Deutsche Bank

Asset Manager

3+ months agoSan Francisco, CA

Job Description:

Job Title: Asset Manager

Location: San Francisco, CA

Business Description

DWS Group (DWS) is one of the world's leading asset managers with EUR 793bn of assets under management (as of December 2020). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.

We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management - as well as our deep environmental, social and governance focus - complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our strategic investment approach.

DWS wants to innovate and shape the future of investing: with staff from 35 nationalities, speaking more than 75 languages rooted in 22 countries, we are local while being one global team.

Overview

The commercial Asset Manager (AM) is an integral role within the Office & Industrial Asset Management Group. The AM's primary role is to add value to our clients' office & industrial real estate assets by providing best in class asset management services. The AM will be responsible for a portfolio of 10 to 20 Class A office, industrial, and office & industrial flex assets (an approximate 3-6 Million sf NRA; 250 - 400 tenants) and will be an expert in their respective property markets.

What We Offer You:

  • We offer competitive health and wellness benefits, empowering you to value life in and out of the office
  • Retirement Savings Plans, Parental Leave, and other family-friendly programs

Return to Office:

At this time, all individuals present in the location must be fully vaccinated for Covid-19
  • It is the Bank's expectation that employees hired into this role will work in the San Francisco office in accordance with the Bank's hybrid working model
  • DWS provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion

Your Key Responsibilities:
  • Negotiate significant leases and oversee every aspect of the leasing process, including NPV preparation, tenant financial review and securitization, and review of commission invoices
  • Oversee direct property management and leasing services for each asset
  • Monitor market trends in value, cost, and supply/demand fundamentals to identify acquisition and disposition opportunities and continuously review portfolio for opportunities to add value through renovation, expansion, and/or repositioning of the asset
  • Reviews monthly, quarterly and annual reports produced by the Contract Manager to ensure they follow DWS requirements
  • Prepare quarterly reports that present property performance along with progress on strategic initiatives
  • Assist Acquisitions Team with underwriting potential new acquisitions within your respective market

Your Skills and Experience:
  • Previous extensive institutional level office & industrial real estate asset management experience
  • College degree in Business Administration, Finance, Economics, Real Estate, or similar; MBA is preferred
  • In-depth knowledge of Python programming language and one or more AI/ML tools
  • Skilled in leasing, property operations, project management, construction, negotiations, accounting, and reporting with the ability to understand financial statements, investment pro-formas, IRR, and NPV calculations and analysis
  • Strong business and financial acumen, with excellent organizational, problem solving, influencing and negotiating skills. Experience with spreadsheets, Excel, and word-processing

How You'll Lead:
  • Manage total capital improvements as a percentage of NOI at the respective properties
  • Manage relationships with contract manager and joint venture partners and provide oversight
  • Develop management, leasing and capital investment strategies, along with income/expense budgets for each asset, and present annual plans for these activities to the respective Portfolio Managers as required
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Click here to find out more about our diversity and inclusion policy and initiatives.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.

Client-provided location(s): San Francisco, CA, USA
Job ID: deutsche_bank-R0131588

Perks and Benefits

  • Health and Wellness
    • FSA
    • HSA
    • Health Reimbursement Account
    • Wellness Program
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
  • Parental Benefits and Childcare
    • Paid Family Leave
  • Work Flexibility
    • Flexible Work Hours
    • Remote Work Opportunities
  • Office Life and Perks
    • Commuter Benefits Program
  • Vacation and Time Off
    • Leave of Absence
    • Personal/Sick Days
    • Paid Holidays
    • Paid Vacation
  • Financial and Retirement
    • Relocation Assistance
    • Performance Bonus
    • Stock Purchase Program
    • 401(K) With Company Matching
  • Professional Development
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Tuition Reimbursement
  • Diversity and Inclusion
    • Diversity, Equity, and Inclusion Program

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