Manager/Associate Manager - Transaction Real Estate - CMBS - Big4

Manager/Associate Manager - TRE(CMBS) (Big 4)

Hiring for one of the Big 4 for Managerial position in Real Estate Valuation.

Location : Gurgaon

Job description :

Primary Responsibilities and Accountabilities :

- As a member of team, one will serve as a project lead and/or member of multiple client engagement teams around the world (US, UK, Germany, Australia etc) which primarily assist in real estate and hospitality advisory engagements in a fast-paced, service-oriented business environment.

- He will work with a wide variety of real estate and hospitality-specific clients including owners, developers, builders, financial institutions, lenders, pension funds, as well as numerous Fortune 500 companies.

- Typical engagements include market studies, financial analyses, development advisory, return on investment calculations, transaction due diligence, appraisals and valuations, strategic planning, property performance enhancement, portfolio analysis and cash flow modeling.

- Responsibilities include review or collection of market information; analysis of real estate documents, including appraisals and lending documents; performing market studies; cash flow modeling; and report writing.

- Lead a team in engagement to achieve end objective

- Project Management

- Managing risk and practice management

- Review work done by the team and ensure quality and timeline targets are met.

- Manage work flow / scheduling work for the team.

- Communicate with global team regularly about local team's progress.

- Identify areas of improvement and training needs for the team.

- Focus on improving team's efficiency and increasing coverage as well as depth of activities done by the team.

Competencies / skills :

- Valuation knowledge of Real & Intangible assets using Income Approach (Discounted Cash Flow Method & Direct Capitalization Method), Net Asset Value Method (or Cost Method) and Precedent Transaction Analysis (or Relative Valuation/ Sales Comparison/ Market Approach) & performing Sensitivity Analysis

- One should have expertise in CMBS(Commercial Mortgage Backed Securities), Rent Roll, CRE(Commercial/Corporate Real Estate)

- Knowledge of developing valuation models, performing highest and best use valuation analysis for purposes of financial reporting, tax planning etc.

- Proficient at using research databases like Capital IQ, Factset, One Source, Factiva, Reuters, etc.( Knowledge of research databases such as Loopnet, REIS, RCA (real capital analytics), CoStar, CBRE, JLL, C&W etc. Knowledge of research databases such as Loopnet, REIS, RCA (real capital analytics), CoStar, CBRE, JLL, C&W etc.), PwC Korpacz

- Analyzing financial statements, conducting market research studies and preparing reports

- Application of Free Cash Flows, Terminal value, Discount rate, WACC, Advanced MS Excel models etc.

- Have strong knowledge of cash flow & operating statement.

- Knowledge of commercial loan level underwriting by valuing the underlying collateral for the US market.

- Specialized asset disposition services typically for distressed portfolios in the long-term workout by re-underwriting the loans with analyses on the market trends and property performance.

- Preparation of Asset Summary Report, Data Tapes for collaterals of securitized loans and subsequent underwritings to encapsulate the cut-off loan amount on the basis of service coverage and loan to value ratio.

- Have a sound grasp of MS Power-point and Excel & Report Writing ; a natural interest in working and learning to use it to an advanced level

- Knowledge of key clauses in lease

- Have strong interpersonal skills

- Have excellent written and spoken English skills, and be able to discuss and reason complex technical issues

- Actively promote the sharing of knowledge within the group

- Contribute pro-actively to building team spirit

Job Specification :

Education & Experience:

- MBA/PG Diploma (Fin) with 6-10 years of relevant experience.

- Experience with Big4 would be provided weightage