Asset Management - Real Estate Equity Asset Manager - Executive Director at JPMorgan Chase

Asset Management - Real Estate Equity Asset Manager - Executive Director job at JPMorgan Chase & Co.. Los Angeles, CA.

J.P. Morgan Asset Management, the world’s third-largest alternatives manager, offers a 40‑year legacy of innovative solutions across market cycles. Our specialized teams, supported by J.P. Morgan’s global resources, deliver alternative strategies aimed at achieving specific client outcomes and uncorrelated returns. We provide tailored portfolios across the alternative investment spectrum, including real estate, private equity, credit, infrastructure, and hedge funds.

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 office, industrial, and/or multifamily
• Experience negotiating commercial leases
• 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 (life science, self‑storage, or retail) 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 JPMorgan

Chase’s review of criminal conviction history, including pretrial diversions or program entries.

JPMorgan

Chase, 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…