Associate, Fund Management & Analytics

Founded in 1992, Cerberus is a global leader in alternative investing with approximately $70 billion in assets across complementary credit, private equity, and real estate strategies. We invest across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors.

For more information about our people and platforms, visit us at .

Job Purpose:

We are seeking a highly analytical Associate to support our multi-strategy real estate investment platform. This role is designed for a quantitatively oriented professional with strong experience in fund modeling, portfolio analytics, investor reporting, and real estate fund structures across equity, credit, and hybrid strategies. The Senior Associate will assist with fund models, portfolio analytics, and liquidity analysis, while supporting investor reporting and capital raising initiatives.

The role requires a strong understanding of how multi-strategy real estate funds operate, including capital flows, deployment pacing, and the structural nuances of closed-ended vehicles.

As part of Cerberus's Real Estate platform, you will help drive operational efficiency across the business. Responsibilities will span fund-level financial modeling, balance sheet and liquidity analysis, and the preparation of data-driven insights and presentations. You will also contribute to ongoing initiatives to streamline portfolio and reporting through automation. The role involves close collaboration with teams across Investments, Data & Analytics, Treasury, Tax, Fund Accounting, and Legal.

Responsibilities:

• Maintain quarterly fund models across multiple closed-ended, multi-strategy real estate vehicles, including waterfalls, sensitivity analysis, and scenario modeling.
• Support advanced analytical work streams, translating complex performance data, including return attribution, key drivers, and cross-vintage comparisons, into compelling insights for investors and senior management to support fundraising and strategic decision-making.
• Work with the real estate Data and Technology teams to implement and enhance fund models in Anaplan and investment-level reporting in Power BI.
• Work with Treasury to monitor and optimize fund liquidity across a variety of sources, including capital calls, subscription lines, credit facilities, and cash flow from operations. Calculate and review cash reserve levels and prepare analysis to inform recommendations for capital calls and distributions across the fund structure.
• Assist with monitoring fund deployment capacity and reviewing liquidity requirements and covenants for financing facilities.
• Compile portfolio data and statistics to support investor requests and the preparation of fundraising materials, including marketing documents, DDQs, and ad hoc investor requests. Work closely with Investor Relations on matters related to the real estate funds.
• Assist with developing internal presentations for senior leadership covering portfolio analytics, case studies, benchmarking, market outlook, and performance analysis.
• Assist with reviewing quarterly financial reporting deliverables, including fund performance metrics and track records.
• Assist with developing and continuously refining centralized fund talking points across recurring themes and evolving market developments, leveraging AI-driven insights and data synthesis to enhance the speed, consistency, and analytical depth of internal leadership communications, investor outreach, and fundraising efforts.
• Work with Asset Management, Acquisitions, Investor Relations, Marketing, and Portfolio Management to ensure materials reflect the latest information and perspectives.

Qualifications:

• 4–6 years of experience in real estate private equity, multi-strategy real estate funds, fund management, investment banking, or a related field.
• Advanced financial modeling skills, including fund-level cash flow modeling, waterfalls, scenario analysis, and sensitivity…