Associate, Real Estate Equity Asset Management

Associate, Real Estate Equity Asset Management

At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.

Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct acquisition, we provide innovative solutions and access to differentiated opportunities across public and private capital markets and across the risk/return spectrum. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific.

Primary Responsibilities:

• Maintain valuation models for assigned assets with newly executed leases and make adjustments to market assumptions and valuation parameters, as appropriate
• Support Acquisitions team by underwriting and analyzing potential acquisitions using complex ARGUS and Excel cash flow projection models
• Evaluate economic, demographic, and real estate market data for both portfolio assets and new investment opportunities
• Coordinate quarterly valuations with asset managers, regional director and appraiser. Review external appraisals and work with asset managers to reconcile valuation issues.
• Prepare and assist in presenting investment committee presentations
• Analyze lease transactions, including calculation of net effective rents and impact on value
• Assist with annual budgets and business plans, quarterly reports and ad hoc reporting requirements
• Assist with acquisitions, dispositions, and financings, including compilation and dissemination of due diligence information
• Maintain and update regional portfolio reports
• Report to Regional Asset Management Lead and Asset Managers, as applicable
• Participate in regularly scheduled property leasing calls and meetings
• Develop a deep knowledge of all assigned assets
• Ensure accuracy of the property rent roll and commercial space tracking system (VTS)
• Monitor and analyze the performance of property investments through monthly financial reports and IRR of hold/sell modeling
• Communicate and collaborate with investment sales brokers, developers, and operators to identify, evaluate, and execute opportunities
• Support ESG efforts across managed portfolio

Qualifications:

• 0-3 years of commercial real estate investment analysis or valuation experience
• Bachelor's degree required, preferably with a business, finance or real estate emphasis
• Advanced proficiency in Microsoft Excel required, and with ARGUS as a plus
• Proficient knowledge of finance and real estate investment terms and concepts
• Strong quantitative and analytical background
• Strong verbal and written communication skills
• Must be able to work independently while still functioning well in a team
• Develop strong and effective relationships both internally and externally
• Keen attention to detail and the ability to manage to aggressive deadlines
• Ability to prioritize and manage multiple tasks
• Excellent problem solving skills
• Willing to travel as needed

Requisite Skills: Commercial Real Estate, Due Diligence, Microsoft Excel, Underwriting, Valuation Modeling

Additional Skills: Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.

Barings offers a comprehensive benefits package including:

• Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
• Fitness Center Reimbursement Program (Including Online Memberships)
• Employee Assistance Program (EAP)
• Fertility Benefits
• Highly competitive 401(k) Plan with Company Match
• Health Savings Account (HSA) with Company Contributions
• Flexible Spending Accounts (FSA) - Health Care & Dependent Care
• Retirement Health Reimbursement Account
• Basic and Supplemental Life Insurance
• Spouse and Child Life Insurance
• Paid Vacation, Sick Days and Annual Holidays
• Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
• Short and Long Term Disability Plans
• Paid Volunteer Time
• Education Assistance Program
• Charitable Matching Gifts Program
• Commuter Reimbursement Program
• Adoption and Surrogacy Reimbursement Program