Vice President - Real Estate Advisory
StepStone Group · New York, United States · 3 wk ago
HybridManagement$150k–$155k/yrFull-time
Key Responsibilities
- Source, evaluate, and track real estate fund offerings.
- Conduct detailed due diligence on investment managers and fund offerings.
- Analyze and write fund summaries and comprehensive investment committee memos.
- Present and support fund recommendations to relevant committees and clients.
- Manage, train, and develop more junior team members.
- Utilize SPI: StepStone Private Intelligence and other firm technology.
- Assist in gathering, verifying, and using a growing asset-level performance database.
Client Relationship Management
- Prepare and discuss pipeline reviews and investment recommendations.
- Respond promptly to client inquiries.
- Monitor economic and real estate market environment and trends.
Education, Work Experience And Other Requirements
- Bachelor's degree in Real Estate, Private Equity, Finance, Economics, Accounting, or equivalent relevant experience.
- 6+ years of real estate private equity consulting, portfolio management (preferred) or capital markets roles.
- Experience in diligencing and underwriting commingled fund structures or SMAs.
- Demonstrated track record of academic and professional success.
- Strong analytical capabilities, including strong quantitative/modeling skills.
- Leadership potential.
- High proficiency in Word, PowerPoint, and Excel. PowerBI experience desirable.
- Developing investment judgment and general understanding of risk/reward trade-offs.
- Flexibility and ability to use, learn, and adopt new technologies.
- Availability to travel, primarily within the eastern US.
- Positive, respectful team-oriented attitude.
Other Attributes
- Applied experience in valuation and investment analysis (particularly capital structures and cash flow waterfalls).
- Experience in managing and training more junior team members.
- High level of confidentiality.
- Commitment to learning.
- CFA, CPA, or CAIA a plus.
Pay
$150,000 - $155,000