Research Analyst Asset Management

Job Description

DesignationResearch Analyst – Asset ManagementFunctionAsset ManagementReporting To (Title)AVP – Asset ManagementEntity VR South Asia Pvt LtdLocationGurugramStarting TimelineImmediate
About VR South AsiaHeadquartered in Singapore, Virtuous Retail South Asia Pte. Ltd. (VRSA) is the only institutionally-backed integrated retail platform that designs, develops, owns, and manages community-oriented lifestyle centers across India. VRSA's current pan-India portfolio is 14 million sqft., with six operational flagship centres VR Chennai, VR Bengaluru, VR Punjab, VR Nagpur, VR Surat and VR Ambarsar, and one project under development in Delhi and one under planning in Mumbai.
Over the last 17 years, Virtuous Retail has redefined the spatial retail experience for consumers by delivering innovative centres that seamlessly integrate shopping, hospitality, food, leisure, and entertainment. These award-winning lifestyle centres are designed and operated by Virtuous Retail as social hubs that are ‘Connecting CommunitiesÂ’, contributing significantly to India’s economy, and enhancing the overall brand image of the city they are located in by celebrating the local culture.
About the Opportunity
Besides an attractive remuneration package, working for VR gives you the opportunity to join a high- growth platform that is leading the transformation of India’s urban built environment. In this multi-faceted role, you will be responsible for end-to-end asset management activities of select operational mixed-use centres of VRSA in India.
You will be working directly with the group’s senior management and will get to create a meaningful impact on businesses across India. The team is fast paced, hard-working, and result-oriented, and we are committed to providing you the opportunity to grow more rapidly than is possible at most other places in this industry.
This position will suit a self-motivated individual who has a deep interest in the real estate investment space and possesses strong business acumen, technical, financial skills. A positive and enthusiastic approach is essential, along with the ability to communicate crisply with co-workers at all levels, including senior management.

Core ResponsibilitiesAsset Management and Operating Performance

• Drive initiatives that can help in revenue enhancement in the form of increasing sales for the centre, enhance footfalls, drive rental growth through creative deal structuring, etc.
• Work with various internal and external stakeholders to improve valuation of the asset.
• Provide inputs on structure and revenue proposals from leasing, marketing, events, promotions, etc. along with the sales and marketing team.
• Support marketing teams in enhancing effectiveness of marketing strategies in terms of conceptualizing unique activations/events, monetizing marketing events, and driving relevant footfalls from marketing activities.
• Drive various asset enhancement initiatives that can contribute towards increased development footprint, enhanced revenues, customer experience, product offering, etc.

Reporting, Due Diligence and Investment Analysis

• Support in preparation of the annual business plan, leasing plan, capital programme for the assets.
• Provide analytical support for the assets on a monthly/quarterly basis with the senior management of VR.
• Prepare asset management reports as required for the investment committee.
• Participate in the due diligence review for any asset enhancement activities, lease reviews, operation reviews and HR matters.
• Ensure proper knowledge management practices, competition updates, market overviews, as relevant for the operational asset etc.

Qualifications / Experience Required

• MBA or equivalent master’s degree, with 5-07 years of post-graduate work experience.
• Experience in a Real Estate focused investment/asset management profile / institutional commercial rea estate players would be an added advantage.
• Good knowledge in financial modeling and presentation skills.

Preferred Qualities

• Leadership skills
• Attention to detail
• Excellent time management and organizational skills
• Strong work ethic, intense drive, and initiative for quality and customer service.
• Ability to act and operate independently with minimal daily direction
• Ability to identify and resolve problems and develop alternative solutions on time
• Good interpersonal skills

VRSA is an equal opportunity employer. All aspects of employment, including decisions to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We celebrate diversity and do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, medical condition, pregnancy, gender, sexual orientation or gender identity.