What are the responsibilities and job description for the Senior Financial Analyst position at Newmark?
Job Description
Job Summary
We are looking for a highly motivated, hard-working, and intellectually curious person with a background in commercial real estate capital markets. The successful candidate will be involved in the underwriting, pitching, marketing, and execution of capital markets transactions. Ultimately, this candidate will learn the business through exposure to real properties, financials, and processes under the general guidance and mentorship of our other team members.
Responsibilities
Essential Duties and Responsibilities
Responsibilities
Ultimately, this candidate will learn the business through exposure to real properties, financials, and processes under the general guidance and mentorship of our other team members. The position involves four key components listed with the required essential duties & responsibilities below:
Additional Responsibilities
In addition to the essential duties, the candidate will also be responsible for the following tasks and projects. Some of these tasks are related to and support the essential duties, while others are independent of the core business.
The expected base salary for this position ranges from $80,000 to $90,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).
Discretionary Bonus
In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives. Discretionary bonuses to be determined based on team performance and employee’s contributions.
Working Conditions: Normal working conditions with the absence of disagreeable elements.
Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.
Job Summary
We are looking for a highly motivated, hard-working, and intellectually curious person with a background in commercial real estate capital markets. The successful candidate will be involved in the underwriting, pitching, marketing, and execution of capital markets transactions. Ultimately, this candidate will learn the business through exposure to real properties, financials, and processes under the general guidance and mentorship of our other team members.
Responsibilities
Essential Duties and Responsibilities
Responsibilities
Ultimately, this candidate will learn the business through exposure to real properties, financials, and processes under the general guidance and mentorship of our other team members. The position involves four key components listed with the required essential duties & responsibilities below:
- Underwriting – Valuing real property based on in-place contractual income and market assumptions.
- Creation of accurate cash flows based on audited financials in ARGUS and Excel
- Determination of market and financing assumptions informed by market research and guidance from partner leasing/financing teams
- Pitches – Developing presentation materials to compete for the opportunity to sell real assets on behalf of institutional clients.
- Creation of written and financial content for pitchbooks that contain local market & capital markets research as well as thoughtful investment/marketing strategies
- Marketing – After the business is awarded to our team, we then create detailed offering memorandums that provide an overview of the investment opportunity.
- Developing thoughtful investment strategies and business plans to maximize the value of an investment
- Compile detailed property, tenant, and market information as well as financial schedules
- Execution – Once a deal is awarded to an investor, our team facilitates the due diligence and closing processes.
- Compile and share information investors need to confirm assumptions made during the marketing process
- Serve as a liaison between buyer and seller in the negotiation of contracts and fulfillment of information requests
Additional Responsibilities
In addition to the essential duties, the candidate will also be responsible for the following tasks and projects. Some of these tasks are related to and support the essential duties, while others are independent of the core business.
- Performs research work and prepares analyses of subjects such as micro and macro economic conditions, corporate health of tenants, themes and trends impacting real estate, etc
- Thorough review of historical financials, to identify themes or trends relevant to the underwriting of an asset
- Thorough review of leases, contracts, and agreements for material encumbrances which impact the value or underwriting of an asset
- Participate in the quality review of Newmark databases and reporting tools.
- Review and administrative processing of contracts and agreements between sellers and prospective buyers
- Assist in the development and maintenance of proprietary reports
- Bachelor’s Degree in Accounting/Finance/Economics/Real Estate or other related fields
- 2 years of commercial real estate capital markets experience preferred, 1 years mimimum experiance required.
- Proficiency in Microsoft Office, especially EXCEL and Word.
- Experience with computerized accounting systems a plus.
- Proactive team player able to work efficiently under sometime stressful conditions.
- Ability to work effectively with colleagues at all levels across the organization.
The expected base salary for this position ranges from $80,000 to $90,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).
Discretionary Bonus
In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives. Discretionary bonuses to be determined based on team performance and employee’s contributions.
Working Conditions: Normal working conditions with the absence of disagreeable elements.
Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.
Salary : $80,000 - $90,000
