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Real Estate Private Equity Analyst / Associate Role Overview

StepStone is currently seeking candidates with excellent quantitative, qualitative, and interpersonal skills for an Analyst / Associate position on StepStone’s Active Real Estate Team. The Analyst's / Associate's primary role is to assist in the evaluation, due diligence, and execution of real estate investments. The Analyst / Associate will work in a team environment with other team members to source and underwrite new investment opportunities, negotiate acquisition terms, manage existing assets, and conduct asset dispositions. The Analyst / Associate will have the opportunity to present recommendations, with the investment team, to the Real Estate Investment Committee.

StepStone prides itself on the Firm’s collegial atmosphere, encouraging team-building initiatives and a collaborative approach to accomplishing projects. The Analyst / Associate will have exposure to all levels of the Firm, from Partners to fellow Analysts / Associates, on a daily basis.

The ideal candidate will possess a bachelor’s degree and a background in real estate private equity/credit, investment banking, or other real estate - or finance-related industries. The Analyst / Associate will adhere to the highest ethical standards, as well as demonstrate maturity, reliability, and attention to detail.

Essential Job Functions:

• Participate in the underwriting and due diligence process for potential acquisitions, including financial analysis, market research, site visits, and document review
• Perform financial modeling and sensitivity analysis related to investment opportunities
• Prepare for and participate in meetings with managers and conduct on-going due diligence
• Form an independent opinion about the attractiveness of a sector or investment opportunity
• Construct an argument around an opinion and efficiently communicate that argument both verbally and in written materials; be able to defend position in a team environment, including Investment Committee meetings
• Draft investment memorandums and presentations related to acquisition opportunities
• Assist with asset management duties, including financial analysis and investor reporting for existing investments
• Support the fundraising process, including creating fundraising presentation materials and coordinating historical fund- and asset-level performance analysis
  
  
  

Education and/or Work Experience Requirements:

• 1-4 years of experience in real estate private equity/credit, investment banking, or related real estate finance field
• BA/BS in Business, Finance, Economics, Accounting, Real Estate, or related field
• Demonstrated track record of academic and professional success
• Takes pride of ownership in work, and work ethic
• Ability to represent the Firm credibly in written and interpersonal communications
• Demonstrable analytical capabilities, including strong quantitative/modeling skills
• High proficiency in Word, PowerPoint, and Excel
• Developing investment judgment and general understanding of risk/reward trade-offs
• Flexibility to work within StepStone’s dynamic and entrepreneurial organization
• Based in San Francisco, with availability to travel, primarily domestically
  
  
  

Knowledge, Skills, and Ability Requirements:

• ARGUS experience optional but preferred
• Promote and demonstrate a positive, team-oriented attitude
  
  
  

Salary Range - $105,000 - 135,000

The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Developing People at StepStone