Assistant Vice President, Pricing & Valuation (Real Estate)

Responsibilities

The individual’s primary responsibility will be to work as part of the Oaktree’s valuation team and assist with valuation of portfolio assets within Oaktree’s real estate and other funds in the U.S., Europe and Asia.

• Independently perform complex valuations of illiquid real estate equity and debt investments across diverse property types and global markets (U.S., Europe and Asia)
• Manage the valuation process: scope of work, data gathering, market research, and model preparation and review
• Apply DCF (Argus and MS Excel), Sales Comparison, and Cost approaches
• Liaise with investment teams on model updates and proposed marks.
• Manage analysts through the quarterly portfolio valuation process
• Prepare and present valuation results clearly and concisely
• Manage internal and external data-collection workflows
• Assist with the coordination and administration of the private valuation function, such as interacting with accounting/marketing/legal departments, external auditors, and valuation firms
• Ensure valuations comply with legal and regulatory requirements
• Perform ad-hoc analysis as needed

Qualifications

• In-depth commercial real estate knowledge and experience
• 8+ years of commercial real estate and private credit valuation experience at a valuation/appraisal, Big 4, or financial advisory firm
• Expertise in real estate financial modeling and complex transaction structuring
• Thorough understanding of valuation standards (USPAP and IFRS) and financial reporting standards (ASC 820)
• In-depth technical knowledge in corporate finance, valuation methods, and accounting
• Proficiency in Argus Enterprise and MS Excel, and key data sources (CoStar, Bloomberg, Capital IQ)
• Able to manage competing priorities under tight deadlines
• Excellent written and spoken English communication skills
• Experience managing a team
• Ability to manage tasks with competing priorities and deadlines, and self-initiating other value-added tasks

Personal Attributes

• The successful candidate must have great organizational skills and be able to handle complicated work efficiently and effectively  
• The candidate must take the initiative to ask questions and detect problems
• He/ She must be a team player and demonstrate a strong work ethic
• The successful candidate must have excellent written and verbal communication skills.

Education

A Bachelor’s degree, preferably in Accounting, Finance or Economics. Master’s degree a plus. CFA holder a plus

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.

For positions based in Los Angeles

For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.