Asset Management - Real Estate Asset Manager (West Coast) - Executive Director

JPMorgan Chase & Co.•Los Angeles, CA

10h

About The Position

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. Their 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. The alternative strategies are designed to achieve specific client outcomes and built to deliver uncorrelated returns to traditional asset classes, with customized alternative portfolios tailored to individual client needs. They offer strategies across the alternative investment spectrum, including real estate, private equity and credit, infrastructure, transportation, liquid alternatives and hedge funds. As an Executive Director on the West Region Investment Team, this role is responsible for managing deal teams, including analysts and associates, and coordinating with various internal (valuations, engineering, research) and external (investors, lawyers, brokers, property management, and various consultants) teams.

Requirements

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

Nice To Haves

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

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