Debt Associate - Portfolio Management

Clarion Partners, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 39 years. Headquartered in New York, the firm has offices in major markets throughout the U.S. and Europe. With over $63 billion in total assets under management, Clarion Partners offers a broad range of both equity and debt real estate strategies across the risk/return spectrum to its more than 500 domestic and international institutional investors. More information is available at .

Clarion Partners seeks a commercial real estate finance professional to play an integral role on the Debt Investment Team. The Team’s focus is on sourcing, underwriting, closing and asset managing real estate subordinate debt, senior debt and preferred equity transactions secured by institutional-quality properties located throughout the U.S and in all property types on behalf of its managed funds and separate accounts.

The position will offer meaningful work in a wide variety of the Team’s investment activities including loan originations, portfolio management, acquisitions and asset management. This position will be based in Clarion’s New York, NY office. 

Responsibilities will include but are not limited to the following:

• Assist in sourcing, screening, underwriting and evaluating debt investment opportunities consistent with investment criteria across various Clarion Partners investment vehicles. 
• Create, assemble and modify cash flow projection and return models for stabilized, value-add and construction transactions utilizing both Argus and Excel.  Utilize judgment as well as internal and external resources, to assist Portfolio Managers in evaluating various underwriting assumptions and appropriate pricing/return parameters.
• Prepare and present investment opportunity summaries in conjunction with transaction staff for discussion with clients.
• Assist with drafting, coordinating and presenting Investment Memoranda to the firm's Investment Committee and Portfolio Management personnel.
• Assist with the loan closing process and asset management of transactions post investment closing.
• Utilizing deal tracking systems to maintain and track deal pipeline, produce pipeline reports and run analytics for management use.
• Interact with other key constituents including co-investment partners, lenders, borrowers, outside legal counsel, advisors, and third-party managers.
• Ownership of the financial models utilized to track investment and fund returns and other metrics.
• Periodic market research, analysis of market and competitive position.
• Prepare quarterly investor reports and annual valuations for transactions in the debt portfolio.
• Assist in preparation and participate in client conference, internal meetings and capital raising presentations.

Required Skills:

• Undergraduate degree required, Advanced degree is a plus
• Minimum of 4 years of relevant experience in a real estate finance capacity.
• Exceptional written and oral communication skills with a direct and open communication style.
• Strategic thinker, coupled with the ability to dive into the details.
• Strong financial acumen; technically and quantitatively adept.
• Ability to serve internal and external constituents in a fast-paced and nimble environment.
• Entrepreneurial mindset with the motivation to play a critical role in the growth of a platform, within an established organization. Will be able to demonstrate a collaborative approach to building a business.
• Proactive and self-sufficient. Strong work ethic, integrity and commitment to meet deadlines and complete projects with minimal supervision.
• Strong Microsoft Excel skills and proficiency in Argus a must.