Asset Management Operations-Commercial Real Estate Execution & Closing-Dallas-Senior Associate

ASSET MANAGEMENT

The Asset & Wealth Management Division (AWM) invests in corporate equity and debt real estate equity and debt and infrastructure-related assets and companies. The Asset Management Private investing business operates on a global platform and our team works in a fast-paced exciting environment. We look for individuals with versatile skills and a passion for investing.

YOUR IMPACT

The Asset Management Division (AWM) Real Estate Operations team is seeking an Associate to join the Real Estate Core Services team offering dedicated support for theclosing of Real Estate transactions. The ideal candidate will have at least 5-7 years of experience closing commercial real estate related transactions. Experience with both direct real estate transactions and lending/borrowing transactions is preferred. AWM is focused on a wide range of real estate activities and transactions including acquisition disposition financing (both lending and borrowing) construction development and asset management. Asset classes include office retail multifamily hospitality and industrial. The Closer position will provide support for many facets of the closing process related to these types of transactions as well as general transaction project organizational project management and customer service skills are required. The candidate must be a self-starter have excellent verbal and written communication skills be proficient in Word and Excel and enjoy working in a team environment.

OUR IMPACT

The Real Estate operations team members will become subject matter experts within Operations who play a critical role in establishing new processes transitioning functions from other parts of the business whilst supporting bespoke and varied transactions. New products/ business entity creation trade support & settlement asset servicing infrastructure enhancements and cross-regional co-ordination are core activities. The scope of the role and team is expected to evolve and expand as functions transfer into the team and scope of the real estate investment mix changes.

HOW YOU WILL FULFIL YOUR POTENTIAL

This is an exceptionally diverse role that entails collaboration with Investing Professionals Portfolio & Asset Managers Capital Markets Strategists Controllers Legal Technologists Risk Credit Tax Compliance & cross Operational groups.

The successful individual will be expected to work in a team of professionals and be able to be commercial critical & creative whilst ensuring the highest level of risk management.

• Gain an in depth & comprehensive understanding of a wide range of real estate investments processes bespoke transactions and corporate practices / governance
• Partner with the Business and Federation to provide subject matter and system knowledge expertise
• Exhibit excellent judgement & problem solving skills particularly in the context of a new team with or without existing precedents

SKILLS AND EXPERIENCE WE ARE LOOKING FOR

• Bachelors Degree or equivalent
• 5-7 years experience in a similar role with experience in closing Real Estate Transactions
• Review and abstract purchase and sale agreements and monitor thedue diligence process and critical dates from term sheet/contract execution to closing
• Order and review title commitments/updates surveys and zoning reports assist with curing defects
• Order appraisals and ensure compliance with appraisal policies
• Work with outside counsel on document preparation
• Work with internal business teams to ensure transaction process follows compliance guidelines
• Manage document execution and delivery
• Preparation of closing statements including income and expense proration schedules
• Liaise with the title company and external counsel on closing requirements
• Prepare sources and uses of funds to calculate equity contributions
• Monitor cash flow