Overview
Investment Associate Jobs in Sydney, New South Wales, Australia at Pallas Capital
Title: Investment Associate
Company: Pallas Capital
Location: Sydney, New South Wales, Australia
About the Business
Under the Pallas Group umbrella, we have two purpose-driven, ambitious brands inspired by a passion for excellence within the funds management and property industries.
Pallas Capital is a debt and equity fund manager specialising in the financing of Australian and New Zealand Commercial Real Estate. The business was established in direct response to the growing lack of credit in Australia’s mid-range property market; a situation exacerbated by the shortage of reputable, risk-adverse, non-bank lenders.
Fortis our property development management business, has a portfolio of more than $750 million in successfully completed residential and commercial projects, with a further $560 million to be completed by the end of the year.
Due to continued growth, in Pallas Capital there is an opportunity for an Investment Associate to join the team in our Sydney Office.
Key Responsibilities
- Provide assistance to all phases of project funding, which include the competitive funding tenders, negotiation of transaction terms, property valuation, cost verification with quantity surveyor, legal documentation processes.
- Assist to construct funding tables and feasibility models for development projects.
- Assist in due diligence and prepare credit risk assessments or pitch documents (e.g. information memorandum) for real estate development and investment transactions for internal and external purposes to cover senior debt, mezzanine debt, preferred equity and ordinary equity.
- Take ownership and manage the debt funding reporting requirements and loan covenants across the Fortis portfolio.
- Prepare requests for loan amendments and extensions to internal and external financiers.
- Contribute to the continuous improvement of processes, templates, tools and procedures.
- Assist in portfolio reporting including timely and accurate investor and internal reports.
- Assist the Reporting Manager with any due diligence requirements and/or credit processes for loans to be funded by Pallas Capital or any special projects from time to time.
- Develop and maintain effective working relationships with internal and external partners and stakeholders such as valuers, lawyers, bank relationship managers, non-bank financiers, quantity surveyors and borrowers.
- Build and maintain strong working relationships with the various stakeholders within the Pallas Group.
- Bring a positive, ‘can do’ attitude and a willingness to share your learnings with the team.
- Relish the opportunity to be part of a growing team operating in an agile, fast-paced environment.
About You
- Tertiary qualifications in Commerce, Property Economics, Finance, Accounting or related discipline.
- CFA or post graduate Finance (desirable).
- A minimum of 4+ years’ experience in real estate investment banking, debt advisory and/or direct property development experience, ideally at analyst level.
- Experience working in property funds management.
- Demonstrated experience working with acquisition, development and fund models.
- Strong capability in building, using and/or reviewing financial models.
- Solid understanding of property valuation principles, real estate finance structures for investment and development across the major asset classes.
- Proficiency in excel and financial modelling.
- Strong report writing and financial and credit analysis skills.
- Ability to read and interpret feasibilities, valuation reports and market information.
- Proven ability to project manage a real estate funding transaction from start to finish.
- Strong time management skills with the ability to manage multiple tasks with competing priorities and deadlines.
- Ability to see through to conclusion complex queries.
- Excellent communication, relationship, interpersonal and negotiating skills – internally and externally.
- A genuine willingness to learn and grow within the real estate structured finance space.
- Ability and ambition to build a profile in the market.
Why Pallas Group
The people are entrepreneurial; the business is young and proving itself fast, it is a great time to join the group. Pallas is committed to growth and to involving high performers in the achievement of results. The role suits candidates with energy, ambition and technical capability.
This is a real opportunity for someone to make an impact and show what they are capable of next. Importantly, we seek to make Pallas Group a great place to work. We care for our team inside and outside of work, and we provide a dynamic work environment where we work together collaboratively. Given our size, our people are given the opportunity to make a difference, own the work they do and grow their career as the business continues grow.
To Apply
Please submit your application by clicking the 'Apply' button below and ensure you include your full CV.
Please note that due to the volume of applications, only shortlisted candidates will be contacted. We appreciate your understanding
