Real Estate Advisory Vice President

Posted:
6/14/2024, 6:54:17 AM

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Business & Strategy ⋅ Finance & Banking

StepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $675 billion of total capital allocations, including more than $150 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program.  With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.

Position Overview

The Vice President of StepStone Real Estate will play a critical role in the servicing of Japanese institutional client relationships with respect to global fund portfolios, predominantly invested in the US. Work will include assisting portfolio design, underwriting new investment opportunities and general coverage of the real estate private equity market as needed to accomplish this, in collaboration with SRE’s global investment team.

Essential Job Functions:

  • Frequent client contact including periodic portfolio reviews and strategic planning
  • Preparation and coordination of market and portfolio updates for clients
  • Construct an argument around an opinion and efficiently communicate that argument both verbally and in written materials; be able to defend position in a team environment, including Investment Committee meetings
  • Perform market research using publicly available information and proprietary databases to identify, quantify and analyze macroeconomic trends across a variety of property sectors
  • Use creativity to source and analyze data and to test hypotheses regarding attractiveness of specific sectors and investment opportunities
  • Assess marketing and supporting materials of prospective fund managers to identify key value drivers and important areas for further investigation
  • Conduct interviews with senior executives to gather insights and information regarding the style and effectiveness of target fund managers
  • Interpret financial analyses prepared by target fund managers, including investment track records
  • Source co-investments, secondaries and other tactical investment opportunities
  • Supporting business development and fundraising initiatives
  • Direct client management responsibility

Education and/or Work Experience Requirements:

  • Bilingual Japanese and English. Ability to explain investment management concepts in Japanese to Japanese institutional investors
  • BA/BS in Business, Finance, Economics or Accounting, or equivalent relevant experience
  • 6+ years of experience in a manager and/or investment underwriting role in real estate
  • Required Knowledge, Skills, and Abilities
  • Developed investment judgment with demonstrable understanding of risk/reward
  • Strong client communication skill and experience
  • Exceptional business writing with experience preparing investment committee memos
  • Financial modeling skills (pacing models, track record analysis, portfolio construction, etc)

Other Attributes:

  • Bi-cultural understanding of Japanese and US workplace
  • Willingness to work a flexible schedule
  • Willingness to travel domestically and internationally
  • High level of confidentiality
  • Commitment to learning

Salary Range - $ 153, 750

The salary range is an estimate of pay for this position.  Actual pay may vary depending on job-related factors that can include location, education, skill, and experience.  The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

About us

Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint.  As people are our biggest asset, we offer resources to help our employees reach their full potential.  Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.  

Join us

When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.  

StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

Benefits

We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.

Disclaimer / Policy Statements

At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure.  Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.  

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Developing People at StepStone

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