Hey gang,
I know there is a thread dedicated to this, but wanted to ask anyway.
I got an offer to be a Financial Analyst that has heavy acquisition duties. What do you all think this position should make? I don't know the AUM, but they have maybe 100 properties and are a family office with multiple income streams(not all CRE). My time will be split from legacy portfolio to a new programmatic GP that seeks to leverage its political contacts in acquiring and entitling development sights in NYC. They are looking at a proforma 2x-3x over a 3-year horizon.
They came back to me with 105k and a discretionary bonus.
The only other aspect is that I would have to drive to the office around 45 min-1 hr. My commute to midtown is currently 30min-45 min.
It looks like they don't have the institutional infrastructure track from analyst-associate-vp.
Should i be getting carry(even though they said they were not going to offer it), or a deal by deal bonus? They won't give a target bonus, but it is around 5%-10%. I would be replacing someone who was a dedicated FA and does not have the modeling and deal experieince I do.
I have 5-6 years experience but the posting is for around 4 years experience. Any help is appreciated.
C.R.E. Shervin, sorry about the lack of response. Maybe one of these topics will help:
If those topics were completely useless, don't blame me, blame my programmers...
correct me if im wrong, but you have 6 years of post-undergrad experience and you are looking to do a lateral transition into another analyst role?
I went to one horrible company for a blip, and had to fight my way to get back where I am. I also went down a title when I made a move to the buyside.
105K base is associate level pay and some shops analyst level pay. Regardless of carry, I would shoot for 140K base minimum and a VP position.
appreciate the insight,. Any idea of bonus structure?
Why are you going for FA roles with your exp level? Go for associate level+ roles. Otherwise you're going to get low-balled.
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