Analyst – Intern (UK) recruitment
Description
AXA Real Estate, a wholly-owned subsidiary of the AXA IM Group, is a specialist in real estate worldwide, with over € 38.4 billion of assets under management as of December 2009. AXA Real Estate has an extensive local real estate infrastructure, with 500 staff operating in 21 countries. It is a global real estate investment management player with established European platforms and ongoing deployment in Asia.
Fund Management Department
The Real Estate Fund Management team is comprised of around 80 professionals in 6 countries (France, UK, Germany, Italy, Switzerland and Spain). The team is responsible for strategically managing real estate investment funds in order to build performance for Clients. The Fund teams are organised in five sectors (AXA Accounts, Opportunistic funds, Pan-European Funds, Separate Accounts and Regulated funds).
Location
You will work in the London office.
Job Description
Your primary role will be to assist the Fund Management team in charge of investment and strategy and Fund Finance Manager in charge of debt and financial management, performance monitoring and risk.
Your main responsibilities will be the following:
Transactions
- Modelling acquisition cash flows
- Contribute to investment memorandum
- Contribute to the closing of the transactions (corporate approvals, power of attorneys, wire transfers…) with local counsels and acquisition team
- Market monitoring and follow up
Financing
- Assist in following up of financing covenants and reporting to banks;
Budgeting and Reporting
- Follow up of property business plans and analyse the portfolio
- Assist in collecting quarterly updates on the properties from Asset Managers (rent rolls, capex, opex…) and analyse resulting data
- Contribute to production of the annual budget and other reporting to the client
RFPs and Client Presentations
- Coordinate with other AXA Real Estate teams to compile and produce comprehensive and coherent documents
- Articulate the results of real estate and financial analysis in a thorough and articulate manner
Key Skills Required:
- Currently undertaking an undergraduate or masters degree with a finance, investment management and/or real estate focus, or an alternative degree with a strong interest in these fields
- Analytical skills
- Organisational skills and rigorous. Able to multi-task
- Excellent interpersonal, written and oral communication skills
- Diligent and a committed team player
- IT skills (excel cash flow analysis and forecast, PowerPoint)
- Very good level in English. Applications from international students are welcome. An additional European language is also of advantage
- Ability to evolve and communicate in an international environment
- Experience or keen interest in real estate (players, product and markets)
Duration: 6 to 12 months starting Dec/Jan 2011