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Associate, Asset Management

R0114227 Frankfurt Corporate Office Frankfurt am Main, Germany

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Overview

Greystar is looking for dedicated and hard-working individuals who want to help us continue to be the best as what we do. Today, we are the largest rental housing operator and developer in the US and one of the largest global investment management companies, delivering industry-leading services to investors, clients, and residents. We offer unrivaled professional development and career growth opportunities to our team members and look forward to welcoming you to Greystar, where our people are what make us the Global Leader in Rental Housing.

Job Responsibilities

The Asset Management team sits within Investments, working alongside Portfolio Management and the Transactions team. The key function of the Asset Management team is to define and execute the asset level investment strategies across both Multifamily and Student Accommodation sectors on a Pan European basis, delivering performance targets in line with the Business Plan.

In the Germany & Austria region we have an exciting & growing portfolio including stabilised, lease up & development projects across student housing, multifamily & short stay.

As an Associate within the team, the candidate will be responsible for supporting the Investment Director/Manager in the investment management of the portfolio, alongside supporting teams.


JOB DESCRIPTION

Key Role Responsibilities

  • Monitor performance of specific initiatives and deliver key performance metrics to achieve the business plan.
  • Support the execution of investment strategies including NOI maximization and value-add initiatives.
  • Analysis of development budgets, leasing performance, income, expense, capital projects, debt, valuations and impact to asset/fund returns.
  • Maintain financial models to project detailed cash flows, and forecast investment returns for asset management decision-making.
  • Support in compiling annual operational and capital budgets and business plans for senior management, fund management & capital partner review
  • Assist with materials for the monthly and quarterly reporting to capital partners as well as prepare regular and ad- hoc reports for senior management.
  • Monitor and report on key market, industry and competitor data.
  • Complete various financial, accounting, narrative, administrative and other reports and analysis and duties as assigned or necessary for the successful execution of the business plans.
  • Build and maintain relationships with various stakeholders and internal teams.
  • Oversee and develop other team members.
  • Coverage over Germany/Austria & other Pan European Markets.

Knowledge & Qualifications

  • Degree qualification (or equivalent) ideally in a related business or analytical subject such as finance, mathematics, economics, science, engineering or real estate.
  • ACA/ CFA/ MBA/Relevant MSc qualifications are desirable but not essential.
  • IT literate and fully conversant with all Microsoft packages including PowerPoint (Advanced level) and Excel (Advanced level).
  • Fluency in German and English – speaking/reading/writing.

Experience & Skills

  • A demonstrable passion for real estate and keen interest in business strategy.
  • Evidence of prior experience in an analytical role within real estate, asset management, investment banking, private equity, or other related sectors.
  • Highly numerate, with strong attention to detail.
  • Strong qualitative analytical skills; having the ability to research, analyse and present complex financial data.
  • Competent in financial modelling, valuations and financial analysis.
  • Strong written and verbal communication skills; including the ability to prepare and explain financial data to business leaders and managers, team members, clients, and other business contacts.
  • Naturally inquisitive and commercially minded, with a desire to understand the bigger picture and contribute in solving challenges.
  • A positive team player, with an adaptable and flexible approach to changing priorities in a fast-paced environment, characterised by change and rapid growth, along with ability to work collaboratively to drive results and support the wider team and business objectives.
  • Excellent interpersonal skills with the ability to build and maintain positive relationships at all levels and to act with impact and influence.
  • Self-motivated and proactive, both with respect to managing workload and having the resourcefulness to figure out ‘difficult to find’ solutions.
  • Good organization skills with the ability to work effectively under pressure to meet deadlines.
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Success Profile

What makes a successful Greystar team member? Check out the top traits we’re looking for and see if you have the right mix.

  • Professional
  • Risk-Taker
  • Detail-oriented
  • Collaborative
  • Strategic
  • Communicator

Benefits

Healthcare

Health insurance (including company-paid opportunities) is offered, along with competitive dental and vision insurance plan options

Retirement Planning

Flexible Spending Accounts and Employer-matched 401(k) plans are offered

Paid Time Off

Full-time team members receive generous paid time off – including your birthday! – as well as paid sick leave, personal days, and company holidays

Paid Parental Leave

Maternal and paternal paid leave is available for the birth or adoption of a child

Professional Development

Ongoing support is available for career advancement opportunities in addition to corporate training programs

Employee Assistance
Program

Experienced counselors are available 24/7 for confidential assistance to listen and help you find solutions at no cost to you

Note: Outlined benefits may vary by international region.

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