Assoc/Sr Assoc, Fund Manager

Credit Real Estate Debt (CREDF)- Assoc-Sr Assoc, Fund Management

Job Purpose:

Since inception in 1993, Cerberus Real Estate has invested approximately $29 billion of equity in more than 575 transactions around the world, including non-performing loan portfolios secured by real estate, a category where we are one of the world’s leading investors. With approximately 55 real estate professionals, our Real Estate platform has the experience and flexibility to invest in distressed debt, high-yielding senior loans, direct equity, and hybrid investments, among others. Our experience spans highly structured and complicated capital structures, sponsorship/management turnaround issues, divestitures, and bankruptcies.

As a key contributor, you will maintain quarterly fund models, utilizing your expertise in sensitivity and scenario analysis, with a future focus on Anaplan integration. You will play a pivotal role in preparing and automating portfolio and loan reporting partnering closely with our RE Data team. Join us in this transformative journey, contributing to investor relations, cash management, and efficient coordination with back-office teams to enhance the overall operational efficiency of our Real Estate Investment Trust (REIT). Your adaptive mindset and strong interpersonal skills will be pivotal in propelling our internal programs to new heights.

Responsibilities:

• Maintain quarterly Fund Models including sensitivity and scenario analysis (will build in Anaplan).
• Prepare and maintain portfolio and loan reporting and work with RE Data team to automate reporting in PowerBI.
• Compile portfolio data and statistics to assist with investor related requests and preparation of fundraising materials including marketing documents, DDQs and ad hoc investor requests. Act as the primary contact to Sales Op for CREDF related requests.
• Monitor cash balances inside the REIT and initiate calls/distributions between the Master Fund. Calculate and review cash reserve levels at the Fund and REIT.
• Monitor fund’s remaining deployment capacity inclusive of potential recycling. Review and monitor liquidity requirements for financing facilities.
• Coordinate with back office teams (Fund Accounting, Loan Operations, Treasury, Legal, Tax) to maintain efficient operation of the REIT.
• Assist in quarterly valuation process between corporate valuation team and asset management team.
• Review Financial Reporting quarterly deliverables – Track Records/Transparencies.
• Assist in monitoring fund and deal level expenses.

Qualifications:

• 3-7 years of relevant experience in fund management, portfolio analytics or similar discipline
• Adaptability and transformative mindset to helping to broaden internal programs
• Strong interpersonal and project management skills to work with back-office teams, including fund accounting, loan operations, Treasury, Legal and Tax.
• Knowledge of reviewing and monitoring liquidity requirements for financing facilities
• Understanding of calculating and reviewing cash reserve levels at both the Funds and REIT levels.
• Ability to prepare and maintain portfolio and loan reporting, with knowledge of PowerBI for automation
• Knowledge of managing fund and deal level expenses

Founded in 1992, Cerberus is a global leader in alternative investing with approximately $67 billion in assets across complementary credit, private equity, and real estate strategies. We invest across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. For more information about our people and platforms, visit us at www.cerberus.com

The base salary for this position is expected to be between $120,000. and $170,000. The base salary offered to the chosen candidate will be commensurate with a candidate’s relevant experience and other qualifications for the position, as determined by the Company in its sole discretion. In addition to base salary, this position is eligible for an annual discretionary bonus and a robust benefits package.