Quantitative Jobs in Berkeley, CA

Senior Investment Analyst, Real Estate Funds

The University of California, widely considered to be the world's premier public research university, is dedicated to excellence in teaching, research, and public service. The University of California Office of the President is the headquarters of its 10 campuses, six academic medical centers, and three national laboratories. Working at the University of California makes you part of a unique institution and a vibrant and diverse community. We are passionate people, serving the greater good.

The Office of the Chief Investment Officer of the Regents of the University of California (UC Investments) manages more than $200 billion of endowment, retirement, and working capital assets under the policies, guidelines, and performance benchmarks established by the UC Board of Regents. Our mission and our fiduciary duty compel us to always act in the best financial interests of the University of California and to uphold an agile and creative culture of respect and collaboration.

The UC Investments real estate team manages an $11 billion portfolio that is expected to grow significantly over the coming years. The Senior Investment Analyst Funds will be responsible for supporting the team as it executes primary and secondary fund commitments, co-investments, and direct investments on a global basis. The role emphasizes overall analysis of fund investments for inclusion in the portfolio as well as ongoing monitoring and engagement with our asset managers and portfolio companies. UC Investments is a small team that believes strongly in collaboration. In addition to supporting the real estate team, the Senior Investment Analyst will frequently collaborate with colleagues across our private and public markets teams.

Responsibilities

• 70% Investment Management: Oversee a portfolio of general partner relationships, including both funds and co-investments, with accountability for reviewing quarterly reporting, producing bi-annual monitoring reports, attending annual meetings, visiting portfolio companies, and processing waivers/consents.
• Analyze and conduct due diligence on primary funds and co-investments, including leading underwriting efforts, performing quantitative analysis, preparing investment memos, coordinating third party transaction support, and structuring/negotiating legal documents.
• Build and develop a database of funds and portfolio companies to support comparable analysis and provide market intelligence.
• Develop a network of peer professionals from the GP, LP and service provider communities.
• 15% Risk Management: Analyze and manage risk within the overarching "Risk Rules" framework at UC Investments, which emphasizes leverage, liquidity, concentration, and worst-case downside risk.
• Consult with the co-heads of real estate on the overall impact of an investment on the risk reward of the entire portfolio.
• Monitor capital calls and distributions and contribute to liquidity risk management within the portfolio.
• 15% Other Duties: Support UC student and faculty engagement initiatives, such as the UC Investments Academy.
• Lead projects and assignments, as requested. These projects may include but are not limited to providing performance attribution, creating presentation materials, project management, and drafting memos and letters.
• Provide additional support to other asset classes or senior leadership on an as-needed basis.

Qualifications

Required Qualifications Strong quantitative skills that can be applied to generate independent analysis, build financial models, and integrate external quantitative data into internal systems. Review the quantitative work of other team members. Prior professional experience in consulting, corporate development, investment banking, and/or real estate Excellent communication skills, including the ability to identify pertinent questions to elicit information and understanding from internal and external partners, as well as the ability to clearly articulate investment decision processes and results in a timely fashion. Proficient at prioritizing multiple tasks and planning/managing projects in their entirety while ensuring they are delivered on time. Ability to apply business/investment judgment when some data points are not provided. Ability to develop investment forecasts. Ability to modify decisions based on updated forecasts and changing data points.

Preferred Qualifications Prior experience with the evaluation and purchases of limited partner interests Strong financial modeling skills and fluency in understanding financial statements and models. Working knowledge of limited partner legal agreements, real estate legal agreements, and key economic terms that affect investments. Proficiency at relationship management and ability to build and utilize extensive personal network of industry contacts.

Education

Required Bachelor's degree in related area and a minimum of five (5) years of relevant work experience and/or equivalent experience/training. Graduate Degree (e.g. MBA or JD) and/or CFA or equivalent professional certification

Special Conditions

The selected candidate will be required to report to work onsite in Oakland as business needs dictate.

Salary and Benefits

Job Title Senior Investment Analyst (UCOP Job Classification REAL ESTATE INV ANL 3) Job Code 005962 Salary Grade Grade 43 Payscale: $165,000 - $200,000 The University of California, Office of the President, is required to provide a reasonable estimate of the compensation range for this role. This range reflects a wide range of factors that are considered in making compensation decisions including but not limited to experience, skills, knowledge, abilities, education, licensure and certifications and other business and organizational needs. It is not typical for an individual to be offered a salary at or near the top of the range for a position. Salary offers are determined based on final candidate qualifications and experience. The full salary range shows the growth potential for this position and the pay scale is the budgeted salary or hourly range that the University reasonably expects to pay for this position. Benefits: For information on the comprehensive benefits package offered by the University visit: Benefits of Belonging