Description:
We’re seeking a Senior Analyst to join our Real Estate Investments team. The hire will be involved in all aspects of the real estate investments and the asset management process.
About Your Role
As a Senior Analyst / Associate, Real Estate Investments, you will:
- Collaborate with investment managers in the analysis of potential real estate transactions across several asset classes including residential, office, retail, and industrial assets, and transactions in various forms: direct asset transactions, private funds, etc.
- Act as a lead in the development and validation of financial models related to real estate investments (debt or equity)
- Act as a lead in preparing investment recommendations memorandums for investment approval
- Analyze cash flows and project returns
- Analyze the impact of different assumptions on performance: revenue, operating expenses, financing, tax, fees, etc.
- Analyze investment risks
- Analyze the asset’s operating budget and financial statements
- Analyze the partnership structure
- Participate in preparing and presenting investment opportunities at weekly Real Estate Management Investment Committee meetings
- Participate and support investment managers in the due diligence process
- Summarize and follow up on external reports (physical, environment, financial, legal, tax, insurance and other reports)
- Participate in drafting administrative documents
- Business plans for the various assets, asset management presentations, partner reviews, presentations to PSP Investments’ Board of Directors, etc.
- Collaborate with investment managers in active asset management of PSP Investments’ Real Estate portfolio
- Conduct research and analysis of real estate markets, segmented by asset type and geography, to identify trends and opportunities in selected markets and asset classes
- Engage in regular reviews of business plans, assessing and reporting on deviations from projected budgets
- Perform ongoing valuation assessments to track and interpret real estate market values, ensuring alignment with current market conditions
- Develop Major Decisions Memoranda, outlining evidence-based recommendations for asset-related decisions, including financing options, hedging strategies, leasing agreements, and more
- Monitor real estate indexes
Some travel may be required.
What You’ll Need
- Bachelor’s degree in Finance, Economics or Real Estate. M.Sc. in Finance, MBA, considered as an asset
- Professional designation such as CFA or CPA are considered an asset
- Minimum of two (2) years of relevant experience. Experience in analysis of real estate transactions, a definite asset
- High level of proficiency with computer tools such as MS Office (most specifically Word, Excel and PowerPoint). Knowledge of ARGUS, an asset
- Strong interest for the field of real estate investment
- Strong writing skills
- Strong financial analytical skills
- Ability to build good relationships internally, as well as externally
- Ability to manage several different projects at any given time and to manage deadlines
- Good attention to detail and presentation of information
- Outgoing self-starter; high level of autonomy
- Proactivity, forward thinking and drive for results
- Strong team player
- Organized and methodical
- Flexibility and adaptability
- Work ethics and professional integrity
- Good communications skills in English and French (or willingness to learn) (Regular interactions in English with investment partners based outside of Quebec; Example: peers, bankers, brokerage firms, etc. and PSP employees in our offices in Hong Kong, London and New York, and interactions in French with employees in our local offices in Montreal and Ottawa)