Vice President, Assistant Portfolio Manager
Job Summary
The Vice President, Assistant Portfolio Manager plays a critical leadership role across RXR’s existing and new real estate private equity and debt funds. The role involves overseeing fund-level financial performance, portfolio strategy and optimization initiatives, and providing strategic recommendations to senior management.
About the Role
Headquartered in New York with a nationally-scaled platform, RXR is a 450+ person, vertically integrated investment manager with expertise in a wide array of value creation activities, including acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies.
Responsibilities
- Lead the design, architecture, and oversight of sophisticated fund-level and investor-level financial models, ensuring accuracy, scalability, and strategic utility.
- Direct the forecasting of fund performance, including scenario modeling, sensitivity analyses, covenants, liquidity optimization, and capital deployment pacing.
- Oversee fund cash management processes and ensure compliance with fund-level and asset-level covenants.
- Oversee annual budgets, quarterly forecasts, and periodic portfolio reviews, ensuring sound financial assumptions and well-supported conclusions.
- Drive portfolio-level analytics, including hold/sell analyses, refinancing/recap scenarios, return attribution, benchmarking, and market-level performance insights.
- Demonstrate familiarity with fund partnership agreements, joint venture structures, waterfall mechanics, and waterfall modeling.
- Arcitect, review, and refine high-impact presentations for senior leadership and investors.
- Synthesize complex financial and operational data into clear insights for executive decision-making.
- Manage and quality-control the responses to investor due diligence requests, ensuring accuracy, consistency, and strategic clarity.
- Ensure that all investor-facing outputs convey a cohesive and accurate view of fund performance, strategy, and positioning.
- Lead fund-level data governance, ensuring accuracy, consistency, and reliability across reporting systems and analytics tools.
- Champion process improvement and automation initiatives to enhance reporting efficiency and data integrity.
- Maintain oversight of historical performance datasets and ensure they remain complete, clean, and reconciled.
Qualifications
- Expert Excel Modeling: Architect new fund models, evaluate and refine existing models, and mentor team members.
- Expert PowerPoint Communication: Develop compelling presentations for complex financial topics and mentor junior staff.
- Real Estate Fund Expertise: Deep understanding of real estate fund structures, transactions, asset types, and capital markets.
- Analytical Leadership: Solve complex analytical problems and provide sound recommendations.
- Cross-Functional Influence: Collaborate and influence without direct managerial authority.
- Experience & Education: Minimum 7 years of experience in real estate private equity, investment banking, fund management, or related field. Bachelor’s degree in finance, real estate, economics, accounting, or related field. Demonstrated mastery of financial modeling (testing required).
Skills
- Expert Excel Modeling
- Expert PowerPoint Communication
- Real Estate Fund Expertise
- Analytical Leadership
- Cross-Functional Influence
Benefits
Not specified.
Pay
The salary range and/or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future. When determining a team member's base salary/rate, several factors may be considered as applicable (e.g. location, years of service, specialty, education, relevant experience).
Pay Range: $190,000 USD - $200,000 USD
Schedule
Not specified.
Benefits
Not specified.
Company Information
RXR is an Equal Opportunity Employer committed to recruiting, hiring and promoting qualified people of all backgrounds regardless of gender, race, color, creed, national origin, religion, age, marital status, pregnancy, physical or mental disability, sexual orientation, gender identity, military or veteran status, or any other basis protected by federal, state, or local law. RXR is committed to the full inclusion of all qualified individuals. As part of this commitment, RXR will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact 516-506-6847.