Associate, Portfolio Oversight

ABOUT CIM GROUP:

CIM Group is a community-focused owner, operator, lender and developer of real assets headquartered in Los Angeles, California. We are 1000 employees strong around the world, with $32.2B in assets owned and operated. Our projects have delivered jobs; created comfortable places to live, work and relax, and provided necessary and sustainable infrastructure.

Our focus on enhancing communities is unwavering, and we are striving to make an even greater impact in the years to come. Our diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. We strive to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which we invest. 

To learn more, visit us at www.cimgroup.com.

POSITION PURPOSE:

Support the Portfolio Oversight team for CIM’s Real Estate Credit Strategies. CIM’s Portfolio Oversight function leads coordinated efforts among internal teams to optimize the composition of CIM’s funds, maximize the value of its investments to drive fund performance, and communicate fund performance to investors and prospects.

ESSENTIAL FUNCTIONS:

The candidate will be tasked with managing a workload which includes both individual responsibilities and collaborative assignments focused on the following areas:

  Reporting & Fundraising – Meet the needs of existing and prospective partners and co-investors to support our portfolio’s activities by acting as subject matter expert on the strategy, composition and performance of the Fund

-  Market research

 - Investor and Consultant reporting (Quarterly Variance Analysis, Update reports, etc.)

 - Assisting in the development of presentations and materials to support marketing and due diligence efforts (Flipbook, Board  Books, Annual and Quarterly reports, DDQ, Case Studies, etc.)

 - Partner and Co-investor meetings / calls and tours

 - On-site and off-site due diligence meetings

 - Continuous improvement of service offering

Portfolio Oversight – Act as subject matter expert on the strategy and underlying investments to ensure decisions regarding individual assets are made with an eye towards the impact on the portfolio as a whole

- Portfolio and asset-level leverage analysis – Analysis and support for decisions relating to leverage & lending

- Investment pipeline – Maintain up to date knowledge and understanding of potential acquisitions

- Portfolio Modeling – manipulate financial models to determine impacts of different leverage assumptions and asset composition

Asset Management – Work closely with the Loan Resource Group and Servicing Team to monitor the overall performance of all assets in the portfolio

- Track progress of each investment against its business plan

- Hold various internal groups across CIM accountable for delivering against stated business plan objectives

-  Review and present quarterly third-party valuations to senior management

- Provide detailed and regular updates to investors and internal stakeholders 

• 2 Years’ prior experience in Real Estate or Investment Banking or related field

• Familiarity with and ability to read, analyze and interpret complex legal documents, such as fund organizational documents and side letters. 
• Ability to respond clearly and concisely to the most sensitive inquiries in written and verbal format to a wide range of audiences.
• Ability to effectively interact with both internal and external parties on complicated topics and sensitive matters

• Ability to calculate, analyze, and explain real estate related return metrics and other variables
• Ability to comprehend and analyze general economic data and statistics

• Ability to define problems, collect data, establish facts and draw valid conclusions

• Demonstrated competence with Microsoft Office including Outlook, Excel, PowerPoint and Word
• Demonstrated experience with financial modeling
• Familiarity with financial statements, including income statement, balance sheet, and cash flow statement

• Portfolio and asset level performance
• Support of fundraising efforts
• Consistency and quality of content
• Depth of subject-matter knowledge

• Must be willing to travel up to 25% of the time, both domestically and internationally

HOW WE FEEL ABOUT DIVERSITY & INCLUSION

CIM Group is committed to bringing together people from different backgrounds and perspectives, providing employees with a safe and welcoming work environment. We strongly believe that a diverse & inclusive environment where everyone can thrive, feel a sense of belonging, and do impactful work together will lead to a better environment for our employees. As an equal opportunity employer, we are proud to foster a workplace free from discrimination against a job applicant on the basis of their race, color, religion, gender, gender identity, gender expression, sexual orientation, national origin, family or parental status, disability*, age, veteran status, or any other status protected by the laws or regulations in the locations where we operate. We respect the laws enforced by the EEOC and are dedicated to going above and beyond in fostering diversity across our workplace. 

*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group. Please inform our Talent Team if you need any assistance completing any forms or to otherwise participate in the application process.

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CIM does not accept unsolicited resumes from Agencies.  Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid.  If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.