Investment Portfolio Manager jobs in Texas

Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $48.0 billion of assets under management as of December 31, 2023. Founded in 1998, Fortress manages assets on behalf of over 1,900 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term. We had approximately 933 employees and 218 investment professionals as of December 31, 2023, at our headquarters in New York and our affiliate offices around the globe.

About the position

Fortress’s Commercial Real Estate (“CRE”) Asset Management group seeks a highly motivated Portfolio Reporting Vice President. This candidate will provide support for monthly book/ valuation process, portfolio reporting, risk analytics as well as various analytical tools to Senior Management. Fortress is in the midst of a digital transformation of its reporting processes and this person will be a key member of the team bridging asset management, operations, and information technology. The ideal candidate will be a fast learner, proactive and detail-oriented, with a proven ability to multi-task and meet deadlines. Advanced knowledge of Microsoft Excel and superb organization, communication, and time management skills required. Knowledge of commercial real estate, finance and investment is a plus.

Vice President- Portfolio Reporting

Dallas, TX

Key Responsibilities:

• Ensure accurate cash flows through a collaborative effort with Asset Managers, Analysts, and Accountants. Perform variance analysis.
• Reporting responsibilities including coordination of periodic reports and tracking.
• Answering valuation and assumption inquiries associated with the monthly valuation pricing. Coordinating quarterly marking review and annual audit.
• Maintain data integrity within the quarterly investor letters and annual investor conference.
• Analyze the investment track record calculation.
• Drive special projects for senior management including gathering data, spreading numbers, formulating analytics, and explaining trends and results.
• Spearhead the implementation of new Policies and Procedures for the Asset Management team.
• Review financial data and related documentation to detect inconsistencies.
• Perform investigation of complex business schemes and develop measures to avoid risks.
• Coordination with the information technology team on building internal reporting software.

Education and Experience:

• Bachelor’s degree in accounting, economics, finance, real estate, or related fields.
• 5-7 years of finance, accounting, or real estate investment management experience.
• Familiarity with key concepts in finance, real estate, and reporting a plus.

Additional Skills:

• Highly proficient in Microsoft Excel, with advanced knowledge of other Microsoft Office products.
• Highly motivated, attention to detail, fast learner with a proven ability to multi-task and work in a fast-paced environment.
• Strong track record of delivering accurate and timely information and reports.
• Superb organization, communication, and time management skills.
• Strong oral and written skills.