Fortress’s Commercial Real Estate (“CRE”) Asset Management group seeks a highly motivated Portfolio Associate. This candidate will provide support for monthly book/ valuation process, portfolio reporting, risk analytics as well as various analytical tools to Senior Management. The ideal candidate will be a fast learner, proactive and detail-oriented, with a proven ability to multi-task and meet deadlines. Advanced knowledge of Microsoft Excel and superb organization, communication, and time management skills required. Knowledge of commercial real estate, finance and investment is a plus.
Fortress Investment Group LLC is a leading, highly diversified global investment manager. Founded in 1998, Fortress manages assets on behalf of over 1,750 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies.
Key Responsibilities
ASSET MANAGEMENT ANALYSIS & SUPPORT: Ensure accurate cash flows through a collaborative effort with Asset Managers, Analysts, and Accountants. Perform variance analysis.
REPORTING: coordinate periodic reports and tracking
ACCOUNTING & OPERATION SUPPORT: Answering valuation and assumption inquiries associated with the monthly valuation pricing. Coordinating quarterly marking review and annual audit.
INVESTOR RELATION ANALYSIS: Help coordinate data integrity within the quarterly investor letters and annual investor conference
TRACK RECORD: Support the analysis of investment track record calculation
DATA BASE: work closely with Business Analyst to support Asset Management system and maintain financial model
SPECIAL PROJECT: assist with special projects for senior management including gathering data, spreading numbers, formulating analytics, and explaining trends and results
POLICIES AND PROCEDURES: Assist with the implementation of new Policies and Procedures for Asset Management Group
Education and Experience
Bachelor’s degree in accounting, economics, finance, real estate, or related fields
2-3 years of finance, accounting, or real estate investment management experience
Familiarity with key concepts in finance, real estate, and reporting a plus
Additional Skills
Highly proficient in Microsoft Excel, with advanced knowledge of other Microsoft Office products
Highly motivated, attention to detail, fast learner with a proven ability to multi-task and work in a fast-paced environment
Familiarity with data management/ mining and prior experience working on database analysis
Strong track record of delivering accurate and timely information and reports
Superb organization, communication, and time management skills
About Fortress - Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $45.7 billion of assets under management as of September 30, 2022. Founded in 1998, Fortress manages assets on behalf of over 1,900 institutional clients and private investors worldwide across a range of credit and real estate, private equity, and permanent capital investment strategies. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term. For additional information on Fortress, please visit www.fortress.com.