Analyst, Development

Jbg Smith • Bethesda, MD

1d • $70,000 - $75,000

About The Position

JBG SMITH owns, operates, invests in, and develops a dynamic portfolio of high-growth mixed-use properties in and around Washington, DC. Our creativity and scale enable us to be more than owners—we are place makers who shape inspiring and engaging places, which we believe create value and have a positive impact in every community we touch. JBG SMITH has been named multiple times as one of the Washington Post’s Top Workplaces in the region and we pride ourselves in both our outstanding work environments and opportunities for career growth and advancement. Our corporate headquarters in Bethesda, MD. was designed to embrace new, modern ways of working in an office – with a variety of indoor and outdoor workspaces made for both privacy or collaboration and easy access to public transportation and all that Bethesda’s vibrant downtown has to offer. 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. POSITION 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.

Requirements

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

Nice To Haves

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

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

Benefits

• In addition to base salary, a generous discretionary bonus will be offered.
• In addition to providing employees with a great place to work, we offer a 20% housing discount at select JBG SMITH communities.
• We are proud to offer a competitive benefits package; including up to $5,250 annual reimbursement for professional development opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level