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
The Real Estate Americas business is seeking to hire a Vice President for the Southeast investment team to concentrate on our Multi Family and Single Family Investments. The investment team covers roughly 140 office, retail, multifamily and industrial investments valued at approximately $18 billion in fair market value. A successful candidate will oversee a portfolio of assets and drive value to our clients. Individual in this role will need to be able to collaborate with internal and external stakeholders, manage a team of analysts, show leadership in all aspects of the deal, including negotiating documents and understand key business and legal terms and communicate them as appropriate.
Job Responsibilities
- Client focus - you will successfully collaborate with internal stakeholders, including their market counterpart, research team member, financial group, development and engineering group member, capital markets, debt capital markets and sector strategists. In addition, you will be able to successfully collaborate with external stakeholders including brokers, service providers, partners and competitors and strive to maintain and create a positive reputation for the firm within the broader industry.
- Business results - you will be able to master the market and show creativity with that knowledge, including understanding the macro environment that influences the real estate fundamentals and pricing. You should be able to succinctly articulate the investment thesis and asset performance and strategy, supported with facts.
- Building consensus - you will build internal consensus on asset strategy through proactive communication with all constituencies (including the CIO, portfolio management, research, valuation, financial, debt capital markets and development/engineering). You will work with the market team counterpart to be a force in the market and understand and communicate their market.
- Diligencing transactions - you will lead due diligence teams and coordinate seamlessly with portfolio management, asset management, development/engineering, debt capital markets, valuation, financial and other teams (including outside counsel and third-party consultants) to identify and resolve diligence issues. You will be responsible for anticipating and responding to the challenges of due diligence, for identifying solutions that drive transactions to closing, for organizing and coordinating closing.
- Negotiating transactions - will take the lead on transaction negotiation and documentation and will negotiate with a focus on identifying and mitigating risk, and will generate creative solutions to resolve structuring challenges.
- Cultivate leadership and team building - will exhibit leadership in partnering with other internal teams, and in developing junior team members and will consistently strive to gain the confidence of senior team members, including portfolio managers
Required qualifications, capabilities and skills
- 8+ years of Asset Management experience
- 5 years of experience managing multi-family properties
- Experience mentoring and training junior associates and analyst
- Exceptional relationship building and negotiation skills
- Excellent quantitative modeling and analytical skills
Preferred qualifications, capabilities and skills
- ARGUS and Yardi experience is a plus
- Single Family Residential experience
