Portfolio Manager
Company: STORE CAPITAL ADVISORS LLC
Location: Scottsdale
Posted on: May 24, 2023
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Job Description:
STORE Capital Advisors, LLC is seeking a Portfolio Manager to
join our Underwriting and Portfolio Management team.How you will
contribute to STORE's mission:The Portfolio Manager is part of
STORE's Portfolio Management team responsible for reviewing and
analyzing tenant financial statements for STORE's existing $10
billion portfolio and supporting the underwriting of new
transactions. This Portfolio Manager is responsible for analyzing
and managing both the performing assets, as well as distressed
assets within STORE's portfolio. The position is an active,
hands-on portfolio and asset management role and the individual
will be responsible for the investment performance and strategic
direction of each assigned asset.What will make you successful
(Qualifications)2-3 years of experience with underwriting or
corporate credit analysis, in commercial real estate, investment
banking or a lending institutions. Experience managing portfolios
of commercial properties is preferred.Bachelor's Degree preferably
in Business, Finance, and or related area required.Chartered
Financial Analyst (CFA) and or curriculum preferred.Experience with
value-add investment strategies, including development, and
re-positioning assets.Proficiency with valuation modeling and
financial underwriting.Exceptional quantitative, analytical, and
problem-solving skills.Ability to understand and interpret
sophisticated corporate financial concepts, including Income
Statements, Balance Sheets, and Cash Flow StatementsAbility to
think critically, prepare financial analysis and determine the
creditworthiness of a company as a tenantExcellent written and oral
communication skillsSelf-starter with the capacity to work
independently while possessing a team attitude and willingness to
learn.Effective at time and task managementAbility to work under
tight deadlines, prioritize and deliver quality work under
pressure.What most days will include (Primary Duties)Managing and
analyzing the financial health of STORE's customers, conducting
detailed portfolio analysis and preparing reports. Included in the
analysis is a comparison of different industries, consideration of
historic trends, and an understanding of financial metrics and
regulatory/legal restrictions that may impact the portfolio.Assists
in the management of all aspects of STORE's distressed leases
within its portfolio. Create and implement action plans for
resolving distressed leases and defaults, including restructures,
forbearances, bankruptcies, workouts, legal action, settlements,
foreclosures, liquidations, note sales, and other actions.
Negotiate with tenants, borrowers and guarantors to arrive at best
possible resolutions and recovery.Prepare and present monthly
portfolio and special assets reports to Executive Leadership Team,
documenting the financial health, identifying potential issues, and
resolution and anticipated recovery of troubled assets. Prepare
other management reports as required.Leverage Excel and credit
analysis to produce presentation-quality analysis and models for
individual properties as well as portfolios to support investment
or disposition decisions.Perform leasing and sales activities for
vacant assets in STORE's investment portfolio.Prepare and present
credit memorandums regarding servicing requests from Tenants that
may impact the credit quality of STORE's portfolio.Assist with
preparing presentations given by STORE to equity or debt investors,
banks, rating agencies, etc.Work with accounting and senior
management to complete appropriate impairment analyses, accrual and
non-accrual determinations, reserves and charge-off
recommendations.Perform other duties and projects as assigned by
the Vice President - Portfolio Management.What's in STORE for you
(Benefits & Perks)Competitive Pay and Long-Term Pay
IncentivesHybrid Work Schedule/Time FlexibilityComprehensive Health
Benefits w/ $0 Cost Employee Benefit Plan OptionsEmployer Sponsored
Life and Disability PoliciesGenerous Paid Time Off Program and Paid
Parental LeavePaid Volunteer Time OffEleven (11) Paid Holidays Per
Year401(k) Profit Sharing Plan with 4% match; with NO vesting
scheduleEmployee Wellness ProgramEmployee Training Reimbursement
ProgramEmployer Sponsored Electric Vehicle (EV) Charging
ProgramSTORE Capital Advisors, LLC is a proud equal opportunity
employer. We do not discriminate on the basis of race, color,
religion, national origin, sex, age, disability, or any other
status protected by law. It is our intention that all qualified
applicants be given equal opportunity and that selection decisions
be based on job-related factors. We celebrate diversity and are
committed to creating an inclusive environment for all
employees.
Keywords: STORE CAPITAL ADVISORS LLC, Scottsdale , Portfolio Manager, Accounting, Auditing , Scottsdale, Arizona
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