Intermediate Underwriter Jobs in Washington (NOW HIRING)

About this Opportunity:

At Regency Centers, our people are our greatest asset, and we believe that our highly skilled and talented team makes us better. We are seeking a Manager of Financial Services to join either our Westport, Connecticut or Bethesda, Maryland regional offices, or our corporate office located in Jacksonville, Florida. This is a hybrid opportunity with 3 days in the office and 2 days working remotely after the training period. The Manager of Financial Services will manage the inherent risks in the underwriting, financial analysis, and due diligence functions associated with the acquisition, development, and/or re-development of shopping centers to ensure that Regency is making well-informed investment decisions based on all relevant facts and circumstances.

What You’ll Be Doing:

• Prepare financial models for potential acquisition, development, and redevelopment opportunities utilizing Argus and Excel. Review and create investment pro formas to ensure consistent application of underwriting standards.
• Prepare comprehensive investment packages and memos for consideration by Regency’s Real Estate Committee, Investment Committee, and Board of Directors.
• Oversee the creation and periodic updating of financial models for in-process developments (aids in forecasting and project management and review) & associated monthly updates of MDM and DSR (forecasting models).
• Supervise, manage, train, and development FS analysts that report to Manager.
• Perform due diligence functions (i.e., review of transaction agreements, lease and file review, environmental assessment, title and survey review, physical inspection, confirmation of zoning and entitlements, estoppel tracking and review), conduct local market research to gather competitive business intelligence, and close and transition new investments into the Regency portfolio.
• Evaluate tenant financial health and provides financial analysis to the Investment and Leasing departments.
  

Are You Qualified?

• Bachelor’s degree in Real Estate, Accounting, Finance, or related field
• Minimum six (6) years of relevant professional experience underwriting and conducting due diligence on retail real estate developments, redevelopments, and acquisitions
• Strong computer skills including proficiency with Argus and MS Office Suite
• Intermediate level proficiency with PowerBI (or similar software)
• Strong understanding of real estate fundamentals and return metrics, and how they impact value.
• Understanding of financial and operating real estate metrics, preferably related to retail properties 
• Ability to read and understand legal documents such as leases, purchase and sale contracts, and joint venture agreements
• Postgraduate/MBA degree is preferred

* Regency Centers will not sponsor employment-based immigration petitions or applications for this position, including but not limited to H-1B, TN visa, or permanent residency.

Personal Traits We Value:

• Strong quantitative, analytical, and problem-solving skills
• Strong written and oral communication skills
• Priority setting, organization, multi-tasking, and time management skills
• Strong interpersonal skills
• Customer focus

A Little Bit About Us:

We own and operate premier shopping centers in suburban neighborhoods in the top cities and markets across the country. We live by a strong set of values, which have guided us for more than 60 years.

Our centers thrive with highly productive grocers, restaurants, service providers, and terrific retailers that connect to their communities and customers. We are also active developers of new shopping centers that feature great merchandising, placemaking, and customer engagement as part of our Fresh Look™ program.

We are a vertically integrated real estate company and a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. Learn more about us at RegencyCenters.com. 

Benefits:

Our compensation and benefits package is very competitive and includes the following benefits and more. For additional information visit www.regencycenters.com/careers.

Work/Life Balance

• 23+ PTO days annually
• 11 paid holidays (in addition to PTO)
• Paid leave programs (parental, compassion, bereavement, jury duty, and military)
• Health Advocacy + Employee Assistance Program (EAP)

Hybrid Work Schedule

• Modified in-office hours
• Dedicated remote work days

Financial Security

• 401(k) with a generous company match plus corporate profit sharing
• Anniversary stock grant awards
• Health Savings Account (HSA), Health Care FSA, and Dependent Care FSA
• 100% company paid Life Insurance/AD&D and Disability Insurance
• Voluntary benefits (supplemental life/AD&D, critical illness, accident, hospital indemnity, and identity theft)
• Student loan repayment resources

Health and Wellness

• Medical, Dental and Vision Insurance
• Award winning and incentives-based wellbeing program through Personify Health
• Family planning, mental health, and pain management programs

Community Focused

• 52 hours per year of paid Volunteer Time Off
• Company gift matching

Growth and Development

• Tuition reimbursement
• Continued education opportunities
• LinkedIn Learning premium subscription
• Professional membership support
• Employee Resource Groups

#LI-AH1 #LI-Hybrid