Asset Management- Associate at Morgan Stanley

Boston, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

09 Apr, 26

Salary

100000.0

Posted On

09 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Skills, Quantitative Skills, Financial Reporting, Cash Flow Projections, Market Research, Communication Skills, Attention to Detail, Organizational Skills, Microsoft Office, Database Systems, Argus, RealPage, Excel Modeling

Industry

Financial Services

Description

Support the monitoring and management of commercial real estate investments from initial transaction close through disposition. Assist in the preparation of business plans, cash flow projections, monthly/quarterly reporting, and oversight of capital planning and execution of asset-level business plans. Develop and maintain comprehensive reporting packages to assist in monitoring performance in all critical areas: revenues, expenses, lease trends, occupancy, etc. Prepare and maintain files for each property providing information on buildings, contracts, property insurance, and other operational data. Support group activities including research projects, new supply/competition reports, evaluation of potential dispositions, expense analysis, and budget vs. actual comparisons. Roll up property, market, and fund-level performance, as required. Assist with quarterly internal valuation calculations and ensure consistency in format and methodology. Utilize asset management systems to develop analytical tools, including refining reports from researched material and/or data collected to evaluate and report on the primary characteristics of the portfolio. Assist property tax tracking for the portfolio including assessments, litigation, and appeals. Implement processes to improve tracking and ensure best outcomes for appeals. Research market conditions and present to REIG to ensure the group is current on key trends. Prepare ad hoc reports/projects for Senior Asset Managers, the Director of Asset Management and Director of REIG. Opportunity to obtain responsibility for day-to-day oversight of property processes/performance to gain critical asset management experience. Bachelor's degree or higher in Finance, Accounting, Business, Real Estate, or a similar field. 2 - 3 years of experience in a financial analyst role or similar professional experience within the commercial real estate industry. Strong analytical and quantitative skills with the ability to create financial reports and analysis. Willing to travel periodically to tour markets and properties. Systems-oriented with proficient knowledge of Microsoft Office Suite and the ability to work with database systems. Working knowledge/strength in Argus, RealPage and Excel modeling preferred. Ability to provide thoughtful, detailed analysis. Strong attention to detail and organizational skills with the ability work on multiple projects. Excellent verbal, written and interpersonal communication skills and the ability to interact with a broad constituency. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. Expected base pay rates for the role will be between $90,000 and $100,000 per year at the commencement of employment. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Responsibilities

Support the monitoring and management of commercial real estate investments, including preparing business plans and cash flow projections. Develop comprehensive reporting packages and assist with property tax tracking and market research.