What are the responsibilities and job description for the Coordinator, NewTower Trust position at BGO New?
Coordinator, NewTower Trust
Bethesda, MD
Who We Are: NewTower Trust Company, a wholly owned subsidiary of BGO, a leading global real estate investment advisor, is looking for a strong candidate to join our Investor Services Team.
BGO is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 28 cities across twelve countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets. BGO is a part of SLC Management, which is the institutional alternatives and traditional asset management business of Sun Life.
For more information, please visit www.bgo.com
BGO promotes a corporate culture that attracts and retains the highest caliber people. We encourage opportunities for growth, development, and promotion by providing our employees with the resources to work effectively and continually strive to perform better. We are committed to a safe and sustainable work environment.
The Opportunity: The Coordinator will oversee the information and document flow for all fund and property transactions, major property decisions, letters of credit, investor requests and auditor requests. This position will be a coordinating hub between investor reporting, valuations, portfolio management and sales/fundraising functions.
What You Will Do:
- Coordinate annual budget, business plan and site inspection deliverables from to NewTower Trust, in adherence to NewTower Trust policy.
- Manage letters of credit held by NewTower Trust pursuant to the policy, working with letter of credit administration team.
- Work with transactions team to ensure that all transaction documentation is completed and correct with the correct entities.
- Work with portfolio and asset management teams on coordinating NewTower approval for major decisions on a portfolio and property level.
- Serve as point person with NewTower legal counsel for update and maintenance of corporate records and books.
- Serve as point person for auditors in coordinating information flow and delivery pursuant to auditor requests.
- Work as liaison between the NewTower, fundraising team and fund accounting team to fulfill investor and audit requests pursuant to fund requirements and guidelines.
- Work with valuations and asset management teams to coordinate deliverables for the preparation and completion of quarterly appraisals.
- Provide production and writing support to portfolio management team for quarterly and annual reporting.
- Provide administration support to NewTower team for meeting scheduling and expense processing.
- Special and ad hoc projects, as assigned
- In executing all such responsibilities, act in an appropriate fiduciary manner on behalf of NewTower Trust Company’s clients and comply with NewTower Trust Company’s policies.
Who You Are:
- 1- 2 years of professional experience in corporate administration, preferably in commercial real estate.
- 2 or 4 year degree preferred in business administration, communication or similar major
- Will need to become a notary public in the State of Maryland
Skills:
- Have an interest in learning about commercial real estate
- Highly developed attention to detail
- Extremely organized with a talent for bringing order to new situations
- Able to coordinate documentation from multiple sources and verify correctness
- Enjoys and thrives in a collaborative environment
- Intuitive thinking that adapts well to change
- Team player with ability to work co-operatively in a multi-functional team environment across multiple geographies
- Alignment with NewTower Trust Company’s culture and code of ethics
At BGO, we recognize that each employee’s unique experiences, perspectives, and viewpoints strengthen our ability to create and deliver the best value to our clients, partners and stakeholders/investors and therefore we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientations and life experiences to apply.
BGO is committed to equitable hiring practices and we welcome the opportunity to discuss accommodation and ensure fairness and equity in our hiring process. If you require accommodation, please email us at accessibility@bgo.com and include: Job posting #, your name and your preferred method of contact.
We thank all applicants for their interest in employment with BGO.
