Real Estate Market Research Analyst

Full Time
Cleveland, OH, USA
6 months ago

StepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $640 billion of total capital allocations, including $143 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program.  With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.

About StepStone Real Estate

StepStone Real Estate capitalizes on the synergies between our asset management and advisory practices, drawing on our deep market research and investment analysis to create compelling opportunities and tailored portfolios of fund investments, secondaries, and co-investments for institutional investors worldwide.                                 

Position Overview 

StepStone is seeking candidates with strong quantitative, qualitative, and interpersonal skills for an Analyst position within the Real Estate Market Research team. The Analyst will primarily be responsible for supporting comprehensive market research report deliverables across different sectors and markets, contributing to the development of StepStone Real Estate's market outlook through data analysis. Additionally, the Analyst will collaborate with the advisory team to address client inquiries, participate in GP meetings to gather market insights, and assist in fund due diligence by analyzing portfolio data and formulating recommendations.

Essential Job Functions

  • Contribute to market research using publicly available information and proprietary databases to identify, quantify and analyze macroeconomic trends across different sectors and markets
  • Assist in the production of SRE House Views and white paper publications, including data collection, trend analysis and power point presentations
  • Utilize MySQL to extract data from proprietary databases, ensuring thorough data cleaning and validation to facilitate analysis
  • Employ statistical methods and develop models using R, Python or Excel to find significant trends
  • Perform ad hoc analysis to be used across StepStone Real Estate’s due diligence process (R or Python, and Excel)
  • Extract actionable insights from historical data, evaluating its implications, and communicating findings effectively to internal teams and senior management
  • Remain organized amidst competing priorities, consistently delivering high-quality work
  • Prepare comprehensive written documentation detailing data, models, and scripts
  • Support Portfolio Management and SRE Market Research team as needed

Education and/or Work Experience Requirements

  • BA/BS in Real Estate, Finance, Economics, Data Science or related fields
  • Experience in a financial environment. Knowledge of private markets and real estate is a plus
  • Demonstrated track record of academic and professional success

Other Knowledge, Skills and Abilities

  • High proficiency in Excel (preferable), R (preferable) or Python, PowerPoint
  • Strong, demonstrable analytical capabilities, including strong quantitative/modeling skills
  • Promote and demonstrate a positive, team‐oriented attitude
  • Ability to represent the firm credibly in written and interpersonal communications
  • Highly motivated self-starter, being adaptive in a fast-changing environment, to learn recent technologies and tools

About us

Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint.  As people are our biggest asset, we offer resources to help our employees reach their full potential.  Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.  

Join us

When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.  

StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

Benefits

We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.

Disclaimer / Policy Statements

At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure.  Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.  

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Developing People at StepStone

#LI-Hybrid