Senior Associate, Portfolio Management (US Opportunity Funds)

Harrison Street is a leading investment management firm exclusively focused on alternative real assets. Headquartered in Chicago with offices in London, San Francisco, and Toronto, the firm has more than 280 employees and over $55 billion assets under management. Clients of the firm include a global institutional investor base domiciled in North America, Europe, and Asia.

Harrison Street is seeking to hire a Senior Associate within its Portfolio Management group.  The position will be a key member of the US Opportunity Fund Portfolio Management team with exposure to the entire firm as well as senior leadership. Currently, the US Opportunity Fund team manages several fund and co-invest vehicles with over $21 billion of assets under management. 

Candidates should be dependable, self-starters, and have a strong desire to learn and problem solve. Candidates should possess broad-based analytical skills, knowledge of accounting concepts and financial statements, be proficient in Excel and modelling, have the ability to manipulate large data sets, and possess superior written and oral communication skills.  The individual must be able to effectively allocate time between multiple immediate, short- and medium-term tasks, changing priorities, strict deadlines, and provide analytical support for multiple people within management.  

Responsibilities:

• Overall financial analysis responsibilities for the Portfolio Management group;
• Maintain portfolio construction models and IC presentation materials;
• Monitor fund liquidity and facilitate investor capital calls and distributions;
• Work closely with Acquisitions, Asset Management, Accounting, and Tax to incorporate new investments into the funds and monitor on-going asset level performance;
• Assist the Portfolio Management team’s efforts in enhancing data aggregation and flow efficiency and implementing firmwide data platforms
• Participate in the annual business planning process and oversee the quarterly valuation process;
• Coordinate with investor relations to assist with capital raising efforts
• Utilize third party applications (Yardi, iLevel, Chatham, Argus, etc.) for data collection and analysis;
• Analyze sector, strategy and partner performance;
• Coordinate and assist in the completion of material for quarterly and annual investor reporting and for various internal reporting;
• Track and monitor restrictions and requirements set forth in fund documents and investor side letters;
• Coordinate with Investor Relations, Asset Management, Transactions, Accounting, and Tax groups to processes and respond to investor requests;
• Create and maintain portfolio financial projection models to calculate and project fund level cash flows and returns; 
• Assist in the establishment of fund and asset level KPIs and track absolute and relative performance; 
• Monitor fund level financial performance to identify and communicate opportunities and threats;
• Analyze the financial impact of proposed capital events (sales, refinances, etc.) to the fund performance;

Requirements:

• Bachelor’s degree and 5+ years of work experience in real estate and/or finance preferred;
• Proficient in Microsoft Excel and financial modeling; 
• Core knowledge of real estate principles, finance and accounting;
• High attention to detail, organized, and self-directed individual eager to learn;
• Strong written and verbal communication skills.