StepStone Group

StepStone Group

Principal - Real Estate Advisory

New York · Principal

Sponsorship not specified$170k-$180kDetected 13 days ago
Site Reliability EngineeringBusiness DevelopmentFinancial ModelingAccountingResearchCommunicationCollaborationMentoringUnderwriting

About the role

  • The role is principally oriented towards commingled fund investments and will involve manager coverage and oversight of investment evaluations including Fund Summaries, Investment Committee memos and other ad hoc materials as needed.
  • The candidate will also hold a senior role on client accounts that will involve making portfolio construction and investment recommendations to clients and SRE's internal committees.
  • Essential Job Functions: Client coverage manager, where success includes earning the role of trusted advisor and executing well.

Responsibilities

  • New business development - The primary role is to work with the client prospect to build the relationship, develop confidence in SRE and convert opportunities.
  • working with the SRE and StepStone business development teams and coordinating responses and deliverables across the SRE team including senior management, specialists and support team.
  • converting networks and market presence into sourcing opportunities. This is a growth area, not a requirement and would supplement the efforts of a dedicated business development (BD) team, SRE partners and others.
  • Key role in building and maintaining a collaborative, connected and vibrant culture in the NY research team, with good connectivity across shared functions within the global Manager Research team
  • Building and maintaining positive relationships across support groups outside of the research team, including the secondaries and co-investments ('Active') team, SRE BD (marketing, rfp support), firm level BD, systems and reporting teams, etc

Requirements

  • 15+ years of experience in a manager and/or investment underwriting role in real estate
  • Financial modeling skills (pacing models, track record analysis, portfolio construction, etc)
  • Required Knowledge, Skills, and Abilities
  • Ability to thrive in a deadline-oriented environment, emphasizing timely and accurate client deliverables
  • Minimum Required 3 days a week in office presence
  • Candidates must be at least 18 years old to apply.

Skills

  • effective verbal communication both formal and informal,
  • delivering a range of written materials from tight presentation decks to winning rfps.
  • Team building
  • Training, managing and motivating junior team members across multiple levels
  • Source co-investments, secondaries and other tactical investment opportunities

Compensation

  • Salary Range - $170,000 - $180,000

Visa & Work Authorization

  • portunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender exp

This listing is sourced directly from StepStone Group's careers page and normalized into a canonical job model.