Portfolio Management Analyst - Core Fund
Chicago, IL
Portfolio Management – Portfolio Management - Core Fund /
Full-Time /
Hybrid
Harrison Street is one of the leading investment management firms exclusively focused on alternative real assets. The firm has created a series of commingled funds focused on the Education, Healthcare and Storage sectors. Headquartered in Chicago with an office in London, the firm has more than 2870employees and approximately $55 billion in assets under management. Since its inception, Harrison Street has acquired or developed 1,704properties in 48states that equate to approximately $77.1 billion in gross real estate cost.
Harrison Street is seeking to hire an Analyst within its Portfolio Management group. The position will be a key member of the Core Fund Portfolio Management team and Portfolio Management Operations team with exposure to the entire firm as well as senior leadership. Currently, the Core Fund owns more than 350 assets located throughout the US.
Candidates should be dependable, self-starters, and have a strong desire to learn and problem solve. Candidates should possess broad-based analytical skills and have knowledge of and/or the desire to learn the following: accounting concepts and financial statements, large amounts of work in Excel including working with models, ability to manipulate large data sets, and 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;
- Track and monitor restrictions and requirements set forth in fund documents and investor side letters;
- Maintain portfolio construction models and Investment Committee 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;
- Participate in the annual business planning and the quarterly valuation process;
- Utilize third party applications (Yardi, iLevel, Chatham, Argus, etc.) for data collection and analysis;
- Analyze sector, strategy, and partner performance;
- Fulfill monthly and quarterly investor and consultant requests (typically Excel-based), including the coordination of internal information gathering, analysis, and the overall responsibility for timely and accurate completion of requests;
- Coordinate and assist in the completion of materials for various ad hoc investor and internal 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 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 fund performance;
- Assist the Portfolio Management team's efforts in implementing firmwide data platforms by validating historical and new data;
- Other duties as assigned
Requirements:
- Bachelor’s degree or 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.
- Entry level position, but previous real estate analysis experience is a plus
$70,000 - $85,000 a year
For Illinois Only: The expected base salary range for this position is $70,000 to $85,000. Actual salaries may vary based on a number of factors, including skills, experience, and qualifications.
In addition to base salary, total compensation at Harrison Street includes a generous discretionary bonus, along with a comprehensive range of benefits — including medical, financial, and wellness programs — designed to support our employees both professionally and personally.
