Onsite Multi-Family Real Estate Portfolio/Development Analyst/Associate

Posted 1 hour ago

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About the role

  • Development Equity Analyst/Associate focusing on oversight and facilitation of equity contribution processes for Final Closing and Stabilization at RBC Capital Markets. Engaging with developer partners to support affordable housing investments.

Responsibilities

  • Oversight and facilitation of the equity contribution process, specifically for Final Closing and Stabilization
  • Participate in hand-off meetings with the Construction Risk Manager once a property transitions to the lease-up phase
  • Communicate regularly with the team on monthly lease-up progress and achievement of 100% qualified occupancy
  • Manage the debt service coverage calculation and communication of the equity adjusters with the developer partner
  • Review sources and uses for conversion from construction to permanent financing and verify compliance with terms of partnership agreement
  • Complete the DCR Test report using RBC’s underwriting standards
  • Verify compliance with terms of partnership agreement as it relates to construction completion guarantee

Requirements

  • Bachelor’s degree, preferably in Finance, Economics, Accounting, or Real Estate/Urban Planning
  • MBA or master’s in finance, Accounting or Real Estate preferred
  • Experience in affordable housing, tax credit syndication, transaction processing, or real estate underwriting activities and financial modeling
  • Key skills include real estate concepts, financial analysis, and strong organization and prioritization
  • Proficiency in MS-Outlook, MS-Excel and MS-Office applications
  • Excellent verbal and written communication skills are essential

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits
  • Competitive compensation
  • Stock where applicable
  • Health, dental, vision, life and disability insurance
  • Paid time-off plan

Job title

Multi-Family Real Estate Portfolio/Development Analyst/Associate

Job type

Experience level

JuniorMid level

Salary

$85,000 - $125,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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