Location(s): Massachusetts, United States ⋅ Boston, Massachusetts, United States
Experience Level(s): Junior ⋅ Mid Level ⋅ Senior
Field(s): Finance & Banking
Workplace Type: Hybrid
Job Description
Background
At abrdn, enabling our clients to be better investors drives everything we do.
Through the expertise, insight and innovation of our team, we aim to help clients create more ways for money to make an impact. We set our sights on giving them more confidence to achieve their goals, and more clarity about what they need next. And we focus on delivering outcomes that are more than just financial – by investing responsibly to build a better world.
About the department
Real estate is a growth area in a growing number of clients’ investment portfolios. abrdn Real Estate’s vision is to create a focused, agile and performance-driven real estate business that is relevant to clients. Given the overall dynamics of real estate, its link to the macro economic environment and the varying degrees of risk/return through different mediums: equity, debt, listed and multi-manager. To that end, the Real Estate Multi-Manager (REMM) team plays a key strategic role in offering clients access to multi-manager, secondary and other opportunities on a targeted, bespoke basis. We are global team with offices in each region around the world.
About the role
We are seeking a passionate, committed and experienced investment professional to fill an Analyst role in our Boston office. The role will be hybrid and entail:
Screening of new investment opportunities (unlisted real estate funds, JVs, secondaries, co-investments, clubs etc.) in the Americas, including origination of opportunities, assessing the suitability of investment opportunities and support the Investment Managers on maintaining a robust database of Americas pipeline opportunities.
Analysis and evaluation of investments, including leading peer analysis of similar opportunities, help in due diligence process for new investments, including performing financial modelling, commercial due diligence and preparation of investment memoranda for Investment Committee approval.
Financial modelling, ie. under the mentorship of the investment team you’ll help build and maintain the portfolio/fund of funds models, as well as underlying investment fund models.
Critically analyze, verify and justify underwriting assumptions used in forecast return projections.
Portfolio and investment management including assisting in the on-going management, oversight and monitoring of investments and portfolios and preparing regular client reports/communications and presentation.
Develop understanding of legal and tax due diligence with respect to real estate fund investments.
Skills and Experience
Experience and skills required:
Some relevant professional experience, ideally within real estate (asset management, acquisitions, portfolio management, research); and / or experience in investing in real estate funds (primaries, secondaries, co-investments, JVs)
Leadership and problem-solving
Experience with institutional clients
Company and competitor knowledge
Communication skills (writing, presenting etc.); ability to convey strong conviction
Analytical and technical skills (build and run sophisticated financial models)
Interpersonal skills (team player and cross-cultural awareness)
Our Benefits When you join abrdn, you will be rewarded with a comprehensive benefits package that invests in each employee’s financial future, health and well-being. We offer a range of benefits to meet your family’s needs and employees are immediately eligible to begin participating. We have an environment where you can learn, get involved and be supported.
What We Offer
Best-in-class medical, dental, and vision plans with well-known carriers; Telehealth and Health Concierge services — paid for in full by the company!
Health, dependent and commuter flexible spending plans available for employee contributions
Employer provided life insurance, critical illness insurance, short-term and long-term disability with additional optional coverage options
Investing for your future with 401(k) retirement savings plan with top-notch company profit-sharing contribution that’s immediately vested!
Generous time off starting day one with 4+ weeks annual vacation plus nine paid holidays
Paid parental, adoption and family sick/caregiver leave programs
Volunteer days and study time to focus on what’s important to you!
Make a donation to your favorite charity and abrdn will match up to $500 per year
Employee assistance, travel and discount Programs. From helping you navigate the healthcare system to providing resources and assistance to parents and caregivers of children with development disabilities.
Flexible, voluntary benefits including accident insurance, identity protection, and legal assistance available
Wellness program including a robust employee assistance program and gym membership reimbursements
How we create value
Our strategic drivers are the foundations from which we deliver for all our stake holders: High Impact Intelligence, Enduring Relationships, Connections without borders and Future fit. You can find out more about our values here.
Our Inclusive Culture
We are committed to exploring the possibilities of working smarter. This means we’d like to hear from you, whatever way you like to work.
We have a long-term commitment to building inclusive workplaces; we value diversity in our workforce and welcome enquiries from everyone. If you need assistance or a reasonable adjustment due to a disability please let us know as part of your application and we will assist. You can find out more about our inclusive culture here.
We are an affirmative action - equal opportunity employer. We’re committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment. We define diversity in its broadest sense – this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance. We support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone.
If you need assistance or an adjustment due to a disability please let us know as part of your application and we will assist.