Associate, Fund Portfolio Management

Associate, Fund Portfolio Management

Headquartered in New York with a nationally-scaled platform, RXR is a 450+ person, vertically integrated investment manager with expertise in a wide array of value creation activities, including acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies.

Job Summary

The Associate will support the portfolio management of RXR's existing and new real estate private equity and debt funds. This includes day-to-day fund and portfolio management, financial forecasting and reporting, and coordination across internal teams to ensure timely execution of portfolio business plans. The role also supports investor reporting by synthesizing portfolio insights and ensuring timely, accurate delivery of fund updates and materials to LPs. This role balances operational rigor with investment-level understanding to keep funds running smoothly and investors accurately informed. The Associate will collaborate closely with acquisitions, asset management, strategy and product development, and accounting teams to produce rigorous analytics, maintain portfolio models, and support strategic capital allocation decisions.

Key Responsibilities

Fund Management & Forecasting

• Build and maintain detailed fund-level and investor-level financial models, including performance forecasts and scenario analyses.
• Prepare and update fund cash flow models; monitor liquidity and covenant compliance.
• Coordinate with asset and accounting teams to gather operational and financial data for valuations, reforecasts, and portfolio analytics.
• Support portfolio optimization analyses such as sale vs. hold, recapitalizations, and refinancing scenarios.
• Conduct return attribution and benchmarking analyses versus relevant indices and peer sets.
• Collaborate with asset managers, senior executives, and the Investment Committee on fund performance reporting and analysis.

Investor Reporting

• Enhance and maintain standardized reporting templates to improve reporting quality and consistency.
• Prepare quarterly and annual investor reports, fund fact sheets, and presentation materials for LP updates and meetings.
• Manage investor due diligence requests; draft responses to questionnaires, inquiries, and ad-hoc analysis requests.
• Gather and synthesize data across teams to update materials and build analyses from raw source information.

Systems & Data Management

• Oversee data integration and quality control for portfolio analytics tools.
• Implement process automation to reduce manual reconciliation and improve reporting efficiency.
• Maintain historical fund and asset performance datasets.

Qualifications

Top Competencies

• Analytical Thinking: Ability to interpret financial data, build models, and problem-solve across complex portfolios.
• Excel Proficiency: Strong modeling capabilities, including advanced formulas, lookups, pivot tables, filters, and automation techniques.
• PowerPoint Proficiency: Ability to design clear, compelling presentations for internal and external stakeholders.
• Real Estate Fund Fundamentals: Understanding of real estate concepts, product types, fund structures, transactions, and market dynamics.

Experience & Education

• 25 years of experience in real estate finance, investment banking, or fund management.
• Bachelor's degree in real estate, finance, accounting, economics, or a related field.
• Demonstrated experience building financial models in Excel (testing required).
• Strong attention to detail, both technical and written.
• Organized, proactive, and able to manage multiple priorities independently.
• Ability to work under pressure and willingness to work extended hours when needed.

The salary range and/or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future. When determining a team member's base salary/rate, several factors may be considered as applicable (e.g. location, years of service, specialty, education, relevant experience). Bonus eligible.

Pay Range

$90,000 - $115,000 USD

RXR is an Equal Opportunity Employer committed to recruiting, hiring and promoting qualified people of all backgrounds regardless of gender, race, color, creed, national origin, religion, age, marital status, pregnancy, physical or mental disability, sexual orientation, gender identity, military or veteran status, or any other basis protected by federal, state, or local law. RXR is committed to the full inclusion of all qualified individuals. As part of this commitment, RXR will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact View phone number on click.appcast.io.