Associate, Acquisitions and Asset Management at Barings · Chevy…

Associate, Acquisitions and Asset Management Location: US - MD - CHEVY CHASE - 5404 WISCONSIN AVE At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients. We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities. Title: Associate Department: Acquisitions and Asset Management Manager: Stephen Garibaldi, Vice President Location: Chevy Chase, MD Status: Exempt/Full-time The primary role of the Associate is to support the firm's acquisitions, asset management, and capital raising efforts. In this capacity, the individual will work with senior management to source, underwrite, and manage new real estate investments, while assisting in other areas of the firm as necessary. Responsibilities: • Support the development and execution of the company’s investment strategies. • Oversee the due diligence/underwriting process on potential new investments. • Prepare Investment Committee memorandums describing potential new investments and participate in the presentations to the Investment Committee. • Develop and maintain financial models. • Prepare financial analyses of various investment decisions, such as leasing, financing, and buy/sell decisions. • Prepare and effectively analyze market data/research. • Support the execution of business plans for new investments. • Review property reports and track operating performance relative to pro forma, forecasts, asset strategies, and investment targets, and prepare summaries and present results. • Review financials for factual accuracy and consistency. • Assist with capital raising presentations and other investor relations requests. • Perform all other duties as required. Requirements: • 2-4 years of related real estate experience. • Bachelor's Degree in finance, accounting, real estate, or another related field. • Advanced financial modeling experience. • Excellent verbal and written communication skills and presentation abilities. • Excellent critical thinking, judgment, strategic planning, and problem-solving skills. • Outstanding organizational skills, and the ability to effectively prioritize multiple tasks under pressure. • Strong understanding of financial analysis, modeling, and valuation, and the ability to use financial and valuation software including Excel and Argus. • Understanding of real estate terms and concepts such as net leases, gross leases, contracts, rents, percentage rents, operating expenses, capital expenditures, recovery of expenses, and property types. • Understanding of finance concepts such as NOI returns, cash flow returns, internal rate of return, present value/discounted cash flow, and capital markets. • Ability to perform market research, which entails travel. • Highly developed sense of responsibility and initiative. Competencies: • Technical Capacity • Business Acumen • Communication Proficiency • Ethical Conduct • Problem Solving/Analysis • Strategic Thinking • Personal Effectiveness/Credibility • Customer/Client Focus • Project Management • Time Management • Attention to Detail Supervisory Responsibility: This position has no direct supervisory responsibilities. Work Environment: This position primarily operates in a corporate office environment and involves occasional travel to, and working from, the company’s various assets and offices. Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to see, talk, and hear. This is largely a sedentary role; however, walking, standing, reaching, bending, and lifting objects is periodically required. This role routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets. Position Type/Expected Hours of Work: This is a full-time, FLSA-exempt position requiring a minimum of 40 hours per week during standard business hours. Additional work outside of standard business hours is also required. Travel: This position requires frequent out of state overnight travel to locations including client and asset sites, other company office locations, and conferences. Other Duties: Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. EEO Statement: It is the policy of Artemis Real Estate Partners to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state, or local law. In addition, Artemis Real Estate Partners will provide reasonable accommodations for qualified individuals with disabilities. Requisite Skills Additional Skills Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Barings offers a comprehensive benefits package including: CORE BENEFITS & WELLNESS Medical (including Virtual Care), Prescription, Dental, and Vision Coverage Fitness Center Reimbursement Program (Including Online Memberships) Employee Assistance Program (EAP) Fertility Benefits FINANCIAL WELL-BEING Highly competitive 401(k) Plan with Company Match Health Savings Account (HSA) with Company Contributions Flexible Spending Accounts (FSA) - Health Care & Dependent Care Retirement Health Reimbursement Account LIFE INSURANCE Basic and Supplemental Life Insurance Spouse and Child Life Insurance TIME OFF, DISABILITY AND LEAVE OF ABSENCE Paid Vacation, Sick Days and Annual Holidays Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time) Short and Long Term Disability Plans Paid Volunteer Time OTHER BENEFITS Education Assistance Program Charitable Matching Gifts Program Commuter Reimbursement Program Adoption and Surrogacy Reimbursement Program