Director, Senior Analyst, US REITs

Job Title: Director, Senior Analyst, US REITs

Department: Investments - US REITs

Reports To: Executive Vice President, Head Of Listed Real Estate

FLSA Code: Exempt

Estimated Salary: $185,000 - $200,000

 

Job Summary:

We are searching for an experienced analyst on the Real Estate Investment Team to work as part of a collaborative group to produce differentiated research and investment recommendations for the US and Global Real Estate portfolios. The ideal candidate will have strong analytical, quantitative and critical thinking abilities, a demonstrated track record of generating actionable investment ideas, and superior communication skills. The candidate should be a self-starter with the ability to perform well autonomously, but also collaboratively, among the broader team. A demonstrable passion for securities analysis, real estate and the public markets are a must. Cohen & Steers is committed to an inclusive culture, valuing diversity in support of our people and clients.

 

Major Responsibilities/Activities:

• Own and proactively prioritize coverage of an assigned universe of US REIT companies and sectors, operating with a high degree of independence and accountability
• Develop and clearly articulate investment theses and identify critical factors for each company and sector under coverage universe
• Serve as the main point of contact between Cohen & Steers and companies under coverage and manage relationship with covered companies
• Build, maintain, and enhance quarterly earnings models, net asset value (NAVs), dividend discount models (DDM), valuation frameworks, and scenario analyses
• Conduct headquarters visits and property tours to better inform view of company as it relates to corporate strategy, governance, capital allocation, property portfolio quality and balance sheet, among other considerations
• Research secular and cyclical macro trends– facing sectors under coverage and maintain knowledge of ancillary industry verticals (i.e. retailers for mall landlords, large tech companies for data centers, etc.)
• Contribute to client meetings, presentations, white papers, market commentary, and other external communications as a subject-matter expert on covered companies and sectors
• Lead or materially contribute to investment-process enhancements, alpha-mining efforts, research tools, and department-wide initiatives that improve the quality, speed, and consistency of decision-making
• Mentor and provide guidance to junior analysts and associates on research methods, financial modeling, investment-case development, and effective communication of recommendations
• Collaborate across the Investments department and with Product, Marketing, and Relationship Management partners to support client needs and broader firm objectives

 

Minimum Requirements: 

• Bachelor’s degree and an MBA or CFA (preferred)
• 10+ years of relevant experience (preferred) within real estate or a related field (gaming, lodging, telecommunications infrastructure, etc.)
• Demonstrated ability to generate differentiated research and actionable investment recommendations, with a strong understanding of the drivers of investment performance within a coverage universe
• A deep understanding of security analysis, valuation, and accounting concepts is required
• Expertise with Microsoft Office Suite, particularly Excel; proficiency with Bloomberg, FactSet, and programing skills would be a plus
• Demonstrated analytical and quantitative skills, sound judgment, and the ability to operate independently while managing multiple priorities
• Strong conceptual and critical thinking skills with clear and concise verbal and written communication skills and the ability to influence investment decisions and collaborate across teams
• Demonstrates inclusive behaviors in support of a culture that values diverse perspectives
• Agrees to comply with the firm’s hybrid work policy (“work from home policy,” as aligned with the Company’s employee handbook), which currently requires reporting to the Company’s New York City office four (4) days per week, with one (1) remote workday permitted.

 

Note: This job description reflects management's assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned. The job title or duties and responsibilities may be changed by the Company at any time.