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VP, Capital Planning - Real Estate

A business-critical VP, Capital Planning - Real Estate role has arisen with a rapidly growing financial services institution, which focuses on key investments within the affordable housing/multifamily sector. Partnering closely with the SVP, Equity Investments and Executive Leadership Team, this is a unique position which involves not only raising capital for the firm, but also building their 3rd Party Capital infrastructure from the ground up. The position is centrally located in Manhattan and offers the flexibility of a hybrid working model.

About the VP, Capital Planning - Real Estaterole:

Key responsibilities:

Develop and refine a capital strategy to raise and deploy 3rd Party Capital into the organization's equity investments,

  • Identify and nurture relationships with Capital Partners.

  • Perform outreach to potential capital partners to communicate about deals, diagnose challenges, and propose financial solutions and structures.

  • Identify capital sources that can be linked with specific transactions.

Execute the strategy by working with the appropriate teams at the organization to facilitate a capital raise, connecting capital with appropriate investments, and developing tools as needed.

  • Develop 3rd Party Capital communication materials and onboard external fund administration platforms.

  • Legal documentation: work with the legal team and outside counsel to oversee the initial drafting and eventual negotiation of Joint Venture agreements; coordinate investor waivers and approvals.

  • Underwriting and scenario/returns analysis.

  • Project Management.

Work with existing internal teams.

  • Work with supervisor and senior staff on strategy, fundraising, and internal reporting; refine and implement governance tools.

  • Advise on ongoing acquisition strategy to align with investment goals of 3rd Party Capital.

Key requirements:

  • MBA or Masters degree and 5-10 years' experience in finance, real estate development, capital markets, or a related field

  • Knowledge of startup and operations of a 3rd Party Capital strategy, including deployment of funds, co-invest LP strategies, investment management of GP/LP strategies, potential capital partners, affordable housing programs.

  • Unmatched Excel and financial analysis skills; able to efficiently analyze and create real estate and/or fund pro formas.

  • Strong written and communication skills.

  • Excellent organizational skills with the ability to project manage multiple simultaneous efforts; to prioritize and multi-task. You must be detail-oriented.

  • Demonstrated ability to self-motivate, with a proven ability to work independently and as a member of a team.

Compensation: $150,000 - $200,000 base salary + 15- 30% bonus + benefits

The above salary range represents Cobalt's good faith and reasonable estimate of the possible base compensation range at the time of posting and is one part of the total rewards package this client provides to employees.