State: VA
City: Arlington
Zip Code: 22203
Overview
AvalonBay Communities, Inc., an equity REIT, has a long-term track record of developing, redeveloping, acquiring and managing distinctive apartment homes in some of the best U.S. markets, and delivering outsized, risk-adjusted returns to shareholders. With equal parts experience and vision, we’ve established a leadership position rooted in our purpose of creating a better way to live and that is always focused on building value for the long term.
Creating a better way to live is the purpose that binds AvalonBay associates. We take that purpose seriously and expect you will as well. By focusing on collaboration, innovation, and taking ownership of our choices and actions, we act in ways that focus on creating value for our customers, investors and associates. Your positive, professional, and consistent personal interactions make AvalonBay a great place to work.
The Role
The Director of Capital Markets will be an integral member of the Capital Markets department, supporting the origination, management, and strategic oversight of the company’s debt and treasury functions. This role is responsible for the management of secured and unsecured debt in collaboration with the Vice President of Capital Markets. Additionally, the role involves treasury management, including cash forecasting, funding coordination, and managing banking relationships. This individual will also provide expert financial analysis and recommendations to support executive financial decisions, structure new transactions, and mentor junior team members.
Essential Duties and Responsibilities:
Evaluate, manage, and facilitate the origination and maintenance of debt (secured/unsecured), joint ventures, ground leases, and revolving credit facilities.
Forecast debt metrics and covenant compliance, prepare capital markets presentations for executives and the board, and conduct ad hoc financial modeling.
Oversee treasury activities including liquidity management, cash forecasting, commercial paper trading, and line of credit management in collaboration with the Capital Markets Analyst.
Manage relationships with investment bankers, treasury partners, and trustees, assessing new financial products and providing internal recommendations.
Facilitate annual budgeting, quarterly reforecasting, and ongoing scenario analysis of cash flow, interest expenses, and income with the Capital Markets Analyst.
Represent Finance in asset acquisition and disposition transactions, including 1031 exchanges, collaborating with Investments, Tax, and Legal teams.
Provide analytical support for capital markets transactions, perform risk mitigation, and contribute to documentation review and strategic decision-making.
Minimum Qualifications:
Education: Bachelor’s degree in Economics, Finance, Accounting, Mathematics, Statistics, or Business. A Master’s degree or CFA certification is preferred.
Experience: 5-10 years in a capital markets or treasury role within a public company or an investment bank with real estate exposure.
Knowledge, Skills, and Abilities:
Strong command of the English language
Excellent written and verbal communication skills.
Ability to create and present group presentations on relevant subjects and produce clear, concise reports. Comprehensive understanding of real estate and corporate finance.
Skilled in handling high-pressure situations and interacting with senior associates, management, and external constituents independently.
Advanced proficiency in MS Excel for custom financial modeling, particularly in corporate finance or real estate.
Highly detail-oriented with the capacity to manage multiple priorities effectively.
Demonstrates strategic thought leadership and ability to collaborate as a business partner.
#LI-Hybrid
How AvalonBay Supports You
We know that our teams are the beating heart of our success and we’re committed to showing our appreciation.
We offer:
Comprehensive benefits — health, dental and vision, 401(k) with company match, paid vacation and holidays, tuition reimbursement, an employee stock purchase plan and more. Click on Benefits (https://jobs.avalonbay.com/benefits) for information.
Growth based on achievement and promotion from within.
Associate recognition (a company-wide recognition program that celebrates associate efforts and successes in contributing to the overall success of the organization – including destination awards, ‘AvalonBay’s Very Best’ recognition program and others!).
A 20% discount on our incredible apartment homes.
A culture built on purpose and our core values - A Commitment to Integrity, A Spirit of Caring, and A Focus on Continuous Improvement.
Additional Info
AvalonBay is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives and create an environment that encourages all voices to be heard, understood and appreciated. With this we know we can do great things.
AvalonBay makes employment decisions without regard to a person’s race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy (including childbirth, lactation or related medical conditions), age, physical or mental disability, genetic information (including characteristics or testing), citizenship status, military or veteran status, or any other status protected by the law.
For California residents, if you elect to apply to AvalonBay you accept the AvalonBay California Personnel Privacy Notice (https://www.avaloncommunities.com/california-personnel-privacy-notice/)
Job ID JR102348