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Asset Management - Real Estate Asset Manager Western Region - Executive Director

AT JPMorgan Chase
JPMorgan Chase

Asset Management - Real Estate Asset Manager Western Region - Executive Director

Los Angeles, CA

J.P. Morgan Asset Management is the world's third-largest alternatives manager, with a 40-year history of delivering innovative alternative solutions across market cycles. Our alternative investment engines are managed by highly specialized independent teams, backed by the global reach, vast resources and robust governance of J.P. Morgan Asset Management. Our alternative strategies are designed to achieve specific client outcomes and built to deliver uncorrelated returns to traditional asset classes. Customized alternative portfolios can be tailored to individual client needs. We offer strategies across the alternative investment spectrum, including real estate, private equity and credit, infrastructure, transportation, liquid alternatives and hedge funds.

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Role Summary

As an Executive Director on the West Region Investment Team, you will be responsible for managing deal teams, including analysts and associates, as well as coordinating with internal (valuations, engineering, research) and external (investors, lawyers, brokers, property management, and various consultants) teams.

Job Responsibilities

  • Develop and manage partner, broker, third party management firms and other industry relationships to generate market and product expertise
  • Assist acquisitions team with sourcing and underwriting of new acquisitions in assigned markets. Perform due diligence to prepare acquisitions for closing
  • Build internal consensus on valuations and transactions through proactive communication with all constituencies including the CIO, portfolio management, acquisitions, research, valuations, financial, debt capital markets, development/engineering, and legal/compliance
  • Lead transaction negotiation and documentation of leasing, capital, and asset dispositions. Negotiate with a focus on creating value while also identifying and mitigating risk
  • Exhibit leadership in partnering with other internal teams, and in developing junior team members. You will consistently strive to gain the confidence of senior team members, including portfolio managers and senior acquisitions officers. The candidate will also proactively seek ways to expand Real Estate America's impact across the company
  • Create and review financial models for investment valuations using Argus and Excel
  • Utilize market research and market data to support valuation and investment decisions. Calculate and review partner promote structures and waterfall distributions
  • Actively participate in the market including industry events; partner, broker, tenant, and prospect meetings; and market and competitive set tours
  • Create and review investment committee presentations for dispositions as well as for major leasing and capital recommendations

Required qualifications, capabilities and skills

  • 10+ years of asset management experience
  • Experience managing large, complex office assets
  • Experience mentoring and training junior associates and analysts
  • Exceptional relationship building and negotiation skills including with tenants/prospective tenants and 3rd party leasing brokers
  • Excellent quantitative modeling and analytical skills, including familiarity with ARGUS
  • Strong written and communication skills
  • Proactive and creative mindset

Preferred qualifications, capabilities and skills

  • ARGUS and excel proficiency is a plus
  • Experience with any or all of the following other asset types (multi family, life science, self-storage, retail and/or industrial) is a plus

This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase's review of criminal conviction history, including pretrial diversions or program entries.

ABOUT US

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

ABOUT THE TEAM

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

Client-provided location(s): Los Angeles, CA, USA
Job ID: JPMorgan-210641993
Employment Type: Full Time