Vice President, Acquisition

Morgan Stanley • New York, NY

403d • $250,000 - $250,000

About The Position

The Vice President, Acquisition at Morgan Stanley Investment Management is responsible for performing detailed financial analyses and overseeing the acquisition process of real estate investments. This role involves coordinating with various stakeholders, preparing investment materials, and managing a team of analysts and interns to ensure effective transaction execution and compliance with legal requirements.

Requirements

• Master's degree in Business Management, Finance, or a related field of study.
• Three (3) years of experience in the position offered or three (3) years as an Associate, Analyst, or a closely related occupation.
• Experience with creating or reviewing complex financial models to analyze real estate investments including cash flow projections, valuation analysis, and sensitivity analysis.
• Knowledge of valuation methods including discounted cash flow (DCF), comparable analysis, Sum of the Parts (SOTP), Weighted Average Cost of Capital (WACC) analysis, and Leveraged Buyouts (LBO).
• Experience performing due diligence on real estate assets and portfolios including reviewing legal documents, financial statements, property inspections, and environmental assessments.
• Familiarity with deal structuring techniques essential for optimizing returns and mitigating risks.
• Understanding of the real estate industry including identifying attractive investment opportunities, assessing competitive landscapes, and adding strategic value.
• Knowledge of real estate laws and regulations to ensure compliance with legal requirements in property acquisitions, financing transactions, and asset management activities.
• Proficiency in data analysis tools including Excel, Bloomberg, RePrism, and Argus.
• Experience using financial databases to conduct market research, analyze financial data, and monitor portfolio performance.
• Experience managing assets and real estate portfolios post-investment including overseeing capital expenditure programs, financial optimization, and exit strategies to maximize returns for investors.
• Knowledge of risk management techniques to mitigate risks associated with real estate investments including interest rate risk, market risk, and liquidity risk.

Responsibilities

• Perform detailed financial analysis including valuation, discounted cash flow model, multiples analysis, comparable transaction analysis, LBO analysis, and net asset value based valuation.
• Analyze new opportunities received through teasers and information memorandum.
• Elaborate sophisticated business plans and strategic analysis for the assets under management.
• Liaise with participants to coordinate transactions' execution including accountants, lawyers, auditors, and advisors in each transaction process.
• Liaise with various internal departments so all relevant parties are aware of ongoing transactions.
• Prepare Investment Committee materials and ensure all required items have been executed properly.
• Oversee day-to-day functions of analysts and interns including drafting presentation slides, providing detailed guidance, designing and supervising financial, business and liquidity analysis, performing valuation, and market analysis.
• Responsible for transaction internal process including preparing conflict check memorandum on potential transactions, and performing compliance requests.

Benefits

• Commission earnings
• Incentive compensation
• Discretionary bonuses
• Short and long-term incentive packages
• Morgan Stanley sponsored benefit programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Master's degree