Amherst - Associate - Asset Management - IIM/ISB/MDI/FMS (2-8 yrs)

Associate Asset Management

Position: Associate, Asset Management

Department: Asset Management

Amherst Overview:

- Amherst is a vertically integrated real estate investment, development, and operating platform, offering solutions across the U.S. real estate capital stack, including single-family residential (SFR), mortgage-backed securities (MBS), and commercial real estate (CRE).

- Amherst is headquartered in Austin, TX and New York, NY, in the United States, with regional global offices located in India and Costa Rica.

- Underpinned by proprietary technology, battle-tested data and mortgage model, and a deep understanding of U.S. real estate markets, Amherst's vertically integrated platform seeks to provide investors a more efficient model to price, finance, and manage real estate with turnkey execution capabilities across the firm's debt and equity strategies in the public and private residential, commercial, and mortgage-backed securities markets.

- Our Single-Family Residential (SFR) strategy has quickly scaled over the last 10 years to own and operate 40,000+ homes in 30+ markets across 20 states while building a vertically integrated real estate investment and operating platform that manages approximately $18bn in assets.

- Across the SFR strategy, Amherst acquires, builds, renovates, leases, finances, manages, and disposes of homes on its own account and for its investors.

- Outside of the SFR strategy, Amherst is engaged in various strategic initiatives and venture businesses, including commercial real estate debt and equity (all things non-SFR) and mortgage-backed securities advisory.

- For Further information about The Amherst Group, kindly visit https://www.amherst.com/ .

Department / Role Overview:

Amherst Residential:

- The Amherst Merchant Banking business unit oversees investment management activities for Amherst, including the raising of new debt and equity capital, the formation of new ventures, the strategic acquisition and disposition of homes and the management and operation of Amherst's portfolio investments.

- The Merchant Banking business unit collaborates closely with the other Amherst business units, including the Development and Operator business units, as part of the fully integrated Amherst platform.

- The Amherst Merchant Banking division is seeking to expand its global service delivery footprint in Mumbai (NESCO, Goregaon East), India, with a goal of establishing a team of professionals working across multidisciplinary functional areas in close collaboration with U.S.-based personnel.

- The Asset Management team oversees the investment strategy and asset management for Amherst's $15bn real estate portfolio and is looking for an Underwriting Analyst who will work in a fast-paced, quantitatively driven environment, and is comfortable managing and streamlining various high impact projects and decisions across the portfolio.

- They will be working on the buy-side acquisitions platform in the single-family residential real estate sector and be involved in identifying, underwriting, due diligence and concession negotiation management across Amherst's new acquisition opportunities.

- The Analyst will also play a pivotal role in the ongoing revenue management pricing and strategy for our existing portfolio of 45,000+ homes.

Job Description (Primary Responsibilities):

- Financial Analysis and Modeling of Strategic Acquisition opportunities

- Portfolio Optimization by identifying rental assets that should be marked for sale

- Construct detailed and holistic presentations to report on market trends and strategies for senior management to inform investment strategies across the organization

- Underwrite and monitor the rental market to analyze existing portfolio performance and help with revenue management strategies for various regions across Amherst's 45,000+ homes portfolio

- Collaborate and drive strategic initiatives across Amherst's operating partners to improve margins and returns

Desired Skills/Qualifications:

- MBA from tier 1 college. Specialty focus in Real Estate or Finance a plus

- 2+ years of relevant experience in financial analysis and modeling preferably for real estate related disciplines

- Fluent in Microsoft Excel and PowerPoint, knowledge of SQL and Python a plus

- Strong academic background with focus in finance, real estate, accounting, or math preferred

- Top-ranked performer with a track record of success (academic, professional)

- Strong verbal and written skills to communicate effectively with internal and external professionals

- Candidate should be extremely detail-oriented and organized with a proven ability to work well in a high-intensity environment to complete tasks quickly and effectively

- Ability to prioritize multiple deadlines while delivering a high quality product under tight time constraints

- Desire to work on a highly collaborative, fast paced team

Amherst's core values:

- Culture & Conduct: Positive attitude with high integrity. Agile in adapting to a dynamic environment with emerging datapoints. We do the right thing the right way and are accountable for our actions.

- Client-Centricity & Business Acumen: Strong Team player, multiple internal/external stakeholders management.

- Communication & Connectivity: Strong written and verbal communication skills with clients and management.

- Collaboration - We align, contribute, and win together.

- Execution & Delivery: Self-starter, Proactive, motivated, driven personality, Excellent organizational and time management skills.

- Agility - We are nimble and responsive.

- Community - We empower and support people to create a sense of belonging for all.

- Working Shift/ arrangement: US Shift (1:30 PM - 10:30 PM - IST and 4:30 PM - 1:30AM), Flexible

- Hybrid working model