Associate, Portfolio Management

Company: NAIOP SoCal
Location: Newport Beach
Posted on: November 6, 2024

Job Description:

Location(s): Newport Beach, CaliforniaTime Type: Full-TimeJob Requisition ID: R-6656As one of the world's leading asset managers, Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world.Job DescriptionJob Purpose (Job Summary): The role of the Associate is to provide direct support to Portfolio Managers across various credit strategies along with broader support to the Portfolio Management, Originations, and Capital Markets teams in their execution of Invesco's real estate credit strategies.Key Responsibilities / Duties:

• Monitor loan-level performance and ongoing execution of property-level business plans across the portfolio by working closely with the loan asset management team.
• Forecast fund-level performance/returns based on projected fund liquidity analysis, loan performance, repayment assumptions, and valuations of loans.
• Oversee portfolio-level loan composite and track record models in collaboration with fund operations and loan asset management teams.
• Maintain, or create as necessary, portfolio level summary reports to manage or analyze portfolio performance, diversification, risk mitigation, etc.
• Develop, maintain, and analyze portfolio analytics for purposes of new loan originations, valuations, and financing strategies.
• Manage credit allocation log and worksheet process on an ongoing basis.
• On an ad hoc basis, underwrite new debt transactions entering (as pipeline necessitates) and work with the team to manage the loan origination process throughout the various stages of due diligence and syndication.
• Assist with quarterly valuations of loans and underlying collateral with third-party valuation firms.
• Facilitate the reporting process for clients to ensure accurate and timely reporting by all responsible parties, including Monthly and Quarterly reports.
• Assist with client requests and inquiries (qualitative and quantitative).
• Prepare presentations related to fund strategy and portfolio performance for internal committees.
• Assist with preparing and updating pitchbooks for clients in collaboration with fund operations and marketing teams.
• Maintain a working knowledge of clients' goals, objectives, and investment guidelines to ensure compliance.
• Ad hoc support for clients, portfolio management, and Invesco.
• Other duties as assigned, such as one-page loan summaries, etc.Work Experience / Knowledge:
  • Minimum of 3 years of hands-on experience preferred in one or more of the following disciplines: Real Estate Credit/Lending, Real Estate Portfolio/Fund Management, Real Estate Acquisitions.
  • Good understanding of the investment fundamentals of Institutional Real Estate.Skills / Other Personal Attributes Required:
    • Strong financial and analytical skills with an eye for details.
    • Excellent organizational and time management skills.
    • Excellent verbal and written communication skills; solid business writing skills are critical.
    • Ambitious and tireless self-starter; resourceful and independent.
    • General understanding of accounting principles (balance sheet, income statement, variance analysis).
    • Proactive; act with a sense of urgency with internal and client requests.
    • Excellent interpersonal skills in a team-oriented environment; low ego team player.
    • Must be confident and comfortable expressing an opinion that may be different from others within Invesco.
    • Solid practical understanding of real estate investment concepts - appreciation of broader investment (stocks, bonds, etc.) concepts a plus.
    • Experience with real estate credit a plus.
    • Proficient in Microsoft Excel, PowerPoint, Word, Argus.Formal Education:
      • Undergraduate degree from a top-tier University.
      • MBA or CFA not required but a plus.The total compensation offered for this position, which includes salary and incentive pay, will vary based on skills, experience, and location. The salary range for this position in California is $95,000 to $110,000 annually.Full Time / Part Time
        • Full-Time.Worker Type
          • Employee.Job Exempt (Yes / No)
            • Yes.Workplace ModelAt Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office.What's in it for you?Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:
              • Flexible paid time off.
              • 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution.
              • Parental Leave benefits.
              • Employee stock purchase plan.The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.About UsAs one of the world's leading asset managers, we are solely dedicated to delivering an investment experience that helps people get more out of life. If you're looking for challenging work, smart colleagues, and a global employer with a social conscience, explore your potential at Invesco.
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Keywords: NAIOP SoCal, Laguna Niguel , Associate, Portfolio Management, Executive , Newport Beach, California