Portfolio Management Associate

Description

Title: Portfolio Management Associate

Our Firm

National Development is a vertically integrated real estate investment, development and management company. One of Boston’s leading firms for over 40 years, it invests throughout the Northeast, helping to shape communities across the region through a legacy of transformative properties. The firm has earned a reputation for delivering long-term value by thoughtfully navigating complexity through the creativity and deep experience of its team. National Development has developed and/or acquired more than 40 million square feet across a diverse range of property types and manages over $6 billion of assets through a series of fully discretionary real estate investment funds.

Description

National Development is seeking an experienced individual to support our portfolio analytics and management functions. The ideal candidate will have 3-5 years of experience in commercial real estate, finance, or related analytical roles. The individual will support the portfolio management team in analyzing, monitoring, and reporting on a large and diversified real estate portfolio to deliver timely and accurate insights and drive strategic decision making. This role will play a key part in supporting investor communications and fundraising by developing materials, coordinating requests, and ensuring consistent messaging to internal and external audiences, including leadership, auditors, and investors.

Key Responsibilities

• Assist in coordinating and executing the valuation processes for investments within National Development’s portfolio, including providing support to auditors and managing requests.
• Develop a fundamental understanding of internal financial analysis and tracking models and execute periodic updates and enhancements.
• Assist in the preparation and review of Fund and asset-level forecasting, sensitivity analysis, and performance attributions, as well as investor distribution allocations.
• Synthesize portfolio data and key real estate and macroeconomic trends to develop portfolio and macro viewpoints in coordination with internal stakeholders.
• Create and maintain materials for periodic reporting, investor updates, presentations, and fundraising in collaboration with asset management and finance/accounting teams.
• Contribute to ongoing and special research related to target market fundamentals and macroeconomic trends.
• Monitor and track acquisitions, dispositions, and investment activity across the portfolio.
• Assist with tracking and completing ad hoc investor requests.
• Complete special projects and other related responsibilities.

Qualifications & Key Competencies

• 3-5 years in an analytical/data-driven role, preferably with experience in investment management, consulting, or accounting.
• Bachelor’s degree in finance, real estate, accounting, or economics, with strong academic credentials.
• Advanced ability to create and manipulate complex financial models in Excel; strong proficiency with other Microsoft Office suite platforms, (Word, PowerPoint).
• Ability to multitask and prioritize workload to meet established deadlines and performance standards.
• Strong analytical, organizational, and communication skills.
• Collaborative team player with a proactive, resourceful approach.
• Detail-oriented with strong quantitative analysis, problem solving, presentation, and writing skills.
• Willing to work onsite full-time in our Newton office.

What We Bring You

At National Development, we believe our greatest asset is our people. We are committed to supporting the health and wellbeing of our employees by offering a comprehensive benefits package to help everyone thrive both personally and professionally. Our benefits take into consideration everything from career development to family matters, health and wellness, and future planning:

• Affordable Health, Dental and Vision Plans to ensure you and any dependents are well cared for.
• Flexible Spending Plans (Medical & Dependent Care).
• Life Insurance and LTD to protect you and your loved ones.
• Employee Assistance Program, offering access to various life management resources, including confidential support for your mental health and wellbeing.
• Employee Wellness Incentives to keep you active and informed.
• Company-matched 401K to help you build a secure financial future.
• Tuition Reimbursement Program to support you in continued learning and professional growth.
• Paid Time-off to promote optimal work life balance.

National Development is proudly an Equal Opportunity Employer (EEO) and encourages all qualified candidates to apply. We do not discriminate against employees or prospective employees based on race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, age or military status.