Vice President, Global Opportunities

Posted:
9/16/2024, 5:00:00 PM

Location(s):
Los Angeles, California, United States ⋅ California, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking

Our Company

Oaktree is a leader among global investment managers specializing in alternative investments, with $193 billion in assets under management. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,200 employees and offices in 19 cities worldwide.

For additional information please visit our website at www.oaktreecapital.com.

Responsibilities

Oaktree is seeking a Vice President to work with a Managing Director within our Opportunities Fund group who leads our Real Estate industry vertical.  Our Opportunities Fund(s) have a very flexible mandate and focus on opportunistic debt and equity transactions across many industries, including Real Estate.  Manish Desai, who co-leads our Financial Institutions and Real Estate practice within the group, works very closely with our [75] person dedicated Real Estate team, led by John Brady on all types of real estate transactions -- with a primary focus on large corporate deals, loan portfolio acquisitions/workouts, distressed/opportunistic credit and recapitalization transactions, platform investments and structured credit opportunities in both commercial (CMBS) and residential (RMBS) real estate.  This Vice President will help Manish underwrite, diligence, execute and manage all Real Estate investments made by the Opportunities group.   The Vice President will participate in all transaction functions:

  • Lead execution of deals from underwriting through closing.
  • Screen deals sourced by senior members of the Real Estate and Opps team.
  • Work closely with members of our [75] person dedicated Real Estate team on transactions that are joint investments by both Funds
  • In conjunction with junior members of the team, conduct investment underwriting, financial analysis, preparation of internal memos, due diligence, market analysis, site inspections, managing documentation, and investment closings.
  • Help to train Associates in the Opportunities Fund group who are generalists in all aspects of Real Estate underwriting and analysis
  • Participate in the negotiation of term sheets, venture documents, debt, and other key documents.
  • Prepare verbal and written presentations to the investment committee in relation to proposed transactions and existing investments.
  • Identify, initiate, and foster relationships with potential partners, to facilitate the flow of a consistent pipeline of suitable investment opportunities.
  • Monitor relevant industry research to inform investment strategy and formulating actionable investment strategies.
  • Prioritize success of the overall team and contribute to a positive team culture.

Experience Required

  • Seven years of Real Estate investment and investment banking experience
  • A strong background in corporate real estate (led real estate corporate M&A execution and/or capital markets/debt financing expertise)
  • A background in distressed loan acquisitions and workouts is a plus as well
  • Strong understanding of all aspects of real estate investment -- financing, corporate financial statements, valuation, acquisition, and disposition processes, including but not limited to market analysis, financial analysis, property valuation, and capital markets.
  • Experience participating in the sourcing, negotiating, and closing agreements.
  • Experience and an understanding of the investment drivers across major real estate sectors (Office, Multifamily, Retail, Industrial, Mortgage Finance, Net Lease, Hospitality)

Personal Attributes

  • Ability to direct and monitor the activities of others on a systematic basis.
  • Highly skilled in modeling investments in Microsoft Excel and Argus Enterprise
  • Strong financial and analytical ability.
  • Outstanding interpersonal skills and a sense of self-awareness.
  • This individual must be a smart, quick thinker who can respond immediately to matters affecting the fund business.
  • High level of integrity and keen work ethic.
  • Strong problem-solving skills combined with solid business acumen.
  • Excellent written and oral communication skills.

Education

A Bachelor’s degree from a top university or college.

Base Salary Range

$225,000-$250,000

In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement.  The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education.

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.