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.
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 expertiseAssist acquisitions team with sourcing and underwriting of new acquisitions in assigned markets. Perform due diligence to prepare acquisitions for closingBuild 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/complianceLead transaction negotiation and documentation of leasing, capital, and asset dispositions. Negotiate with a focus on creating value while also identifying and mitigating riskExhibit 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 companyCreate and review financial models for investment valuations using Argus and ExcelUtilize market research and market data to support valuation and investment decisions. Calculate and review partner promote structures and waterfall distributionsActively 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 recommendationsRequired qualifications, capabilities and skills
10+ years of asset management experienceExperience managing large, complex office assetsExperience mentoring and training junior associates and analystsExceptional relationship building and negotiation skills including with tenants/prospective tenants and 3rd party leasing brokersExcellent quantitative modeling and analytical skills, including familiarity with ARGUSStrong written and communication skillsProactive and creative mindsetPreferred qualifications, capabilities and skills
ARGUS and excel proficiency is a plusExperience 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.