What are the responsibilities and job description for the Asset Management Analyst position at Eagle Rock Properties?
Firm Overview:
Eagle Rock Properties ("Eagle Rock") is a New York-based, vertically-integrated real estate firm with an institutional and private investor base. As an investor and operator, Eagle Rock is focused on executing a value-add strategy on suburban multifamily assets located in Northeast US. Eagle Rock owns and operates over 10,000 units worth in excess of $2.8 billion and is currently in expansion mode.
Eagle Rock Advisors is the private equity arm/investment manager of Eagle Rock responsible for the acquisitions, asset management and investor relations functions of the business. Eagle Rock Advisors is headquartered in New York, NY.
The Role:
The Asset Management function within Eagle Rock serves as the liaison between the investment management and property management sides of the business, responsible for financial performance tracking, implementation of investment-specific strategic initiatives and goals and identification of value opportunities. The role is to support the asset management team in executing these functions.
Role Details:
This is a full-time onsite salaried position based in our NYC Office.
Responsibilities:
- Utilize financial data to identify operational issues & implement changes.
- Produce portfolio performance statistics using excel for internal decision making & investor reporting.
- Perform ad hoc analysis and research on the portfolio, markets, and other initiatives often using raw data and modeling from scratch.
- Assist in calculating distributions & projecting annual cash flow through periodic updating of financial models.
- Assist with budget and forecasting processes.
- Track capital expenditures: budget, timeline and as-needed project management.
- Assist with acquisitions onboarding as needed.
Qualifications:
Qualified candidates will have a BA/BS degree and 0 to 2 years of relevant real estate, asset management, development, acquisition or banking experience.
- Advanced Microsoft Excel skills required.
- Strong Microsoft Power Point skills.
- An analytical background looking to apply their analytic skills often through problem solving and financial analysis.
- Strong entrepreneurial spirit looking to solve new problems and pioneer new processes within a growing business.
- Ideal candidate is a self-motivated, resourceful team player who works autonomously and asks for support when needed.
- Ability to manage workload and communicate expectations to both internal customers and external third-party vendors.
- Strong organizational, collaboration and communication skills with strong work ethic.
How Eagle Rock Advisors Supports You:
- We'll give you the autonomy and resources to make an impact.
- Competitive compensation and bonus eligibility.
- Employer sponsored benefits package including 401k.
Base Salary:
The base compensation for this role is $70,000 to $95,000 commensurate with experience.
NO OUTSIDE RECRUITERS/AGENCIES PLEASE
Eagle Rock Properties is an Equal Employment Opportunity (EEO) employer. We do not discriminate based on race, color, religion, sex, national origin, disability, age, or any other status protected under federal, state, or local laws. We are committed to creating a diverse workforce and encourage applications from all qualified individuals.
Salary : $70,000 - $95,000
