The Role
This is a full-time analyst or associate role based in Dallas, TX. While primarily focused on asset managing investment made by the Asset Based Finance team, this role will specialize in U.S. Real Estate, report to the Head of Asset Management for U.S. Real Estate, and collaborate with members of the U.S. Real Estate team on the asset management of its portfolio (in addition to Asset Based Finance). As such, this role will be involved in cross-platform collaboration between the Asset Based Finance and U.S. Real Estate teams.
Asset Based Finance and U.S. Real Estate are both strategic areas of focus for Sixth Street, and this role is an opportunity to join a fast-growing team and partner in the expansion of two priority business lines.
Core Responsibilities
- Understand and take an ownership view of the assets/positions, markets and business plans for each investment
- Carefully monitor positions, reviewing borrower/partner reporting and flagging key issues
- Main point of contact for operating partners/borrowers/service providers for day-to-day asset management
- Actively participate in standing calls with partners/borrowers for each investment/position
- Perform ad hoc analysis for key asset management decisions (approvals, leasing, capex, modifications)
- Drive and coordinate internal operations processes (cash management, recommending and processing distributions and contributions, draw review and processing for construction deals, coordinate document review/negotiation/execution)
- Drive quarterly firmwide processes – Valuation Committee, Portfolio Review, etc.(senior asset management and deal team members to review and approve valuations/materials)
- Assist with setting up key asset management processes on the front end of new investments/originations
What We Value
- Highly motivated, entrepreneurial, and team-oriented candidates
- Strong finance and modeling skills, ideally within the real estate space
- Deep knowledge of commercial mortgages and securitized debt
- Commercial and results orientation
- Team orientation and influencing skills
- High trust and integrity
- Strategic and entrepreneurial mindset
- Strong combination of organizational and interpersonal/communication skill
Preferred
- At least 3 years of proven experience originating/investing in and/or asset managing commercial real estate debt positions across a variety of asset classes
- Strong knowledge of commercial mortgages, securitized debt, industry and macroeconomic conditions, as well as key drivers and fundamentals in major real estate asset classes
- Experience in multiple geographies and across the capital stack a plus (debt experience most critical to success in the role)
- Ability to perform analysis, frame-up complex scenarios and provide clear and substantive recommendations
- Strong proficiencies in Excel and Argus
- Outstanding initiative and comfort being a self-starter
- Ability to multi-task and maintain composure in a high-volume environment
- Strong sense of urgency; ability to execute quickly and efficiently with strong attention to detail
- Strong verbal and written communication abilities
- Structured problem solver who is able to synthesize sophisticated information from a variety of sources into implementable recommendations and solutions
- Ability to collaborate effectively across multiple teams
- Strong prioritization and project management skills
- Comfort working in a high growth, iterative environment
About Sixth Street
Founded in 2009, Sixth Street is a leading global investment firm dedicated to developing themes and offering solutions to companies across all stages of growth.
Our firm is designed for cross-platform collaboration at scale: we build businesses, invest for growth, acquire assets, provide direct financing, identify value in public markets, purchase royalty streams, and regularly develop first-of-their-kind structures to meet the strategic objectives of management teams.
We do all this globally and as one unified team of investment and control-side professionals working on behalf of our institutional investors and their beneficiaries around the world.
We believe our commitment to diversity, equity, and inclusion is a competitive advantage. Everyone on our team contributes their perspectives and expertise to help us solve complex challenges and get to the right answer. At Sixth Street, the best idea wins. From how we conduct business to how we engage in our communities, everything we do at Sixth Street is rooted in our commitment to our core value:•Cross-Platform: We think across the business and avoid silos at all costs
- Responsibility: We are accountable for our business, to our team, and to our communities.
- Ethical: We are ethical and direct in word and deed.
- Action: We initiate, execute, and deliver results.
- Teamwork: We are better together.
- Entrepreneurship: We seek to innovate both inside and outside our business.
For more information, visit the Sixth Street Careers site or follow us on LinkedIn.
Sixth Street is proud to be an Equal Opportunity employer and we encourage people from underrepresented backgrounds to apply. We do not discriminate based upon race, religion, color, national origin, genetic history, marital status, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran status, disability, or other applicable legally protected characteristics.
Please refer to the privacy notice on our website for additional information regarding our obligations under the California Consumer Privacy Act (“CCPA”).
