Job Summary:
Newmark is currently seeking a Sr. Analyst based in Vancouver, BC to join our National Investment team, part of Canada Valuation & Advisory.
The candidate will work within a dynamic team, gaining a wide array of experience related to commercial real estate valuation. They will be responsible for conducting research, preparing Argus/Excel analyses and cash flow projections, and assisting with appraisal reports.
In this exciting opportunity, you will join a team that is focused primarily on appraising institutional-grade assets in markets across the country. Working as part of a national team, you will be trained to work seamlessly with staff in other offices using technology, while also being part of the local office.
ResponsibilitiesKey Responsibilities:
- Learn and work with the team to support institutional client's acquisitions, asset management and lending needs for their commercial real estate portfolios.
- Developing cash flow projections to be used in the appraisal process, using industry standard software.
- Preparing accurate analysis or portions of appraisal reports using the latest market information obtained from various internal/external partners. Extensive senior co-worker collaboration is anticipated.
- Conducting research and collecting data from both internal database and third-party sources with respect to market rental rates, comparable building transactions and general market knowledge.
- Ensuring data collected as part of on-going assignments is entered accurately into the company database in a timely fashion.
- Continuously upgrading the level of knowledge regarding market and industry trends
- Become a Candidate with the Appraisal Institute of Canada. Maintain Candidate status by completing requirements outline by the AIC, e.g. completing minimum of one (1) of the required courses towards designation per year
- As a Candidate, in partnership with the Consultant, Sr. Consultant, Associate
Director, Director, or Sr. Director, perform building inspections in the local area
Skills, Education and Experience:
- University or degree, preferably in Commerce, Real Estate, Economics, or Finance
or related experience in commercial appraisal/real estate valuation - 1 to 2 years of work experience in commercial real estate
- Excellent communication skills – written, verbal, and oral presentation
- Valid driver’s license
- Proficiency in Microsoft Office Suite: Word, Outlook, Excel (vlookup, if statements,
pivot tables, etc.) - Basic skills in creating financial models (i.e. Excel, Argus, etc.)
- Excellent research, quantitative and analytical skills
- Ability to work in a team and independently
- Self-motivated with a high degree of integrity, honesty, and ethics
- Availability to work flexible hours and travel locally for building inspections
- Candidate for the Appraisal Institute of Canada (AIC) designation is considered an
asset - Prior valuation experience would be considered an asset
Salary: $70,000 - $75,000 annually
The expected base salary for this position ranges from $70,000 to $75,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).
Benefits and Perks:
- Generous Maternity & Parental Leave Policy
- Company-paid health plan
- Education reimbursement
- Opportunities to network and connect
Benefits/perks listed may vary depending on the nature of your employment with Newmark and the job location
Note: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex including sexual orientation and gender identity, national origin, disability, or any other characteristic protected by applicable federal, provincial, or local law.
