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 planCollaborate 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 managementProvide 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 researchInvestor 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 toursOn-site and off-site due diligence meetingsContinuous improvement of service offeringInvestor negotiation (side letters, closings)EDUCATION/EXPERIENCE REQUIREMENTS:
1-3 Years’ prior experience in Real Estate or Investment Banking or related fieldDemonstrated competence with Microsoft Office including Outlook, Excel, PowerPoint and WordDemonstrated experience with financial modelingFamiliarity with financial statements, including income statement, balance sheet, and cash flow statementMust be willing to travel up to 25% of the time, both domestically and internationallyKNOWLEDGE, 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 mattersAbility to calculate, analyze, and explain real estate related return metrics and other variablesAbility to comprehend and analyze general economic data and statisticsAbility to define problems, collect data, establish facts, and draw valid conclusionsPERFORMANCE METRICS:
Portfolio and asset level performanceSupport of fundraising effortsConsistency and quality of contentDepth of subject-matter knowledge