What are the responsibilities and job description for the Analyst, Affordable Acquisitions position at Related?
The Analyst will prepare detailed financial analyses and models including those for transaction underwriting and will provide key takeaways to business units, corporate finance, and senior management.
- Support the Deal Team Leader in all aspects of affordable housing acquisitions, financing, and development.
- Complete financial modeling and facilitate presentations with a focus on property valuation using a range of capital structures and financing tools unique to affordable housing.
- Compile and review due diligence information including financial, market, demographic, site, federal, and state regulatory data.
- Validate and defend budgets, assumptions, and pro-forma analysis, including the identification of challenges inherent to a given project.
- Communicate with investors, lenders, brokers, property managers, and industry consultants.
- Draft and complete applications and documentation necessary for debt and equity financing, property purchase and sale, government subsidies, and rental contract maintenance.
- Engage in community and resident outreach initiatives to tailor property improvements and services to meet the needs of neighborhoods and residents.
- Engage with internal Deal, Construction, and Portfolio Management teams to ensure community and resident engagement metrics are executed in each deal.
- Manage workflow and influences task completion across various teams and departments; earning respect and fostering cooperation.
- Lead select internal presentations to Senior Related Affordable Leadership.
- $100,000 - $125,000 / year
- Annual performance based bonus
- A Bachelor’s degree
- Minimum of 2 years of professional experience, preferably in a banking or real estate environment, or equivalent coursework.
- Adept at financial analysis with robust quantitative and modeling skills.
- Proficient in the standard suite of office applications and advanced proficiency in Microsoft Excel.
- An understanding of the principles of finance and accounting.
- Demonstrates an ability to project manage key components of deal or project, spanning from initiation to completion.
- Demonstrates strong problem-solving skills, identifying the root causes of issues, and leveraging prior experience and education to derive creative and impactful solutions.
- Communicates effectively with a demonstrated ability to maintain strong relationships with key stakeholders, including internal leaders and colleagues, investors, lenders, local communities, and government agencies.
- Well-developed and adaptable writing skills.
- Exceptional time management, organizational, and prioritization skills, as well as acute attention to detail; showcasing the capacity to excel in a fast-paced environment while successfully managing multiple projects and competing priorities.
- Entrepreneurial mindset, contributing new insights and perspectives that may lead to innovative ideas and approaches.
- Demonstrates a high level of receptivity to feedback and instructions, seamlessly integrating takeaways into future work products.
- Flexibility to travel and work outside standard business hours as needed.
We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building. We aim to ensure competitive total compensation that is commensurate with experience, workplace geography, and market standards.
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Related Affordable is the division of Related that leads the company’s efforts in the preservation and improvement of the nation’s affordable housing stock. For more than 50 years, affordable housing acquisitions and development have been the foundation of Related. Related Affordable is a nationally-recognized innovator in the financing, preservation and rehabilitation of affordable housing. Today, Related Affordable owns and oversees one of the largest affordable housing portfolios in the nation. Our team is driven by the belief that everyone deserves a quality home – and we work to deliver that for communities across the country. https://www.related.com/affordable-housing.
Salary : $100,000 - $125,000