The opportunity
We re looking for Senior Analyst with expertise in real estate valuation
to join the valuation group of our Real Estate Valuation Team
.
As a member of the Ernst Young Real Estate Transaction team, the Senior Analyst will serve as a project lead and/or member of multiple client engagement teams around the world (US, UK, Germany, Australia etc) which primarily assist in real estate and hospitality advisory engagements in a fast-paced, service-oriented business environment. Senior Analyst will work on a wide variety of real estate and hospitality-specific clients including owners, developers, builders, financial institutions, lenders, pension funds, as well as numerous Fortune 500 companies.
Typical engagements include appraisals and valuations, review of valuation analysis, market studies/research, cash flow analyses, due diligence, portfolio analysis and cash flow modelling.
This is a fantastic opportunity to be part of a leading firm whilst being instrumental in the growth of a valuation service offering.
Your key responsibilities
- Review or collection of market information; analysis of real estate documents, including appraisals and lending documents; performing market research; analysis of KPI s, cash flow modeling; and report writing.
- Working on valuation or any other engagements assigned
- Lead a team of Analyst and/or Senior Analyst in engagement to achieve end objective as assigned
- Project Management - Small to mid size engagement
- Managing risk associated with engagement
- Review of work done by the project team and ensure quality and timeline targets are met.
- Communicate with Onshore team regularly about local teams progress.
- Identify areas of improvement and additional opportunity of engagements.
Skills and attributes for success
- Valuation knowledge of Real Intangible assets using Income Approach (Discounted Cash Flow method Direct Capitalization Method), Net Asset Value Method (or Cost Method) and Precedent Transaction Analysis (or Relative Valuation/ Sales Comparison/ Market Approach) performing Sensitivity Analysis
- Knowledge of developing valuation models, performing highest and best use valuation analysis for purposes of financial reporting, tax planning etc.
- Knowledge of research databases such as Loopnet, REIS, RCA (real capital analytics), CoStar, CBRE, JLL, CW, Capital IQ etc.
- Analyzing financial statements, conducting market research studies and preparing reports
- Application of Free Cash Flows, Terminal value, Discount rate, Advanced MS Excel models etc.
- Have strong knowledge of cash flow operating statement.
- Knowledge of commercial loan level underwriting by valuing the underlying collateral for the US market.
- Specialized asset disposition services - typically for distressed portfolios in the long-term workout by re-underwriting the loans with analyses on the market trends and property performance.
- Preparation of Asset Summary Report, Data Tapes for collaterals of securitized loans and subsequent underwritings to encapsulate the cut-off loan amount on the basis of service coverage
- and loan to value ratio.
- Strong knowledge of key clauses in lease
- Strong communication, presentation and team building skills and experience in producing high quality valuation reports and presentations.
- Actively promote the sharing of knowledge within the group; Contribute pro-actively to building team spirit
- Exposure to tools like Tableau, Alteryx etc. will be added advantage
To qualify for the role, you must have
- Master s in business administration (MBA) specialize in Finance
- 3+ years of work experience in real estate valuation projects
- Strong Excel and PowerPoint skills.
- Experience with BIG4 accounting firm would be provided weightage
Ideally, you ll also have
- Real estate valuation skills through all the approaches
- Project management skills
- Exposure to tools like Tableau, Alteryx etc. will be added advantage
- A Team of people with commercial acumen, technical experience and enthusiasm to learn new things in this fast-moving environment
- An opportunity to be a part of market-leading, multi-disciplinary team of 1400 + professionals, in the only integrated global transaction business worldwide.
- Opportunities to work with EY TAS practices globally with leading businesses across a range of industries
