JBG Smith- Analyst, Development-Spring 2021 Graduates

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Overview

 JBG SMITH owns, operates, develops, and invests in a portfolio of over 20 million square feet—with another 16.6 million square feet in our development pipeline—all concentrated in attractive submarkets in the Washington, DC region. Our creativity and scale enable us to be more than owners—we are placemakers who shape inspiring and engaging places, which we believe create value and have a positive impact in every community we touch.

From asset management and development to property operations and leasing, every decision we make at every property aligns with our overarching disciplined strategy of fostering growth and working to maximize value. Our culture of quality and customer service is entirely focused on ensuring that we serve our key customers: satisfied tenants and residents.

We are determined, innovative, competitive, and laser-focused. Our consensus-driven culture is rooted in collaboration and participation—inspiring innovation from every corner of our company. And we recognize and reward performance at all levels. As a result, our company is a magnet for top-tier talent, which we believe ensures a bright and prosperous future for our employees and our company.

Job Summary

We are seeking recent graduates or graduating seniors with superior academic records and proven excellence in quantitative, analytical, composition, and communication skills. This position will assist the Development Manager(s) and the larger Development Team in all aspects of the development process of complex urban projects, including acquisition, financing, zoning/entitlements, design, permitting, construction, leasing, delivery and disposition. Development Analysts are largely responsible for the daily operation and advancement of development projects. In particular, Development Analysts must have superior time management and problem solving abilities. Accordingly, Analysts will encounter a variety of roles ranging from high-level decision making to maintaining detailed project coordination and organization.   

Responsibilities

• Coordinate and attend design and construction meetings;

• Create and maintain financial analyses;

• Assist in RFP and contracting process for architects, engineers, contractors, and other outside consultants; present recommendations to the Development Manager; assist in the contracting of various consultants, contractors and vendors; work closely with the design and construction team throughout the development process.

• Prepare and monitor budgets, including preparation of monthly loan draw packages and lender and/or investor reports;

• Assist in obtaining project entitlements and permits, including meetings with City/County staff to negotiate outstanding issues; creating presentations for public forums; assist in tracking the fulfillment of entitlement proffers and conditions;

• Track project schedules and monitor progress and delays;

• Review contractor, consultant and vendor invoices for accuracy and compare to applicable proposals/contracts; and

• Work with financial analysts to keep project-specific economic models up to date.

Orientation and Onboarding

All new JBG SMITH employees start their tenure at the company with a half-day orientation session that covers information relevant to all employees. Participants learn about the company, its history, mission and culture, and how to find the resources and information they need to be successful in their role as a JBG SMITH employee. They also learn about required company training and the additional training available to them.

After the general orientation, new financial analysts go through a 2-week customized orientation experience and training related to their role and the part of the business they will be working in. They participate in activities that introduce them to the leaders in the company and help them make connections between company-wide goals and their day-to-day tasks. The onboarding activities consist of workshops, software training, and Excel certification culminating in a final team project and presentation.

Qualifications

• Bachelor’s Degree required;

• 0-2 years of professional work experience (experience in the real estate industry is preferred);

• Passion for real estate development;

• While candidates must be collaborative, they should also have the ability to work independently and lead portions of a project to leverage Development Manager's time;

• Knowledge of development fundamentals is preferred; including the process, proforma, design, financing, permitting, construction, and project management;

• Strong attention to detail, integrity, and the ability to maintain a high level of professionalism in a fast-paced dynamic environment; and

• Strong financial, entrepreneurial, problem-solving, time management, organizational, communication and interpersonal skills.

 Application Deadline: November 20th, 2020

JBG SMITH is committed to hiring and retaining a diverse workforce. We are an Equal Opportunity Employer, making decisions without discrimination on the basis of race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, genetic information or any other protected class, in accordance with applicable law.