PGIM Real Estate Analyst/Associate, Debt (Sydney, Australia)
Apply locations Sydney, Australia time type Full time posted on Posted 3 Days Ago time left to apply End Date: April 28, 2025 (26 days left to apply) job requisition id R-120728
A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential, we're always looking for ways to improve financial services. We're passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.
We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading global asset managers!
If you're not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that's investing in your future by shaping tomorrow today.
At PGIM, You Can!
What You Will Do
The successful candidate will join our debt investment business, based in Sydney, Australia and will assist the investment team with underwriting and transaction execution as well as ongoing asset management of the loans.
Key Responsibilities
* Will work across all aspects of the debt process including, but not limited to:
o Deal underwriting
o Deal structuring
o Deal origination and relationship management
o Deal execution
o Loan management
* Responsible for the production of detailed underwriting models to enable the assessment of potential debt investment opportunities, with responsibility extending to the generation of key underwriting assumptions.
* Conducting detailed market research to analyse the market dynamics involved for each investment including supply and demand analysis.
* Assist with the preparation of Investment Committee memorandums through risk analysis and in-depth understanding of investment factors.
* Support the transaction due diligence and closing processes.
* Assist with the production of periodic reports and key investment papers, including investor presentations and investment committee memorandums.
* Assist in developing investment strategies and presentation material for capital raising initiatives.
* Assist with the ongoing asset management of each loan including maintaining investment models, evaluating leasing activity, capital expenditure, and annual valuations in line with Sponsors business plans.
* Assist with various ad-hoc initiatives and projects taking place across the broader business.
What You Will Bring
* At least 3 years of relevant experience and knowledge of the Australian real estate market.
* Superior technical modelling skills, including property level cash flows as well as different debt structures within the model extending across investment and construction deals.
* Strong quantitative skills and demonstrated analytical ability.
* Background working in commercial real estate either in a debt or equity investment role.
* Experience working on transaction execution, underwriting real estate investments, evaluating risk and developing risk mitigation strategies, dealing with internal risk, writing IC memoranda, reviewing legal documentation.
* Excellent written and verbal communication skills in English as well as strong presentation skills.
* Proactive, enthusiastic and motivated.
* Excellent attention to detail with strong problem solving capabilities.
* Strong interpersonal skills with the ability to build and maintain relationships with internal parties across jurisdictions as well as market participants and investors.
* Strong organizational skills are required with the ability to appropriately prioritize, multi task, work both independently and collaboratively in a time sensitive environment where meeting established deadlines is critical.
PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
About PGIM Real Estate
As one of the largest real estate managers in the world with more than $200 billion in gross assets under management and administration, PGIM Real Estate strives to deliver exceptional outcomes for investors and borrowers through a range of real estate equity and debt solutions across the risk-return spectrum.
About PGIM - Global Asset Management
PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with nearly US$1.4 trillion in assets under management. With offices in 18 countries, PGIM's businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives.