What are the responsibilities and job description for the Analyst, Acquisitions position at Tricon Residential?
Tricon Residential is an owner, operator and developer of single-family rental homes in the U.S. and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon's culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life's potential.
We strive to be North America's premier rental housing company. Our business philosophy involves taking care of our team first - empowering them to provide our residents with exceptional service and to positively impact the local communities where we operate. By providing an enhanced living experience, our residents rent for longer periods of time, treat our properties like their own, and share their experience with friends and family. This is how we continue to grow, and it is an approach that has proven to generate positive returns for our stakeholders. For more information, visit Tricon Residential.
Job Description
Senior Analyst is responsible for underwriting and preparing financial analyses related to the purchasing of single-family homes across a variety of investment strategies and US Markets. Position will report to members of the Acquisitions Team and will work collaboratively with many constituents across the organization.- Underwrite potential single-family rental investments, including key revenue and expense items
- Prepare pro-forma investment return analyses and articulate a point of view regarding assigned projects
- Establish and build relationships with third party brokers and homeowners to drive business development initiatives
- Research housing trends and economic indicators related to target acquisitions markets
- Comprehensive understanding of migration patterns, employment drivers, and other growth trends within specific markets
- Perform valuation recommendations for potential acquisitions of single-family homes or communities of homes
- Review and interpret third party property reports and market data pertaining to select projects or markets
- Analyze underwriting assumptions and advise the best course of action on a deal-by-deal basis
- Monitor and leverage historical operating results to inform future acquisitions decisions
- Assist in various parts of the deal flow process to support the team in accomplishing acquisition targets
- Manage the due diligence process (deadlines) for properties targeted for acquisition and assemble information as directed
- Assist team on various ad hoc projects as required
Qualifications:
- Proven analytical skills, ability to problem solve and results / solution oriented
- Self-motivated and proactive team player, who takes ownership of projects, has strong organizational skills, and the ability to effectively manage competing priorities
- Flexible and able to work well under pressure in a team environment
- Strong quantitative and business writing skills
- Execution oriented and understands how to follow steps in a process
- Extraordinary communication skills with the ability to effectively interact with team members, key stakeholders in a deal, and senior professionals
- Can develop and articulate a point of view to colleagues verbally and in writing
- High level of focus on work quality and attention to details
**This role will report into our Charlotte, North Carolina office and work a Hybrid work schedule**
Minimum Requirements:
- BA/BS (Economics, Finance, or Math preferred)
- 2 Years Relevant Work Experience
- Highly proficient with MS Excel and knowledgeable of MS Office
- Prior single-family home acquisition experience (preferred)
At Tricon, we are committed to creating a workplace where every individual is valued for their unique contributions, experiences, voices, and backgrounds. By embracing these principles, we aim to positively impact our business and the communities we serve, creating a lasting legacy where everyone can thrive.
