Ledige stillinger

Norges Bank Investment Management is seeking a dedicated and results oriented Associate within the UK Unlisted Real Estate Investment team. The role will be to contribute to the group’s efforts to source, invest, develop, manage and divest properties and/or joint venture interests in properties, predominantly in London.

The unlisted real estate strategy focuses on office and retail assets in eight cities globally as well as on global logistics. The fund invests in real estate to improve the long-term trade-off between return and risk, and our objective is to generate excess return over time and to diversify the fund. The GPFG has a 5% allocation to real estate.

Norges Bank Investment Management has a performance culture, and we believe in delegation. You will be given the opportunity to excel and to make an impact. The right candidate for this position will be motivated by the idea of this challenge.

The position is based in London. Some travel will be required. You will report to the Head of UK Real Estate.

Main responsibilities

• Assist and contribute in the ongoing management of the existing portfolio:
• Assisting with creating annual and long-term business plans
• Assisting with the execution of asset management initiatives including leasing, refurbishment, redevelopment and improvements to operational efficiency
• Monitoring and analysing the operational and financial performance of existing investments 
• Managing and monitoring the performance of external property managers and other service providers
• Contributing to group collaboration and sharing knowledge across the NBIM organisation

Assist and contribute to new investments

• Performing rigorous financial analysis and modelling of new investment opportunities
• Producing investment memorandums and management presentations about existing or new investments
• Participating in the coordination of external advisers during due diligence and acquisition processes
• Producing in-depth research on real estate market data and trends
• Reviewing legal documentation and managing certain legal documents (NDAs, LOIs) 

What you need 

• University degree with strong academic records
• Minimum of 3 years of relevant real estate investment experience, preferably from a fund investor or top tier investment bank
• Excellent financial analysis and modelling skills
• High level of proficiency in Excel, Word and PowerPoint

Who you are

• Self-driven, proactive, and striving for continuous improvement 
• Willing to take ownership of issues and utilize a problem-solving mindset
• Collaborative and eager to be a team-player across the organisation 
• Exhibit a high level of proficiency in written and spoken English in order to articulate management decisions, with a passion for sharing your knowledge
• International mindset with an eagerness to learn and adapt
  
  

What we offer

Norges Bank Investment Management offers a rewarding, international fast-paced working environment, and the opportunity to play a role in safeguarding and building financial wealth for future generations as part of one of the world’s largest funds. Norges Bank Investment Management has a performance culture that values the contribution of every individual and focuses on professional growth. 

Our core values of excellence, innovation, integrity and team spirit underpin our culture and how we operate across all our offices. We collaborate and share information within our organisation which consists of 37 nationalities.  English as our common working language. Our organisation is grounded in trust, high ethical standards, a flat hierarchy and diversity. We aim to increase the share of women to exceed or match the industry average across all functions.

Norges Bank Investment Management is committed to ensuring Equal Opportunities for all employees. 


Benefits include

• Competitive base salary and performance pay potential
• Gender – neutral leave, maternity and paternity leave
• Health insurance 
• Income protection 
• Pension contribution 
• 25 days holiday 
• Support to take necessary courses and certifications to keep up with technology
  
  

Contact details: Questions regarding the position may be directed to our search partners at Lawbrook Partners, Gilly Cheshire. email gcheshire@lawbrookpartners.com ; telephone +44 0203 961 5775 
Please note you cannot apply for this role online but via Lawbrook Partners. 

Deadline for application is 30th of June 2022