Portfolio Manager - Real Estate — Tether Operations
CHF 101'500 - 154'000
Tether Operations · Zürich, Zürich (ZH)
- Location
- Zürich
- Contract
- remote
- Posted
- 32 days ago
SalaryCHF 101'500 - 154'000
Role overview
Join Tether and Shape the Future of Digital Finance
At Tether, we’re not just building products, we’re pioneering a global financial revolution.
Our cutting-edge solutions empower businesses—from exchanges and wallets to payment processors and ATMs—to seamlessly integrate reserve-backed tokens across blockchains.
- Join Tether and Shape the Future of Digital Finance
- At Tether, we’re not just building products, we’re pioneering a global financial revolution.
- Portfolio Monitoring & Fund Oversight
- ○ Fund oversight, performance and benchmarking: Act as the primary point ofaccountability for all third-party managed fund relationships.
- ● Minimum of 8–12 years of progressive experience in real estate investment management, asset management, or a closely adjacent field (fund of funds, real estate private equity, or institutional asset management).
- ● Demonstrable experience managing or overseeing a real estate portfolio of significant scale — ideally in excess of €500M in aggregate value.
Main responsibilities
- Portfolio Monitoring & Fund Oversight
- ○ Fund oversight, performance and benchmarking: Act as the primary point ofaccountability for all third-party managed fund relationships.
- Review monthlyreporting packages and fund’s information with a critical eye — tracking keymetrics, benchmarking performance, identifying emerging risks, and escalating material deviations from plan.
- ○ Assumption challenging & pipeline review: Actively challenge underwriting assumptions presented by fund managers and operating partners: cap rates, exit yields, rent growth, occupancy assumptions, development timelines and construction budgets.
- Leverage market data and comparable evidence to validate or challenge key projections and investment decisions. SPV & Direct Investment Management
- ○ Financial oversight and liquidity monitoring: Review and challenge budgets, liquidity forecasts, cash flow projections and capital requirements prepared by local operating partners and SPV management teams.
- Monitor cash positions, funding requirements and drawdown schedules, escalating potential liquidity constraints, cost overruns or capital call requirements to the Investment Committee and Treasury as appropriate.
- ○ Performance monitoring and variance analysis: Perform rigorous monthly andquarterly variance analysis of actual performance vs. budget, producing clear and actionable IC commentary. Development Project Monitoring
- ○ Project monitoring and Site visits: Conduct structured site visits to active development projects to assess physical progress against approved business plans and timelines.
- Review and challenge project schedules, milestone achievement, cost-to-complete estimates and delivery risks, producing site visit reports with clear findings, photographic evidence and recommended actions.
Key requirements
- ● Minimum of 8–12 years of progressive experience in real estate investment management, asset management, or a closely adjacent field (fund of funds, real estate private equity, or institutional asset management).
- ● Demonstrable experience managing or overseeing a real estate portfolio of significant scale — ideally in excess of €500M in aggregate value.
- ● Strong track record working with closed-end and/or open-end real estate fund structures, with a solid understanding of fund structures, LPAs, governance frameworks, capital calls, distributions, and GP/LP dynamics.
- ● Experience overseeing SPV structures, directly held investments and third-party operating partners, with a strong understanding of governance, reporting and capital allocation considerations.
- ● Demonstrated ability to oversee and challenge external fund managers, operators, development partners, and advisors, holding counterparties accountable against agreed business plans, budgets, timelines, and performance targets.
- ● Prior exposure to hospitality real estate — whether through hotel asset management, operator negotiations, or hotel-specific investment underwriting — is strongly preferred and will be weighted heavily.
- ● Experience attending and contributing to investment committees, board meetings, or advisory committees.
- ● Academic background: Degree-level education in Finance, Economics, Real Estate, Business Administration, or a related discipline.
- A professional qualification such as CFA, MRICS, or equivalent is viewed favourably.
- ● Expert-level financial modelling capability: construction and interrogation of cash flow models, DCF valuations, waterfall distribution models.
- ● Ability to read, interpret, and critically assess fund financial statements, NAV calculations, and asset valuations prepared by independent appraisers.
- ● Strong understanding of real estate operating economics, budgeting, forecasting, and variance analysis, with the ability to critically assess and challenge business plans and operating assumptions.
Application process
- only through our official channels.
- We do not use third-party platforms or agencies for recruitment unless clearly stated.
- All open roles are listed on our official careers page: https://tether.recruitee.com/
- Verify the recruiter’s identity.
- All our recruiters have verified LinkedIn profiles.
- If you’re unsure, you can confirm their identity by checking their profile or contacting us through our website.
- Be cautious of unusual communication methods.
- We do not conduct interviews over WhatsApp, Telegram, or SMS.
Contacts
- Double-check email addresses.
Additional details
- Transparency is the bedrock of everything we do, ensuring trust in every transaction. Innovate with Tether
- Tether Finance: Our innovative product suite features the world’s most trusted stablecoin, USDT , relied upon by hundreds of millions worldwide, alongside pioneering digital asset tokenization services. But that’s just the beginning:
- Are you ready to be part of the future?
- Leverage market data and comparable evidence to validate or challenge key projections and investment decisions. SPV & Direct Investment Management
- ○ Performance monitoring and variance analysis: Perform rigorous monthly andquarterly variance analysis of actual performance vs. budget, producing clear and actionable IC commentary. Development Project Monitoring
- Maintain and update a project-level risk register covering planning, construction, market, and operational risks, with clearly assigned mitigants. Third-Party Relationship Management
- ○ Board Representation: As required, act as a director, board observer or shareholder representative on portfolio companies, subsidiaries, SPVs and other investment vehicles, fulfilling governance responsibilities and protecting Tether's interests. IC Reporting & Decision Support
- ● Strong written and verbal communication skills, with the ability to distill complex operational, financial, and valuation matters into concise recommendations and decision-ready materials for senior management and Investment Committee audiences. Important information for candidates
- Apply only through our official channels.
Notes and original content
- Transparency is the bedrock of everything we do, ensuring trust in every transaction.
- Innovate with Tether
- Tether Finance: Our innovative product suite features the world’s most trusted stablecoin, USDT , relied upon by hundreds of millions worldwide, alongside pioneering digital asset tokenization services.
- But that’s just the beginning:
- About the job
- Responsibilities
- Leverage market data and comparable evidence to validate or challenge key projections and investment decisions.
- SPV & Direct Investment Management
- ○ Performance monitoring and variance analysis: Perform rigorous monthly andquarterly variance analysis of actual performance vs. budget, producing clear and actionable IC commentary.
- Development Project Monitoring
