Analyst, Strategy & Insights
Description
Realty Income aims to be a globally recognized leader in the S&P 100, committed to creating long-term value for all stakeholders. These stakeholders include our dedicated team members, who embody our purpose: building enduring relationships and brighter financial futures. This guiding principle serves as a beacon for our team, influencing every action we take.
Realty Income’s employees consistently invest their time, commitment, and dedication into the company, and in turn, they receive investment returns in the form of purpose, belonging, and opportunities for advancement.
Realty Income is committed to best-in-class corporate responsibility practices through environmental initiatives, governance programs, and community outreach projects. From the boardroom to the breakroom, our team members make a difference every day.
Realty Income is looking for a Research Analyst who will be responsible for assisting with the credit analysis of prospective and existing tenants, while also performing real estate analysis for new transactions.
What you will be working on:
Credit Research
- Monitor and review tenants’ credit to minimize adverse credit events/portfolio losses. The analyst will be responsible for about 50+ tenants in 25 industries.
- Provides in-depth industry reports and presentations to Investment Committee.
- The Research Report outlines the financial condition of the prospective tenant, along with the analyst’s investment opinion on the transaction. This report plays an important part of the Investment Committee decision-making process
- In this report, the focus is in several areas, specifically:
- Company overview.
- Corporate financial condition on a historical and present basis.
- Store level P&Ls, if available at this juncture, are analyzed.
- Pro forma projections are performed, specifically on a sensitivity basis, to assess cash flow, liquidity and debt service coverage.
- Industry and competition are discussed (including some industry-specific ratio comparisons, if available).
- Credit scores.
- Present and defend investment thesis: Communicate effectively, through both written and verbal communication, to support recommendations on various tenants and industries.
- Proactively monitor news flow from the department to keep senior executives appraised of all events or potential risks to RI’s portfolio.
- Complete a summary of tenants’ quarterly earnings releases.
What we need from you:
- B.S. or B.A. with an emphasis in finance, real estate, accounting, or other related field of study.
- 2+ year(s) of relevant work experience.
- Real Estate and General Finance Knowledge such as:
- Basic understanding of both real estate and finance (Balance Sheet, Income Statement, Cash Flow Statement, etc.).
- Research industries and market trends.
The base salary for this role is in the range of $55,948 - $93,231. You may be eligible for an annual discretionary bonus and an annual discretionary stock award, (dependent on date of hire) to be discussed during the initial phone interview. Base salary and total compensation package determined by the candidate's experience, knowledge, education, skills, performance, and abilities, as well as internal equity, company performance, and alignment with market data.
Most US based full-time and part-time roles come with flexible schedules. We offer a best-in-class benefits package that includes healthcare, dental, and vision insurance for employees and eligible dependents. Our 401(k)-retirement plan has a company match of 50% up to 6% of eligible compensation. Realty Income also offers other wellness, financial, and work/lifestyle-specific benefits, along with 12 PTO hours every month; in addition to 12 paid holidays, and paid volunteer time. Realty Income’s purpose is to build enduring relationships and brighter financial futures, and this starts with you!
Realty Income is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. If you require accessibility support to submit your application or other reasonable accommodations to participate in the recruitment process, please contact [email protected], or call 800-375-6700. An employee will respond to your message to begin the interactive process. Please note that this phone number and email address are only for individuals seeking a disability accommodation when applying for a job.