Description: The Analyst will work in collaboration with the team to implement value-added strategies for JLL Real Estate Capital, LLC (“JLL REC”) across all property types while maintaining the core ethical values of JLL REC. The Analyst must demonstrate attention to detail, organization, analytical orientation, leadership, and possess the initiative to work in an independent and reliable manner. The Analyst will be relied upon to analyze the financial performance of the JLL REC portfolio and provide thoughtful analysis which will be heavily utilized for JLL REC’s overall risk assessment. Building positive and professional rapport with the Asset Management team, JLL Production, colleagues, and Borrowers is a key component to the Analyst providing value to JLL REC. The Analyst, with guidance from Asset Managers, will be expected to proactively manage risk while being available as direct support for the Asset Management team for analytics, reports and various projects.
Essential Functions:
Analyzes annual and quarterly financial statements for an assigned portfolio of multifamily and commercial properties in accordance with JLL REC best practices and the requirements of HUD, life companies and other investors
Follow up with Borrowers and management companies regarding financial statement variances and general questions regarding income and expenses
Conduct local market research to obtain sales comps, lease comps, and MSA economic drivers
Assist in preparation and delivery of reports as required by the lender/investor
Support updating policies, procedures and best practices
Coordinate ad-hoc reporting as requested by lender partners
Assist Asset Managers in preparing communication with Lenders and other ad-hoc requests to support the team
Assist Asset Managers of various portfolios with competing priorities such as consent request processing, third party report reviews, inspection report reviews, and other tasks that may arise
Contribute to data compilation to assist with audit and department initiatives
Review, prepare and make recommendations for releases from all escrows including replacement reserve, repairs, tenant improvement/leasing commission, insurance loss, etc.
Participate in Asset Management related meetings as requested
Prepare and submit assigned reporting to management and investors, as required
Lead individually assigned departmental tasks
Perform annual property inspections nationwide (requires about 10-15% travel) and follow up on any deferred maintenance and other noted issues
Other duties as deemed necessary
Qualifications Required:
Strong Microsoft Excel and Word proficiency
Strong math, verbal, writing, and organizational skills
Strong time management skills and ability to operate under demanding deadlines
Ability to multitask and work on several transactions simultaneously
Ability to recognize risk
Excellent attention to detail
Ability to audit own work
Ability to work independently and in teams
Ability to travel as needed
Required Skills: Undergraduate degree in a business-related field (i.e. Finance, Accounting, Real Estate, Business) with 0-2+ years’ experience in real estate and/or commercial real estate finance or property management or equivalent work experience.
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