Analyst, Asset Management

USAA Real Estate Company was founded in 1982 as the real estate investment arm of USAA. With approximately $15 billion in assets under management, the company provides co-investment asset management services to U.S. pension funds, as well as to foreign and domestic institutional investors.

**Purpose of Job:** The **Analyst** provides support to Asset Managers and assists with the financial and operational oversight of commercial real estate assets and administrative duties, including, but not limited to financial analysis, prospective leasing, capital projects, valuation, property-level and portfolio level reporting, interaction with property management team, the portfolio management team and the implementation of Realco Asset Management Processes and comprehensive asset value creation strategies. **Essential Duties:** * Assist with and support Asset Managers in the leasing activity process for assigned properties including the financial analysis of prospective leases, routine communication with sponsors, operating partners, and third party property management and leasing teams, credit underwriting of prospective tenants, interaction with landlord’s legal team, and the submittal of required internal documentation, and implementation of internal administrative processes within asset management requirements. * Provide support to asset managers by maintaining high level of knowledge on market fundamentals such as rental rates, occupancy, supply/demand, capital market trends, and transaction activity for assigned geographic areas. * Prepare detailed financial analyses of real estate assets including, but not limited to the following: discounted cash flow analysis, time-weighted returns, leveraged and unleveraged IRRs, equity multiples, promote calculations, and other various financial and performance measurement metrics. * Perform property-level market valuations for assigned real estate assets each quarter. Maintain ARGUS and DCF models to support market valuations. Provide support to Asset Managers reviewing external appraisals each quarter. * Prepare and coordinate the annual budgeting process for assigned properties. Assist with the review of annual CAM reconciliations. Create variance reports and cash reforecasts as required. * Prepare, coordinate, update and ensure timely completion of property-level and portfolio reporting such as annual business plans, fund quarterly reports, monthly status reports, investor specific reports, and other reports as required. * Demonstrate a high level of initiative and ownership by assisting with the timely resolution of various property-level issues. Resolve with minimal supervisory oversight. * Contribute to the improvement of existing processes and promote the adoption of best practices as related to the above duties and responsibilities. * Provide secondary support to the Portfolio Management and Dispositions departments. May also support other departments with various projects related to Acquisitions, Development, and Capital Markets.

**Minimum Qualifications:** * Bachelor’s Degree in Finance, Real Estate, Business, Accounting or related field. * 2+ years of commercial real estate industry work experience. * Experience working for an investment advisor, REIT, or commercial owner/developer within an institutional investment management environment is preferred. * Solid understanding of financial analysis concepts. * Ability to travel, if needed. Ability to regularly work extended hours. **Key Competencies:** * High level of proficiency in Excel and Argus Enterprise. * Accuracy and attention to detail. * Ability to prioritize assignments to meet numerous deadlines. * Excellent analytical, quantitative and problem solving skills. * Exceptional written and verbal communication skills. **Physical Requirements:** * Regularly required to sit for extended periods of time; frequently required to stand, walk, and use business equipment daily such as computer, copier, fax, telephone, etc.; frequently required to reach overhead, bend, and lift objects of up to 40 lbs. * Ability to handle stress caused by multiple priorities, and other unforeseen situations associated with the organization. * Eyesight and hearing must be correctable to standard level.