Last week Citigroup sent an email to analysts and associates in the bank’s capital-markets and investment banking team encouraging the young pups to checkout from 10:00 pm on Friday until 10:00 am on Sunday. Citi’s move is on the heels of Goldman Sachs, Bank of America, JP Morgan Chase and Credit Suisse, which have also focused on making the life of junior staffers more enjoyable.
Excuse me, I must be an old fuddy-duddy, but are the early years in one’s career not the time to earn one’s stripes, learn the trade and hone deal skills, while supporting and learning from a leadership team that has been-there-and-done-that?
Thanks to the bureaucrats in DC, banking may have become out of vogue due to the fallout of the great recession, but face facts: banking is alive and well and will desperately need young and emerging talent.
So let’s not let the pups worry about the beach. Instead, let’s give them a greater challenge, and more opportunity to chart a banking career.
USAA REAL ESTATE COMPANY
(SAN ANTONIO, TX) Marketing Manager will report directly to the Managing Director of Marketing and will support investment and development marketing strategies in alignment with company-wide marketing efforts. This position will have an emphasis on event planning and coordination. Other duties include preparing new business presentations and production-ready marketing materials, creating e-communications, integrated marketing projects as it relates to online media, corporate website and technology. In addition, the Marketing Manager will analyze advertisement performance, and maintaining brand integrity.
ROSS STORES, INC.
Director, Real Estate
(DUBLIN, CA) Position will direct the analysis, selection, negotiation, administration and coordination of Ross' new store Real Estate program, and/or the relocation, replacement, expansion and surplus store programs as assigned by the Regional Vice President of Real Estate, Vice President of Real Estate, and Sr. Vice President of Property Development. In addition, the Director, Real Estate will act as the primary Ross representative in dealings with landlords.
Commercial Real Estate Agent: Retail
(MIAMI, FL) Duties include deal making, prospecting, client meetings and presentations, negotiating, property underwriting, financial analysis, transaction management, and database research. Position is limited to independent contractors and offers straight commission compensation. Three plus years of commercial real estate experience, specifically in Retail investment sales; possess an active Florida Real Estate License; and demonstrate expertise in commercial real estate processes and regulations required.
PIEDMONT OFFICE REALTY TRUST
Senior Analyst/Asset Management
(JOHNS CREEK, GA) Position will maintain integrity of assigned ARGUS models on a regular basis, which include: leasing updates, tenant changes, capital activity, and market assumption changes. The Senior Analyst will also monitor property performance, such as the review of monthly financial statements, accounts receivable balances, capital expenditure activity, etc.; inspect property and its direct competition; and provide due diligence support for acquisitions.
Senior Portfolio Manager
(LOS ANGELES, CA) The Senior Portfolio Manager will have direct supervision of the Asset Managers of the stabilized assets and will be directly responsible for oversight of the public REIT assets. Responsibilities include working closely with Asset Managers and Principals to insure timely and accurate delivery of projected asset level FFO, AFFO & cash flow (Funds Available for Distribution) on a consistent, predictable & growing basis over the next 8 quarters & beyond; implementing strategic direction to grow the REIT and insure the REIT share price remains in the top [quartile] of its competitive set; and assume responsibility for improving/enhancing workflows, and optimizing human capital.
HARSCH INVESTMENT PROPERTIES
VP, Director of Leasing & Brokerage
(LAS VEGAS, NV) Duties include overseeing all leasing responsibilities for assigned portfolio; developing an in-depth working knowledge of the assigned properties; maintaining a general understanding of the properties in the Las Vegas Region portfolio; understanding the budget related to leasing for assigned properties, i.e. tenant improvement allowances, operating expenses, projected income; understanding the goals and objectives of each assigned property and implement the associated leasing guidelines, with Property Management and administrative staff; and preparing marketing plan and other marketing materials for properties as assigned.
(HARTFORD, CT) Primary duties include supporting the UBS Global Real Estate US-Hartford Acquisitions team and activities. Specific responsibilities include: preparing and analyzing property valuations for potential real estate investments; demonstrating a thorough understanding of discounted cash flow techniques utilizing software tools such as Argus, Excel, and Word expertise in lease review and the analysis of property budgets and historical operating statements including tenant reimbursement provisions; interacting with principals and brokers regarding properties for potential investment or acquisition; assisting in coordinating the activities of acquisition due diligence teams; and preparing property acquisition briefs for presentation to the Investment Committee, including the narrative, graphic charts and financial analysis.
LIBERTY PROPERTY TRUST
Industrial Property Manager
(BETHLEHEM, PA) This position will be pivotal in ensuring long-term occupancy in company properties by providing the highest possible level of customer service to tenants and maintaining the appearance of assigned properties to company standards. In general, this position shall: manage the tenant improvement process, operating costs and approved capital expenditures for assigned properties; provide direction and training to administrative and technical personnel as necessary to meet all Liberty standards; assist and proactively collaborate with other Liberty team members as required and; successfully complete all assigned projects as directed and required from time to time.