Manager, Investment and Asset Management, United States

Job Responsibilities: 

• Modeling cash flow scenarios to evaluate economics of potential leases, resultant impact to asset value, & buy/sell/hold recommendations. The role requires exceptional prof. in excel

• Lead analysis & provide analytical insight to portfolio management team using Argus & Excel w/ high degree of prof

• Build, maintain, & oversee stress testing of complex fund models

• Develop & execute business plans for capital improvement projects, including securing necessary funding, & overseeing teams to deliver on project tenders, build out, & adherence to strict timelines

• Act as main point of contact w/ portfolio management team & spend significant time w/ global colleagues across commercial real estate business including acquisitions, asset management & legal & compliance

• Negotiate leases using in-depth understanding of lease agreement clauses (including regional market standards) to promote ownership’s economic interests

• Structure binding lease agreements, by performing analysis of lease proposals & managing the approval process w/ capital partners & lenders, while executing leasing strategy

• Apply knowledge of real estate property management & financials to manage & monitor quality of outsourced services including oversight of property management & leasing teams

• Periodically review & negotiate contracts & agreements w/ vendors & third parties to ensure maximum net operating income (brokers, property managers)

• Closely collaborate w/ property managers during CAM (common area maintenance) financial reconciliations & provide oversight on any tenant financial audits where necessary

• Assist Head of US Commercial in board presentations & formulating strategy for existing & new assets

• Review & interpret monthly financial reports while working closely w/ finance to ensure consensus on performance variances compare to budget

• Manage & mentor real estate analysts

• Involvement in transactions from end-to-end, including research, deal evaluation & structuring, financial analysis (including financial modelling) & deal execution

• Evaluate optimal timing for potential asset dispositions, through active risk management & performance of regular hold/sell analysis of existing assets to maximize fund returns

• Review due diligence reports (financial, legal, technical) for potential asset acquisitions valued in the hundreds of millions of dollars

• Underwrite disposition, acquisition opportunities based on current capital markets & real estate inputs

• Lead in development of business cases & funding requests for large capital projects. This requires exceptional written communication, market knowledge, & established industry relationships

• Collaborate w/ Investment team to identify new investment opportunities, perform due diligence, & lead efforts on major commercial office acquisitions & investment decisions for North America

• Attend industry conferences & participate in panels to facilitate investment

• Negotiate, & structure real estate investments to generate benchmark out-performance (alpha)

• Knowledge of entitlement process to assess value creation opportunities & mitigate risks

• Coordinate w/ Investments team to obtain external BOVs & appraisals

• Lead preparation & review of reports detailing asset financial performance, leasing status, rental collections, & progression of capital projects

• Collaborate w/ colleagues globally to address investor requests for performance data, reporting & responses to due diligence questions

• Perform scenario analysis to benchmark portfolio performance versus submarkets using KPIs & market-based metrics

• Review financial reports, prepare & analyze budgets, & manage cash flows at all properties

• Perform property-level market valuations for owned assets & maintain models to support market valuations

• Lead review of appraiser models & reports to scrutinize assumptions impacting value

• Lead multi-year budgeting process of all US Commercial assets

Minimum Education Required:

• Bachelor’s degree in Business Administration, Finance, Accounting, Real Estate, or a related field, or the foreign equivalent.

Minimum Other Special Skills or Requirements:

• 5 years of experience using financial concepts such as net present value, internal rate of return, discounted cash flows, hold/sell analysis, and other performance-related metrics

• 5 years of experience using Excel and PowerPoint.

• 3 years of experience in commercial real estate asset management and investment.

• 3 years of experience in deal sourcing, underwriting, and executing real estate investments.

• 3 years of performing valuations across logistics, commercial office, and student housing asset classes.

• 3 years of portfolio management and analysis to determine asset class exposure insights and strategies to maximize returns.

• 3 years of experience using Argus software.

• 3 years of experience using accounting software such as SAP reports.