Associate, Real Estate Portfolio Management

About the role

The Portfolio Management (PM) team is responsible for driving value, managing risk, and shaping fund performance across Bain Capital Real Estate's portfolios. This role works closely with PM leadership to implement tools, processes, and insights that enhance decision-making and fund returns.

Responsibilities

• Support PM leads in identifying risks, opportunities, and drivers of fund performances
• Help synthesize insights on return drivers, concentration, underperformance risks, and high-impact opportunities
• Help build and maintain tools that track liquidity, equity needs, reserves, refinancing risk, and deal-level convexity
• Apply data analytics and programming experience (Python, SQL preferred) to enhance tooling, automate processes, and extract insights from large, complex datasets
• Avoid automation of processes that may lead to bias or errors
• Maintain and enhance the PM reporting package to deliver clear, actionable insights
• Contribute to ongoing return-enhancement projects (e.g., recycling, subline utilization, gross-to-net improvement)
• Support implementation of consistent processes across Investment, Asset Management, and Finance (e.g. hold/sell, budgets, valuations, roll-forwards, capital calls)
• Help drive standardization across strategies—particularly around sale processes and hold/sell frameworks
• Track business plan milestones, JV updates, debt/refi activity, and sale readiness
• Roll-Forward (Re-underwriting) Leadership
• Play a key operational and analytical role in the semiannual roll-forward process
• Coordinate cross-team inputs, manage timelines, and ensure consistency of assumptions and outputs
• Contribute to iterative improvements that enhance efficiency, comparability and insights each cycle
• Fund Composition, Reporting & Strategic Insights
• Support reporting on fund composition, exposures, asset concentration, and relative risk/return
• Aid in preparing portfolio reviews and Partner updates with clear perspectives on performance, risks, and liquidity
• Help refine the PM frameworks, tools, and processes as the portfolio and team evolve

Qualifications

• Experience & Background: 2–4 years in consulting, investment banking, private equity, or real estate investing
• Real estate experience preferred but not required
• Demonstrated ability to work independently and drive processes without a roadmap
• Analytical & Technical Skills: Strong financial and quantitative skills; high proficiency in Excel; ability to build and iterate analytical tools and dashboards; Programming/data analytics experience preferred (Python, R, Java, SQL, Claude Code, other LLMs); Comfort synthesizing large, ambiguous data sets into clear insights

Attributes & Working Style

• Tenacious, proactive, high ownership mentality
• Structured thinker who can bring clarity to ambiguity
• Strong communicator able to distill analysis into crisp recommendations
• Effective collaborator across Investment, Asset Management, Finance, and senior leadership

Pay

Expected Base Salary Range: $125,000 – $150,000