CIM Group, LP Looking for 1st Vice President, Investments at New York County, New York Full Time

The 1st Vice President, Investments with minimal direction from an Oversight Principal, is able to independently lead a transaction from sourcing to disposition. The 1st Vice President will be involved in managing every component of the investment process, including, but not limited to investment sourcing, underwriting, market research, asset management, coordination of diligence, term sheet drafting and negotiations, closings, and investor meetings and correspondence. The 1st Vice President will work in a high-energy, rapid-pace environment with tremendous responsibility, independence, and growth potential. This position will be based out of our New York office and specific to the Real Estate (Equity) business.

ESSENTIAL FUNCTIONS:

• Source assets that align with CIM’s investment strategy and underwriting criteria; manage such assets through acquisition, ownership and disposition.
• Provide direction and oversight to the Associate and AVP, coordinate with other internal departments on the deal teams and oversee investment structuring in order to enhance returns and mitigate risks.
• Responsible for the preparation and/or review of Investment Committee Memos and financial models to ensure that the investment structuring concepts are fully addressed in the underwriting.
• With minimal direction and feedback from an Oversight Principal, conduct due diligence, review, negotiate, and comment on all key documents and handle day-to-day interaction/negotiation with CIM internal departments, co-sponsors, attorneys and outside parties throughout the life-cycle of the asset by executing the approved business plan.
• Work with other CIM departments to advance the transactions adhering to CIM’s operating procedures.
• Actively manage assets including preparing and/or reviewing asset management reports with teams to mitigate potential risks and enhance investment results.
• Actively assist the fund raising and investor relations teams by providing analyses of current and potential investment opportunities and market conditions for existing and prospective investors

NON-ESSENTIAL FUNCTIONS:

• Provide updates to Oversight Principal and others within the organization as needed.
• Take a leadership role within the company and successfully work towards and implement organizational improvements.

SUPERVISORY RESPONSIBILITIES

• Provide direction and guidance to the Associate/AVP and other team members on the overall strategy and direction of transactions.
• Provide input/feedback on annual 360-degree performance reviews.
• Provide leadership, mentoring, and technical development to junior team members

EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)

• MBA from a top tier business school preferred.
• At least 15 years of relevant real estate investment experience.
• Strong quantitative, financial analysis and modeling skills using Excel are required.
• Underwriting and/or structuring complex transactions at either an investment bank or private equity firm.
• Real estate acquisitions, development and/or asset management.
• Sourcing real estate transactions.
• A strong working knowledge of corporate finance.
• Detailed understanding of real estate investing and development across multiple property types (office, retail, multifamily, mixed-use, hotels, etc…).
• Strong capital markets experience (debt and/or equity raising).

KNOWLEDGE, SKILLS AND ABILITIES:

• Exceptional organization, time management and prioritization are necessary to succeed in a fast-paced environment where the 1st Vice President will be required to manage other team members and multiple projects with significant responsibilities and competing priorities.
• Excellent communication and interpersonal skills at all levels.
• Must be able to work well in groups but also take ownership of tasks.
• A demonstrated ability to interact with external partners, brokers and investors.
• Naturally adaptive to different audiences.
• Diplomatically assertive.
• Attention to detail as well as a strong desire to grow and succeed is critical.
• Excellent written and verbal communication skills.
• Strong sense of integrity and ethics.
• Demonstrates strong intellectual curiosity; always seeking new approaches and challenging the organization to new levels of success.

PERFORMANCE METRICS:

• Measured by the feedback results on job competencies and CIM Corporate Citizenship as documented in an annual 360-degree evaluation.
• Asset performance compared to approved business plan underwriting and/or annual budget

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CIM does not accept unsolicited resumes from Agencies. Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid. If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.