Business Development Analyst

POSITION SUMMARY

The Business Development Analyst is responsible for aiding the Business Development team in conducting real time analysis of asset success and projecting future performance through various models and metrics. This includes, but is not limited to analyzing asset operations, monthly financials, as well as identifying trends to forecast cash flow improvement initiatives.

Elmington's commitment to our clients is to manage properties with a Think Like an Owner (TLO) mentality. With this in mind, the goal for each member of the Business Development team is to support the cultivation of partnerships that are mutually beneficial for Elmington and our clients and to communicate and represent Elmington's core values. Your primary role will be to proactively analyze potential new business opportunities through market research and proforma underwriting, and to engage with operations team members, brokers, and clients to strategize improved operations and sell Elmington. Once a new relationship is secured, you will serve a vital role as a contact for the client while maintaining a strong partnership with the operations team to facilitate successful execution of the business plan.

Elmington is comprised of multiple locations and lines of business that are operated as their own living, breathing corporation. They have income and expenses, debt and a bottom line - all of which we will look to you to help optimize through your role. Along with this responsibility comes a very high level of expectations. We are asking you to be an integral part of a multi-million dollar company. At Elmington, you will be pushed to Forget The Ordinary & Think Like an Owner. Every day.

To be an effective Elmington teammate, you will need to:

• Have a great attitude
• Have high expectations
• Think BEYOND the box
• Work with passion
• Have a tireless work ethic
• Be confident
• Be self-sufficient and self-motivated
• Take pride in your work
• Be a good listener
• Offer a solution with every problem
• Go above and beyond for everyone you support

KNOWLEDGE/SKILLS/ABILITIES:

• Financial management
• Excel proficiency
• Analytical and critical thinking skills
• Attention to detail
• Business acumen
• Communication and presentation proficiency
• Adaptability in fast paced environment primarily driven by external needs
• Ethical conduct
• Relationship management

ESSENTIAL JOB FUNCTIONS:

• Perform real time analysis of asset operations.
• Forecast future trends and scenarios to improve operations and cash flow.
• Monitor lease up velocity and delivery dates, or asset performance post-onboarding, determining how it compares to underwriting proforma.
• Opportunity to gain exposure to multiple lenses within the Real Estate Industry- construction, design, property management, project management, asset management, etc.
• Complete and optimize internal monthly reports.
• Collaborate with internal stakeholders and operations teams.
• Gather information on potential new clients for conference attendance.
• Coordinate and execute due diligence inspections.
• Assist the Business Development team in creating systems to enhance reporting initiatives.

SPECIFIC EDUCATION OR EXPERIENCE:

• Bachelor's degree in mathematics or economics or equivalent experience in business analyst roles dependent upon the department of position
• Multifamily underwriting experience and/or certification preferred

PHYSICAL DEMANDS AND WORK ENVIRONMENT:

• Frequently sit, stand and walk
• Regularly required to talk or hear
• Frequently required to use hands or fingers to handle or feel objects, tools or controls
• Occasionally required to climb or balance, stoop, kneel, crouch or crawl.
• Occasionally lift and/or move up to 25 pounds
• Vision abilities to include close vision, distance vision, peripheral vision and the ability to adjust focus
• The noise level in the work environment is usually moderate
• Temperature in the workplace is typically moderate

TRAVEL REQUIREMENTS:

Approximately 10% of the time for trips to properties for due diligence inspections, broker tours, site visits, etc.

The Elmington Experience

We're creating a different kind of company at Elmington. We promise we will never be ordinary, which we hope you can see by this job description. There will be many days you simply aren't comfortable. You will be pushed to accomplish more than you ever thought possible. You will be challenged by your team leader and your peers to achieve more and to find better ways. With that said, we know Elmington is not for everyone. BUT, if you believe in yourself, enjoy a challenge and appreciate working with exceptional people, then Elmington could very well be the last company you ever work for.

Are you ready to FTO? It's time to TLO!

The company will recruit, hire, train, promote, and compensate its employees based upon factors such as work quality, behavior, training, and experience. In compliance with local, state, and federal laws, we provide equal employment opportunity regardless of race, color, creed, national origin, protected age category, gender, sexual orientation, religion, marital status, military status, or physical or mental disability of any individual who is otherwise qualified. Lastly, we're creating a different kind of company at Elmington.