At Barings, we are as invested in our associates as we are in our clients.
We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.
We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Senior Associate - Real Estate Equity Asset Management
Location: Chicago, IL , El Segundo, CA
Barings is a global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets.
With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment.
Learn more, at www.
barings.
com.
Primary Responsibilities
Asset manage a small portfolio of assets directly
Maintain valuation models for assigned assets with newly executed leases and make adjustments to market assumptions and valuation parameters, as appropriate.
Coordinate quarterly valuations with asset managers, regional director and chief appraiser.
Review external appraisals and work with asset managers to reconcile valuation issues.
Analyze lease transactions, including calculation of net effective rents and impact on value.
Assist with annual budgets and business plans, quarterly reports and ad hoc reporting requirements.
Assist with dispositions and financings, including compilation and dissemination of due diligence information.
Support due diligence and closing processes on new acquisitions, including legal, financial and physical reviews.
Maintain and update regional portfolio reports.
Supervise and direct analyst support of asset management function.
Report to Regional Asset Management Lead and Asset Managers
Participate in regularly scheduled property leasing calls and meetings
Develop a deep knowledge of all assigned assets
Ensure accuracy of the property rent roll and commercial space tracking system (VTS)
Monitor and analyze the performance of property investments through monthly financial reports and IRR of hold modeling
Support ESG efforts across managed portfolio
Qualifications
2-4 years of commercial real estate investment analysis or valuation experience.
Bachelor’s degree required, preferably with a business, finance or real estate emphasis.
Advanced proficiency in ARGUS and Microsoft Excel required
Strong quantitative and analytical background
Strong verbal and written communication skills
Highly organized
Must be able to work independently while still functioning well in a team
Develop strong and effective relationships both internally and externally
Keen attention to detail and the ability to manage to aggressive deadlines
Ability to prioritize and manage multiple tasks
Excellent problem solving skills
Willing to travel
Salary Range $100,000-$120,000
Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran.
We welcome all persons to apply.
Barings offers a comprehensive benefits package including:
CORE BENEFITS & WELLNESS
Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
Fitness Center Reimbursement Program (Including Online Memberships)
Employee Assistance Program (EAP)
Fertility Benefits
FINANCIAL WELL-BEING
Highly competitive 401(k) Plan with Company Match
Health Savings Account (HSA) with Company Contributions
Flexible Spending Accounts (FSA) - Health Care & Dependent Care
Retirement Health Reimbursement Account
LIFE INSURANCE
Basic and Supplemental Life Insurance
Spouse and Child Life Insurance
TIME OFF, DISABILITY AND LEAVE OF ABSENCE
Paid Vacation, Sick Days and Annual Holidays
Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
Short and Long Term Disability Plans
Paid Volunteer Time
OTHER BENEFITS
Education Assistance Program
Charitable Matching Gifts Program
Commuter Reimbursement Program
Adoption and Surrogacy Reimbursement Program