Associate / Senior Associate, Open-Ended Real Assets
: Job Details :


Associate / Senior Associate, Open-Ended Real Assets

Brookfield

Location: New York,NY, USA

Date: 2024-12-03T08:19:18Z

Job Description:

Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Brookfield is a global asset manager focused on real estate, infrastructure, renewable energy & transition, private equity and private credit with approximately USD 1 trillion of assets under management.

The Global Client Group (GCG) manages institutional relationships and raises capital for Brookfield's various private funds.

The Diligence Management team is a newly established division responsible for managing the end-to-end fund due diligence process for Brookfield's various private funds. The team oversees all aspects of the fund due diligence process, from fund launch and initial client interest to IC approval. The Associate serves a critical function within the team, partnering with Client Relationship Managers, Fundraise Management, Investor Relations, Marketing, Product Development, Legal, Compliance, Tax and other stakeholders to deliver this best-in-class diligence experience for prospects and drive client conversions.

JOB PURPOSE: (prime focus and objective of the position)

The Associate / Senior Associate plays a pivotal role in the Diligence Management team, partnering directly with prospective investors, CRMs and other stakeholders to manage all aspects of the due diligence process for Brookfield's open-ended real estate funds. This includes initial maintenance of diligence materials, project managing all diligence deliverables (RFPs, DDQs, etc.) and coordinating client calls, meetings, asset tours, on-sites to advance investor due diligence processes.

The role is principally focused on working with investors in open-ended real assets funds (Infrastructure and Real Estate) but may occasionally cover other open-ended and / or private wealth products across other asset classes as needed. Over time, the position is expected to develop significant expertise in the firm's investment platform and funds and serve as a client-facing contact working directly with investors to guide them through the due diligence process.

The responsibilities of the role include:

* Developing and managing required due diligence deliverables necessary to advance clients during fundraising, including DDQs, RFPs, RFIs, quantitative datasets, IDD / ODD presentations, etc.

* Working closely with stakeholders to respond to investor diligence requests, especially the investor relations team and investment professionals to provide nuanced technical materials to advance the fund diligence process

* Planning and overseeing interactions between prospective investors and investment teams or other subject matter experts (tax, legal, operational, etc.) as part of fund due diligence, including managing calls, meetings, asset tours, arranging on-sites, due diligence days, etc.

* Working directly with clients and CRMs to design individual diligence plans and tracking and reporting on all due diligence activities, both internally and to clients

* Creation and maintenance of due diligence materials (standard DDQs, investor presentations, PPMs, case studies, quantitative datasets, etc.)

* Building a thorough understanding of the firm's open-ended real estate funds, strategy, and portfolio as well its corporate setup, history, operations to facilitate the accurate and consistent creation of diligence content

* Navigating and effectively utilizing the firm's suite of tools and resources to respond to client requests, including the RFP content database (Loopio), standard quantitative datasets, HR and personnel data, performance metrics, etc.

* Demonstrating excellent interpersonal and communications skills, both verbally and in writing, and the ability to work directly with clients, CRMs, senior investment professionals and other team members under tight deadlines and across jurisdictions.

* Managing other client-facing materials and channels related to fund due diligence, including updating consultant databases and maintenance of marketing collateral during fundraising period (e.g., pitchbook presentations, standard DDQs, case studies, etc.)

QUALIFICATIONS REQUIRED:

* Bachelor's degree in finance, economics, business management, marketing, communications or other relevant discipline

EXPERIENCE REQUIRED:

* 3-5 years of experience in real estate fund marketing, due diligence, sales, client services or other fundraising or client function

* Familiarity with investment products and services, including a strong understanding of real estate and infrastructure asset classes and investment strategies; experience with open-ended real estate, infrastructure and / or private wealth products

* Strong project management skills, with experience in managing timelines, resources, and stakeholders across multiple projects simultaneously; experience in a global environment working with stakeholders across numerous jurisdictions and time zones strongly preferred

* Experience in high volume processes and technology enabled solutions

KEY COMPETENCIES/BEHAVIOURS REQUIRED:

* Good technical knowledge and familiarity with the real estate asset class; solid understanding of the investor mindset and needs when conducting due diligence, including familiarity with distinct client types and distribution channels

* Outstanding verbal and written communication skills in English.

* High attention to detail in written materials and quantitative data is crucial.

* Strong understanding of due diligence processes, with project management skills and the ability to work under tight deadlines while maintaining a high standard is essential; highly organized with a proven ability able to handle multiple concurrent assignments

* Must work well in a team environment, excellent interpersonal skills to engage senior professionals and liaise with global teams across the firm.

* Experience in relevant software tools or equivalents is a plus (Salesforce, Loopio, PowerBI, Mercatus, Seismic)

* Proficiency with Microsoft Office Suite

* Excellent planning and organizational skills.

* Ideally strong relationship management skills and exposure in working across multiple countries, being able to flex communication style to diverse geographies and investors

* Shares information with team members in a clear and concise manner.

* Proactively seeks opportunities to get involved in more challenging projects.

* Ability to multi-task, prioritize effectively and work in a very fast-paced and team-oriented environment.

* Self-motivated and proactive, both with respect to managing workload and own professional development.

Salary Range: $120K - $160K

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.

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