Company Overview:
RCLCO is a leading real estate consulting firm specializing in providing strategic advisory services to clients in the real estate industry. With a rich history and an esteemed reputation, RCLCO is dedicated to shaping the future of real estate through insightful analysis, innovative strategies, and unparalleled client service. RCLCO has offices in Austin, Denver, Los Angeles, New York, Orlando, San Francisco, and Washington, DC, and offers an array of consulting services across three major service areas: Real Estate Economics; Management Consulting (including Talent Advisory); and RCLCO Fund Advisors, an affiliate firm focused on institutional real estate investment strategy.
Position Summary:
RCLCO seeks a qualified Vice President for our Compensation Consulting team, with a strong preference for someone based in Washington, DC. This role will lead and execute on consulting engagements alongside the Managing Director and serve as a trusted advisor to C-suite leadership, Board of Directors, and Human Resources on all matters related to compensation strategy.
The ideal candidate for this position has demonstrated knowledge of the commercial real estate industry, including typical functions and roles, capitalization, asset classes, and GP/LP structures. The individual has strong judgement and problem-solving skills, operates with a sense of urgency, is comfortable working in an entrepreneurial, high growth environment, is a savvy communicator and presenter, and can advance project work autonomously. The role will include a range of tasks, and may look different day-to-day, though can be highlighted generally as shown below.
Key Job Responsibilities:
Serve as the engagement leader for compensation consulting projects, handling all client communications and ensuring deadlines are met
Participate in business development efforts including joining introductory calls with new clients and developing engagement letters
Develop short- and long-term incentive plan recommendations that reflect market norms and client needs, preferences, and philosophy
Conduct research via external sources and RCLCO’s internal databases to identify appropriate market comparisons for compensation benchmarking
Communicate, through both written memoranda and presentations, key findings and recommendations to clients
Review work produced by junior team members and provide regular feedback
Serve as a thought partner for ongoing enhancements to RCLCO’s annual Real Estate Compensation & Benefits Survey, which is the industry’s most comprehensive compensation survey, representing over 400 companies nationwide
Lead efforts to drive continuous improvements and enhance teamwide processes, templates, and databases
Qualifications:
Years of professional experience: 7+ years, ideally in commercial real estate, private equity, or financial services
Undergraduate degree, preferably in a business-related field
Knowledge of commercial real estate fundamentals including typical functions and roles, capitalization, asset classes, and GP/LP structures; familiarity with promote/carried interest is a plus
Excellent analytical, quantitative, written and verbal communication skills; strong attention to detail and accuracy
Experience working directly with C-suite executives
Demonstrated leadership potential and excellent interpersonal skills
Strong PowerPoint skills, including developing executive-level presentations with compelling visuals, graphics, charts, etc.
Intermediate to advanced skills in Microsoft Excel, including financial modeling and analysis, calculating summary statistics, and standard formulas (VLOOKUP, INDEX MATCH, IF THEN, etc.)
Estimated annual base salary: $130K-160K, plus annual bonus. Estimated total annual comp: $236K-286K
Our benefits package includes:
Hybrid schedule flexibility, with team members in the office 3+days per week and the option to work fully remote 4 weeks each year
100% paid healthcare for employees, including dental and vision insurance (with the option to upgrade plans and add dependents at team member's expense)
Competitive vacation and wellness/sick time provided annually
Family planning and fertility benefits
Employee stipend for continuing education and professional development
Employer-paid family leave after one year of employment
Cell phone stipend
Wellness benefits such as an Employee Assistance Program, standing desks available to all team members, and healthy snacks supplied in each office location
Option to participate in FSA, HSA, and 401(k) plan
Employer contribution to 401(k) annually
Access to back-up childcare, elder care, pet care, and other in-home resources
Enjoyment of hosted in-office lunches and social events on a regular basis
Paid time off to volunteer
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Equal Opportunity Employer - RCLCO is an EEO Employer who celebrates diversity - Drug-Free Workplace
RCLCO is committed to Diversity, Equity, and Inclusion and strives to cultivate a diverse working environment that respects and values individuals from a broad range of backgrounds and experiences.