Associate Director Community Investments (AAM)

Salary depends on experience
Posted on 08/17/17
Cedar Rapids, IA
5 - 7 years experience
Financial Services
Salary depends on experience
Posted on 08/17/17

Job Description Summary

Company Overview:
This position will be with AEGON Asset Management, the organization which oversees asset management for many of Transamerica's insurance and operating companies as well as third party clients. The global AEGON Asset Management organization has operations in Europe, the United States and Asia. Primary offices in the United States are located in Cedar Rapids, IA, Chicago, IL and Baltimore, MD. AEGON Asset Management and Transamerica are both part of the AEGON NV group of companies. The legal entities that comprise AEGON Asset Management US are AEGON USA Realty Advisors, LLC and AEGON USA Investment Management, LLC. AEGON USA Realty Advisors, LLC manages commercial real estate, commercial mortgage loans and other real estate related investments. AEGONUSA Investment Management, LLC, is a registered investment adviser that manages fixed income assets, including public bonds, private placements, derivatives and alternative investments.

Position Overview: TheAssociate Director will assist the CommunityInvestments Group by structuring, negotiating, underwriting and closingtax credit transactions. TheAssociate Director will identify and ensure that the core benefits andrisks of a proposedinvestment align with the company’sinvestment criteria and based on that analysis will prepare and recommend theinvestment to Aegon’s Real EstateInvestment Committee. It is expected that theAssociate Director will be able to perform many of its coreresponsibilities, identified below, with limited supervision.

Job Description

Responsibilities:

  • Make sound investment recommendations and present to real estate investment committee for approval
  • Preparing investment committee packages
  • Financial modeling
  • Review project documents; identify risks and understand tax related Low Income Housing Tax Credit issues
  • Researching and evaluating market data, which may require travel to review comparable real estate sites in the market, site visits on proposed investments along with developers’ existing projects
  • Coordination with internal and external consultants on due diligence reviews
  • Collecting and reviewing project-specific documentation and working with internal and external counsel to achieve a timely close
  • Provide project information to junior staff for Salesforcedatabase input
  • Work with and provide information, as needed to the Distribution and Client Management group and respond to investor inquiries as necessary
  • Training, assigning tasks and managing work product of junior staff
  • Special projects will be assigned as needed by manager

Required Qualifications:

  • Undergraduate or graduate degree with an emphasis in finance, accounting, mathematics, real estate, business and/or economics
  • Four (4) to six (6) years of work experience in real estate with a focus on multifamily housing, preferably with a financial institution, private equity firm or a low income housing tax credit syndicator

Preferred Qualifications:

  • Strong working knowledge of Excel and Word
  • Strong communication, interpersonal and organizational skills
  • Ability to exercise sound and independent judgment as well as work independently
  • Ability to travel

R20007208

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