oral communication skills.
- Proficiency in Microsoft Excel Word and Outlook.
- Ability to travel 5%.
Preferred Qualifications:
- Knowledge of property insurance and tax.
- Advanced Excel skills.
EEO Statement
Brio Real Estate is an equal opportunity accordance with applicable law we prohibit discrimination against any applicant employee or other covered person based on any legally recognized basis including but not limited to: veteran status uniformed servicemember status race color caste immigration status religion religious creed (including religious dress and grooming practices) sex gender gender expression gender identity marital status sexual orientation pregnancy (including childbirth lactation or related medical conditions) age national origin or ancestry citizenship physical or mental disability genetic information (including testing and characteristics) protected leave status domestic violence victim status or any other consideration protected by federal state or local law. We are committed to providing reasonable accommodations if you need an accommodation to complete the application process please email
Required Experience:
Senior IC
Key Skills
- Portfolio Management
- Wealth Management
- Financial Services
- Hybris
- Microsoft Word
- Banking
- Cash Management
- Data Management
- Microsoft Powerpoint
- Securities Law
- Microsoft Excel
- Internet Of Things
