Senior Research Analyst - Newmark

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2024, Newmark generated revenues of approximately $2.6 billion. As of that same date, Newmark’s company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

JOB DESCRIPTION:

Responsible for the overall management of the Research Department to include personnel management, database management, and database integrity verification. Works closely with the brokers/sales staff to address their research needs and formulate appropriate solutions. Also responsible for working closely with various levels of upper management regarding all issues related to research.

ESSENTIAL DUTIES:

• Directly responsible for addressing issues of data quality and must be fluent in all operations performed by the staff of the research department.
• Ensure Best-In-Class research services for transaction services, management services and other business lines.
• Cooperate and communicate with other directors of research to share best practices and implement new best practices within your office.
• Understanding of all purchased research-related data sources including, but not limited to, listing services, tax record information, property assessments, ownership information, aerial software and tenant prospect databases.
• Manages purchased database sources including negotiating contracts, recommending new sources and evaluating existing products.
• Develop and maintain relationships with real estate consulting and service companies.
• Assists in pursuing, securing and servicing new opportunities which demands higher level of service. This includes developing suitable budgets, coordinating research activities, and assisting in follow-up.
• Direct involvement in high-profile presentations, including preparation and presentation.
• Monitors client progress with all necessary transaction professionals and follows-up via phone or mail when appropriate.
• Listens to the needs of existing or prospective clients and performs necessary “custom” care steps to ensure ultimate service.
• Responsible for supervising and managing database coordinators, research analysts, GIS and mapping staff, research interns.
• Responsible for managing the daily workflow, identifying training needs, tracking performance, coaching and motivating of the research staff.
• Responsible for recruitment, selection, orientation, motivation, mentoring and training of research staff.
• Responsible for conducting periodic performance reviews, creation and implementation of performance rewards, disciplinary action when appropriate, and approval of time cards for the research staff.
• Ensure compliance and adherence to all company research initiatives
• May perform other duties as assigned.

SKILLS, EDUCATION AND EXPERIENCE

• Bachelor’s degree; preferably in Economics, Real Estate, Finance, Urban Planning or Business Administration
• Minimum 6-7 year’s professional management experience in real estate analysis or related field
• 4 years of direct commercial real estate experience
• Extensive database and systems management experience
• Project and staff management experience
• Strong analytical, writing, and communication skills
• Strong people and presentation skills

WORKING CONDITIONS: Normal working conditions with the absence of disagreeable elements

Salary

$80000 - $85000 annually

The expected base salary for this position ranges from $80000 to $85000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

NOTE

The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.