CBRE Affordable Housing Group is seeking an Associate Financial Analyst who is detail-oriented, self-motivated, has a high-level analytical aptitude and is ready to join our Seattle-based real estate services team. CBRE Affordable Housing Group is the pioneer and national market leader in providing transaction brokerage and advisory services for Section 42 Low Income Housing Tax Credit (LIHTC) and Section 8 multifamily properties throughout the United States.
The Associate Financial Analyst will drive all aspects of LIHTC property valuations and investment analysis. Responsibilities will include preparing financial models, research and analysis to establish supportable underwriting assumptions, presenting optimal valuation strategies and pricing recommendations to the Advisory Team, and administrative and organizational aspects of workflow. Opportunity offers a well-defined career path and rapid advancement for top performers.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Prepare financial models for investment analysis using Microsoft Excel
Abstract property financial information and other due diligence including promissory notes and regulatory agreements
Conduct market research on demographic and economic trends
Complete and review rent and sale comparability studies
Establish supportable underwriting assumptions and cash flow projections for investment sale opportunities using market research and analysis
Present valuation strategies and pricing recommendations to Advisory Team
Manage assigned valuation pipeline
Complete special projects as assigned to create process improvements and to advance the industry knowledge of the team
REQUIREMENTS AND QUALIFICATIONS
Knowledge of financial, economic, and accounting concepts including risk and pricing strategy
Microsoft Excel – intermediate to advanced proficiency
Outstanding attention to detail
Strong written and verbal communication skills
Project management and the ability to multi-task in a high-speed environment
Works well on a team
Strong work ethic
EDUCATION AND EXPERIENCE
Bachelor's degree (BA/BS) from a four-year college or university in finance, accounting, mathematics, economics, real estate, or a related field. Prior real estate or investment analysis experience preferred.
CERTIFICATES and/or LICENSES
Strong written and verbal communication skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information to supervisors and finance management.
Requires knowledge of basic financial terms, concepts and accounting principles.
Ability to comprehend, analyze, and interpret financial information and the ability to accurately explain/report activity in verbal and written communications. Requires intermediate analytical skills.
OTHER SKILLS and/or ABILITIES
Computer skills, including specific knowledge of Microsoft Office Suite (Excel, Word, Outlook, PowerPoint, etc.). Strong work ethic and adaptable.
SCOPE OF RESPONSIBILITY
Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Responsibly for setting own project deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.
Internal Number: 19007828
With broader and deeper capabilities than any other company, CBRE is the leading full-service real estate services and investment organization in the world.
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2017 revenues of $14.2 billion and more than 80,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #214 in 2017. It also has been voted the industry’s top brand by the Lipsey Company for 17 consecutive years, and has been named one of Fortune’s “Most Admired Companies” in the real estate sector for six years in a row. Its shares trade on the New York Stock Exchange under the symbol “CBRE.”
CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.