Asset Management Analyst - Multifamily
Job DescriptionSalary: $110,000-$120,000 + Bonus
Hybrid Work Environment, 3 days in-office/2 days remote
Job Summary: The Asset Management Analyst is responsible for providing financial analysis and related support in executing operational strategies within MBK's asset management group, working on a portfolio of multifamily real estate assets. This role is critical in helping to drive the strategic growth and performance of the company's multi-family portfolio by providing advanced financial modeling, market research, and operational analysis. Successful candidates should demonstrate experience with leveraging a strong foundation in real estate development and finance, combined with strategic thinking, analytical rigor, and cross-functional collaboration, to deliver actionable insights that enhance portfolio value.
Duties & Responsibilities:- Conduct portfolio analysis to benchmark and improve investment performance.
- Monitor local market conditions including supply, demand, absorption, rents, and vacancy rates, and conduct research
- Support the annual operating and capital budgeting process. Utilize reports to evaluate asset performance against stated goals and communicate variances
- Monitor asset performance, including net operating income, cash flow and asset value fluctuations, while progressing towards achieving asset value maximization strategies.
- Generate and maintain proforma models to evaluate acquisition opportunities, joint ventures, dispositions, and recapitalizations.
- Perform scenario and sensitivity analyses to assess risk-adjusted returns, IRR, equity multiples, and DCF valuations.
- Prepare and regularly maintain detailed asset-level reports and dashboards for internal stakeholders and capital partners, with insights on NOI trends, and cash flow forecasts.
- Leverages a deep, specialized understanding of real estate finance-including IRR, DCF, joint-venture waterfalls, and capital markets-to perform complex analyses.
Education Requirements: - Bachelor's Degree in Real Estate, Finance, Business, Engineering, or other related field.
Experience Requirements (in years):- 2+ years related financial modeling experience with a strong understanding of financial and real estate concepts such as DCF, IRR, NPV, NOI, cap rates, etc, preferably in an institutional multi-family setting
- Must possess strong analytical mindset, as well as excellent written and verbal communication skills.
- Advanced proficiency in Excel financial modeling; including financial projections and scenario analysis.
- Strong understanding of real estate capital markets, financing structures, and value creation strategies.
- Proficient in return metrics (IRR, equity multiple, yield-on-cost) and how they relate to development risk and capital stack structure.
Required Competencies/Licenses/Certifications: - Microsoft Suite competency.
- Critical thinker with keen observation skills and an ability to draw conclusions in order to form actionable hypothesis.
- Excellent communication and presentation skills, with the ability to synthesize complex data for senior leadership.
- Strong financial literacy with the ability to interpret and analyze income statements, balance sheets, and other financial documents.
- Strong written and oral communication skills, interpersonal skills, and ability to work well with others.
Physical Demands & Work Environment:- Must be mobile and able to perform the physical requirements of the job, bending, kneeling, stooping, pushing, pulling and repetitive motion.
- Ability to sit and work at a computer for long periods of time.
- Able to move intermittently throughout the workday and between divisions.
- Ability to lift/carry up to 30 lbs. and push up to 20lbs. as necessary.
- Some travel required.
We offer a rich benefits package comprising of the following: competitive salaries with opportunities for growth; 401(k) retirement plan with up to 4% employer matching; comprehensive industry leading medical, dental and vision insurance; company-provided life, disability and AD&D insurance; flexible spending accounts, generous paid time off including vacation and sick time, holidays, and bereavement leave; and a variety of programs including leadership development, training, and personal coaching; education loan assistance and scholarships; daily living, financial and legal services; childcare and eldercare assistance; employee discounts; and health and wellness resources that include virtual yoga, mindfulness, and financial readiness for employees and their family members.
If you are ready to meet the challenges of this critical role, we want to hear from you!