Portfolio Management Trainee
3 weeks ago
**About the Role:**
We are seeking a highly motivated and detail-oriented individual to join our team as an Asset Management Intern. As an intern, you will have the opportunity to work closely with our experienced asset management team to gain hands-on experience in portfolio management, financial analysis, and market research.
Responsibilities:
- Perform market surveys and present summarized findings for each property within the portfolio.
- Analyze offering memorandums of active acquisitions, extracting and summarizing critical information.
- Assist the acquisitions team in the underwriting process by conducting financial analysis and market research.
- Support in the analysis and interpretation of intricate financial statements, including income, trial balance, loan, tax, and organizational documents.
- Prepare and compile monthly reporting materials for investors.
- Conduct site visits and generate detailed reports using specified formats.
- Consolidate data from inactive acquisitions to establish a comprehensive database and develop a dashboard for easy access.
- Input recent acquisitions data into the Entrata database and ensure accuracy and completeness.
- Foster relationships with operations, asset management teams, and internal support personnel to enhance operational efficiency.
- Proactively identify opportunities for process enhancement and contribute to their implementation.
- Undertake additional tasks as delegated.
About You:
- Proficiency in MS Excel spreadsheets – specifically formulas, functions, and pivot tables.
- Excellent analytical and data management skills.
- Strong financial acumen and problem-solving skills.
- Extreme attention to detail.
- Basic understanding of real estate investment and financing processes including, but not limited to, market analysis, financial analysis, property valuation and capital markets.
- Comfortable in a fast-paced and complex environment with the ability to juggle many responsibilities at the same time.
What We Offer:
- A competitive salary of $17.50 per hour.
- The opportunity to work with a dynamic team in a supportive and collaborative environment.
- Ongoing training and development opportunities to enhance your skills and knowledge.
- The chance to make a real impact and contribute to the success of our organization.
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