Analyst, Investments

Posted:
12/26/2024, 10:22:51 PM

Location(s):
Charleston, South Carolina, United States ⋅ South Carolina, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking ⋅ Sales & Account Management

Location

Charleston - 997 Morrison Drive, Suite 402

Business

We are a leader in the single-family rental (SFR) Aggregation space with over 10,000 homes across the Southeast and Midwest. Maymont Homes was founded in 2011 to bring technology to the single-family rental space. Over the years we have become a full-service acquisition, renovation, and property management company growing throughout the South and Midwest. By the application of efficient processes enabled by advanced software, our company can provide clean, safe, affordable housing to thousands of people. We strive to offer better living opportunities for individual families, which ultimately improve the lives in the communities we serve!

Job Description

Primary Responsibilities: The Investment Analyst is primarily responsible for underwriting of single-family homes consistent with the investment strategy set by the company.  In addition, the Analyst will be responsible for the management of Real Estate Agents for their assigned market(s) to ensure procedures are followed and goals are being meet.   

 

Skills & Competencies: 

  • Bachelor’s degree in Finance, Economics, Mathematics, Business, Real Estate, or another similar field.  

  • Experience in Real Estate, Renovation, or Property Management preferred.  

  • Active SC Salesperson/Broker license within 6 months of hire date, required.  

  • Knowledge of fair housing and local real estate laws, where applicable.  

  • Intermediate knowledge of Word, Excel, and PowerPoint; advanced preferred   

  • Demonstrated strong written and verbal communication skills 

  • Detail-oriented and self-motivated with the ability to produce high-quality work in a deadline-oriented environment and an ability to multi-task 

  • Ability to prove critical thinking and problem-solving concepts 

  • Experience working in a work schedule environment, including in-office operation, weekends and holidays, based on business need.   

 

Essential Job Functions: 

Investment Underwriting 

  • Review the physical location and characteristics of the home to ensure it meets investment strategy.  

  • Assess the marketing photos and listing description to create a preliminary renovation estimate.  

  • Identify if there is or is not an HOA associated with the home and the yearly rate.  

  • Calculate the yearly property tax assessed by all governing bodies at an investor rate.  

  • Review video evaluation of the home and create an acquisition renovation estimate.  

  • Recommend a maximum purchase price based on the investment strategy.  

  • Adapt to changes in the workplace and assigned market(s). Manage competing demands, accept criticism and feedback. Apply changes, approach, or methodology to best fit the evolving condition 

Data Analysis 

  • Synthesize complex or diverse information focusing on the collection and research of data. Use intuition and experience to aid in presenting data to BAM investment committee.  

  • Perform return on investment analysis in assignment market(s) of actively listed homes for sale using proprietary software.  

  • Analyse and identify trends and inconsistencies within acquisitions department.   

  • Recommend a maximum purchase price based on company guidelines and procedures.  

  • Analyse expansion markets for trends observed in current successful markets.  

Broker Management 

  • Engage with local Real Estate Agents for processing offers through the acquisition timeline.  

  • Work with other team members within the Acquisition and Closing departments.  

  • Communicate and engage with all internal Maymont Homes departments as warranted.  

 

Other Responsibilities  

  • Meet established standards and guidelines concerning compliance and maintaining up-to-date knowledge of internal policies and procedures.  

  • Coach, mentor, and manage Real Estate Agents within the assigned market(s).  

  • Coach and mentor new Investment Analysts.   

  • Assist in the disposition of homes as warranted.  

  • Assist the Acquisition Closing Department as warranted.  

  • Audit and quality control of deliverables as warranted.  

  • Identify areas or opportunities for growth or weakness for the Acquisition department and provide recommendations along with resolutions.  

  • Other duties, as assigned by supervisor or leadership team.  

 

Key Metrics & Responsibilities 

  • Estimated Rent vs Actual First Time Rent achieved - +/-2% and 2% MAPE 

  • Estimated Reno vs Actual Reno - +/- 5%   

  • Individual productivity to meet deployment goals set.  

  • Team productivity to meet the deployment goals set.  

  • Collaboration - Measurement of delivery of assignments, quality of performance, and group effort   

  • Obtain an SC Real Estate Salesperson license and hang under BSFR - Obtain and hang said license under BSFR Realty by the end of Q1 

Why work for Maymont Homes ​?

Our Mission – “We Positively Impact the Lives in the Communities We Serve”. We do this through the work we do and the volunteer efforts that the company sponsors. You can make a difference in your community while you work!

Outstanding benefits package – our benefits are provided by Brookfield and offer immediate 5% match on the 401(k) plan, wellness credits that significantly reduce the employee cost for health care coverage, and up to 160 hours of PTO per year for full time employees.

Huge parent company – support and backing from Brookfield Asset Management, one of the largest real estate asset management companies.

Career growth – with our plans for growth and expansion into new markets, there are many opportunities to move up within the company.

Equal Opportunity Employer: Minorities/Religion/Sex/Protected Veterans/Disability/Sexual Orientation/Gender Identity/Marital Status/Pregnancy/Age/National Origin/Genetic Information. #MYMT