Associate, Asset Management

Brookfield Asset Management

2mo ago

Job
Full-time
Junior & Mid Level
Banking & Finance
$150K - $200K
New York City
Quick Apply

AI generated summary

You must be self-motivated, detail-oriented, and possess strong financial modeling skills. Excellent communication, teamwork, and analytical abilities are key. A commitment to teamwork, humility, and long-term value creation is essential.
You will support the Asset Management Team in maximizing portfolio company performance, developing business strategies, executing exit strategies, and conducting operational due diligence for investments. You will also manage projects, implement compliance policies, and execute value creation activities post-acquisition.

Requirements

A professional, positive attitude and capable of contributing to a dynamic and team-oriented culture, the individual is financially astute, detail-oriented and demonstrates good business judgment. Self-motivated with a proven ability to perform in complex situations, cope with multiple and changing priorities and meet deadlines. Direct and insightful in approach, s/he possesses the interpersonal skills to quickly gain the respect and support from Asset Management team and the portfolio company personnel with which they will interact on a daily basis.
Self-motivated with a proven ability to perform in a fast-paced environment, cope with changing priorities and meet deadlines
Excellent interpersonal and communications skills (oral and written), and able to interact across all levels of the organization
2-4 years of experience in Principal Investing, Management Consulting, Investment Banking, or other relevant areas – experience in renewable power M&A and capital markets is a plus, but not a requirement
High level of proficiency in Excel and outstanding financial modeling skills in support of underwriting investments of both platform acquisitions, bolt-ons, and growth initiatives / development projects
Experience in conducting due diligence
Keen interest in investing and business management
Strong analytical skills and creative problem-solving ability
Ability to proactively research investment opportunities;
Ability to multi-task and work in a very fast-paced and team-oriented environment;
Strong written and verbal communication skills;
Strong attention to detail
Experience with and understanding of corporate capital structures
To be successful within the Brookfield organization, the individual must be committed to collaboration and teamwork. S/he shows personal initiative and strong work ethic at every turn and would be described by others as humble and low ego. This individual puts the needs of the organization, its people and its investors ahead of his/her own and is driven by the opportunity to work with others to create long-term value. Consequently, s/he embraces a long-term oriented compensation model.
A Brookfield Leader is defined as follows:
A team player willing to share credit with others
Demonstrates curiosity and is passionate about business
A student of the business
Understands how to make money and protect capital for Brookfield and its investors
A contrarian thinker
Demonstrates a commitment to our shared success above any personal accomplishment or recognition
Dedicated to helping the broader organization succeed
Keeps current on financial market activities and constantly thinks about creating value
Handles stress and maintains balance, doesn’t overreact
Presents views clearly and concisely – makes the complicated simple
Has a strong presence and speaks intelligently when interacting with others, both in and out of the workplace
Motivates others to think, persevere and execute on ideas that are out of their comfort zone
Focused on developing others, giving feedback and when required, having difficult conversations
Creates a positive work environment and is someone with whom others enjoy working
Possesses good judgment and common sense
Recognizes fair dealing and the importance of reputation

Responsibilities

Support the active oversight to portfolio companies of the Asset Management Team, ensuring that operating and financial performance is maximized, and targeted investment returns are achieved. Work with Asset Management leaders to collect information, analyze, and prepare materials in support of:
Development of and/or adjustment of business strategy for each portfolio company
Annual business planning processes
Annual financial plans including capital expenditures and financial forecasts
Key strategic business areas including Commercial, Operations & Maintenance, Development, Production/ Manufacturing Operations, Services Delivery, Management Operating Systems (MOS), Sales & Operations Planning (SOP), Supply Chain / Procurement, IT and Human Resources
Reviewing performance improvement initiatives and programs as appropriate
Quarterly internal update reports to Brookfield management regarding each business, comparing actual results against annual and long-term business plans
Work with Asset Management leaders to collect information, analyze and prepare materials in support of the development and execution of exit strategies for each portfolio company either in the capital markets or through merger or sale transactions with strategic industry companies to realize optimum returns
Work with the Investment team to be a key contributor to the operational due diligence for specific Brookfield’s Renewable & Transition’s initiatives:
Provide input to the Asset Management lead regarding the due diligence workplan
Participate in operational reviews including site visits; validate operating cost and capital expenditure assumptions; and, identify value creation opportunities
Support assessment of the management team, operations and commercial strategy to aid in the development of the investment team’s underwriting
Develop business plans with the investment team, with a particular focus on how value will be created from controllable factors
Prepare materials in support of the Investment Committee Presentation
Contribute to the development of detailed onboarding work plans with input from the investment and corporate teams
Onboard New Investments:
Manage projects to established standards and a cadence for communications and reporting
Support the implementation of compliance policies and programs using Brookfield standard model
Support the finalization of human resource issues including organizational design and compensation matters
Develop and execute on “100 day plan” to firm of business plans and value creation activities post-acquisition

FAQs

What is the reporting structure for the Associate, Asset Management role?

The Associate, Asset Management reports to the VP / SVP, Asset Management.

What are the key responsibilities of the Associate, Asset Management?

The key responsibilities include addressing issues, facilitating processes, managing specific objectives in support of Asset Management leaders, providing oversight to Portfolio Companies, analyzing data, problem-solving, and project management.

What skills are important for success in the Associate, Asset Management role?

Skills important for success in this role include strong analytical skills, attention to detail, project management abilities, communication skills, and the ability to work collaboratively with a team.

What opportunities for growth and development are available to the Associate, Asset Management?

The Associate, Asset Management role offers opportunities to gain experience in defining and executing strategy, financial management, people management, and general management practices, as well as the potential for advancement within the Asset Management team.

Brookfield Asset Management

1001-5000

Employees

Mission & Purpose

Brookfield is invested in long-life, high-quality assets and businesses around the world that form the backbone of the global economy. With over $925 billion in assets under management, and over 100 years’ experience as an owner and operator, we put our own capital to work in virtually every transaction, aligning interests with our partners and investors, and bringing the strengths of our operational expertise, global reach and large-scale capital to bear in everything we do. To learn more about our global businesses spanning renewable power and transition, infrastructure, real estate, private equity and credit, please visit www.brookfield.com. Phishing and Fraudulent Websites Warning Please be aware of the misuse of the Brookfield name and brand by individuals and groups fraudulently publishing fake websites and engaging in “phishing” scams that seek personal or confidential information from potential job candidates. This includes the posting of fake Brookfield job offers on LinkedIn and other career sites. You can find more details on what to look out for and how to report potentially fraudulent activity at https://www.brookfield.com/web-fraud-and-phishing-warning.