Careers at WALD Partners

Senior Portfolio Manager

Location: Mercer Island, WA
Job ID: SPM26
Employer: USA AAA GROUP WASHINGTON CORP dba WALD PARTNERS

Job Duties

The Sr. Portfolio Manager will use advanced knowledge to conduct complex quantitative analyses of investment & financial data, perform valuations of businesses & assets (including real estate & other privately held assets), & lead ongoing financial & operational performance analysis across existing assets. Based on independent research & analysis, the Sr. Portfolio Manager will provide recommendations on investments, asset management strategies, & complex transactions to internal stakeholders & affiliated entities. Specific job duties include:

• A. Lead the underwriting & asset management effort of multifamily & commercial real estate assets acquisitions for affiliated ownership entities by building & maintaining investment models, such as Discounted Cash Flow (DCF), Internal Rate of Return (IRR), & Net Present Value (NPV), & preparing valuations using comparable transactions, valuation multiples, & cash flow analysis.
• B. Conduct market, financial, & risk due diligence, as well as financial analysis, including macro/micro market research & review & analysis of financial statements, rent rolls, & operating performance, & interpret data & other factors to assess deal feasibility, evaluate & compare investment opportunities/assets, & support acquisition decisions.
• C. Monitor portfolio performance & developments in the field for properties or businesses owned by affiliated entities against benchmarks & return targets by developing Key Performance Indicators (KPIs) frameworks, performing variance analysis, & producing dashboards & performance reports using Excel, statistical/scripting languages (e.g., SQL/Python/R), & analytics tools (e.g., Tableau) to build & perform financial modeling, build dashboards & reports, predict future financial performance, perform valuation of companies or projects by using comparable companies & transactions, valuation multiples, & discounted cash flows, & to analyze portfolio-level operational & financial datasets.
• D. Develop & manage asset-level financial plans, including operating budgets, cash flow forecasts, capital expenditure schedules, & projected fund flows to ensure successful structuring of financing.
• E. Using financial analyses, prepare & present periodic reporting packages (monthly/quarterly/annual) & develop data-driven performance reports for commercial or residential real estate projects, presentations of plan details & plans of actions for investments with charts & graphs, & investment memos/technical reports to the Company’s principals & stakeholders summarizing portfolio performance, risks, & key findings; maintain ongoing stakeholder communications.
• F. Manage compliance & downside risk by monitoring real estate finance & capital markets developments, implementing risk mitigation plans, & coordinating with third-party operators & vendors to align investment strategy with day-to-day operations.
• G. Source & evaluate investment opportunities across public & private equity & real estate (common/preferred equity, Real Estate Investment Trusts (REITs), & private commercial real estate) to support capital allocation decisions for the Company’s principals & affiliated entities; prepare & conduct investment analyses & reporting materials through analyzing financial statements & calculating financial ratios & metrics to assess profitability, capital return, interest coverage, liquidity, efficiency, & solvency.
• H. Develop & maintain client relationships by advising clients on business & investment decisions based upon investment analysis, capitalization, & financial modeling.
• I. Occasional travel primarily within commuting distance of office (average 1x/wk.) & to Chelan, WA, (average 1x/yr.) to assess/examine assets as investments & to advise clients on related investment decisions.

EOE. To apply, email resume to hr@waldpartners.com. Include Job ID: SPM26.