Department

Assoc, Portfolio Oversight

Portfolio Oversight
Posted: 05/06/2022
Full Time
Los Angeles, CA
Support the Portfolio Oversight team for CIM’s core and opportunistic funds.  CIM’s Portfolio Oversight function leads coordinated efforts among internal teams to optimize the composition of CIM’s funds, maximize the value of its investments to drive fund performance, and communicate fund performance to investors and prospects. 
ESSENTIAL FUNCTIONS:
  • Portfolio Oversight – Act as subject matter expert on the strategy and underlying investments to ensure decisions regarding individual assets are made with an eye towards the impact on the portfolio as a whole

  • Acquisition analysis – work with Investments team to evaluate the risk/return and potential fit of new investments
  • Portfolio Composition Review – develop hold/sell recommendations on individual assets within CIM’s funds and create strategy for go-forward portfolio composition targets based on an assessment of market and valuation trends
  • Portfolio and asset-level leverage analysis – Analysis and support for decisions relating to leverage & lending
  • Investment pipeline – Maintain up to date knowledge and understanding of potential acquisitions

  • Asset Management – Work closely with Investments team to oversee and monitor the overall performance of all assets in the portfolio

  • Track progress of each investment against its business plan
  • Collaborate with other CIM departments to make recommendations for asset-level decisions, including leasing, property management, development, and construction
  • Hold various internal groups across CIM accountable for delivering against stated business plan objectives
  • Opine and review annual budgets and business plans
  • Review and present quarterly third-party appraisals to senior management
  • Provide detailed and regular updates to investors and internal stakeholders

  • Reporting & Fundraising – Meet the needs of existing and prospective partners and co-investors to support our portfolio’s activities by acting as subject matter expert on the strategy, composition and performance of the Fund

  • Market research
  • Investor and Consultant reporting (Quarterly Variance Analysis, Update reports, etc.)
  • Assisting in the development of presentations and materials to support marketing and due diligence efforts (Flipbook, Annual and Quarterly reports, DDQ, Case Studies, etc.)
  • Partner and Co-investor meetings / calls and tours
  • On-site and off-site due diligence meetings
  • Continuous improvement of service offering
  • Investor negotiation (side letters, closings)
  • EDUCATION/EXPERIENCE REQUIREMENTS:
  • 1-3 Years’ prior experience in Real Estate or Investment Banking or related field
  • Demonstrated competence with Microsoft Office including Outlook, Excel, PowerPoint and Word
  • Demonstrated experience with financial modeling
  • Familiarity with financial statements, including income statement, balance sheet, and cash flow statement
  • Must be willing to travel up to 25% of the time, both domestically and internationally
  • KNOWLEDGE, SKILLS, AND ABILITIES:
  • Familiarity with and ability to read, analyze and interpret complex legal documents, such as fund organizational documents and side letters. 
  • Ability to respond clearly and concisely to the most sensitive inquiries in written and verbal format to a wide range of audiences.
  • Ability to effectively interact with both internal and external parties on complicated topics and sensitive matters
  • Ability to calculate, analyze, and explain real estate related return metrics and other variables
  • Ability to comprehend and analyze general economic data and statistics
  • Ability to define problems, collect data, establish facts, and draw valid conclusions
  • PERFORMANCE METRICS:
  • Portfolio and asset level performance
  • Support of fundraising efforts
  • Consistency and quality of content
  • Depth of subject-matter knowledge
  • CIM does not accept unsolicited resumes from Agencies.  Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid.  If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.