Real Estate Investment Analyst
SUMMARY
The Palisades Group, LLC (“Company”), an Austin, TX-based investment firm, is looking for an Investment Analyst to join its growing and dynamic team. Your responsibilities will include building and enhancing proprietary investment models, pricing residential mortgage pools, liaising with counterparties for purchases and sales, creating performance and investor reports and other ad-hoc analysis as needed. Analysts must have a strong analytical background, be proficient at manipulating/analyzing large datasets, and have a superior knowledge of mathematics and statistics. This is a small team and any candidate must be a team-player, able and willing to work on cross-over projects, able to pick up complex concepts and communicate effectively to both internal and external constituents. The position will allow the candidate to collaboratively work across the Company’s cross-functional teams (Trading & Analytics, Asset Management, Capital Markets, Data Research & Reporting, Transaction Management, and Collateral Management) and to learn from the firm’s industry leading professionals. The ideal candidate will be intellectually curious, a self-starter, have a strong attention to detail, and be able to work under time sensitive deadlines. Excellent written and verbal communication skills are required.
As of December 31, 2019, Palisades manages mortgage, real estate and fixed income assets that amount to over $3.2 billion in notional balance ($2.7 billion of fee earning assets under advisement) through a series of discretionary funds and separate accounts for globally recognized asset managers, private equity, family office, bank, broker dealer and insurance companies.
ESSENTIAL DUTIES
- Learning, maintaining and enhancing proprietary investment and pricing models
- Working with application development personnel to enhance and streamline quantitative tools
- Performing scenario analysis using our proprietary asset pricing model
- Running analyses using licensed software tools such as Collateral Analysis System (CAS)
- Creating tools, analytical reports and accounting metrics for our investors and advisory clients
- Preparing presentation materials for investors, bankers, and internal constituencies
- Perform quarterly portfolio reforecasts for client accounts
- Creation of portfolio performance reports
- Provide summaries on the state of the fixed income and securitization markets
- Any ad hoc analysis that may be requested
MINIMUM REQUIREMENTS
- Proven record of or ability for development of analytical tools and methodologies, including creation of spreadsheet based reports, tools and analyses. Advanced knowledge of MS Excel and VBA; experience with MS Access, SQL, and R preferred
- Exceptional verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, speak clearly to customers and employees
- Ability to deal with advanced problems involving multiple facets and variables in standardized or specialty situations
- Ability to work with minimal supervision while performing duties
Education: Bachelor's degree from a top undergraduate program, CFA designation or current enrollment a plus
Experience: Mortgage or real estate experience in capital markets, hedge fund, or asset management preferred. The Company will consider a recent undergraduate with strong academic background