Asset Management – Alternatives – U.S. Real Estate – Managing Director of West Coast

Job title: Asset Management – Alternatives – U.S. Real Estate – Managing Director of West Coast

Company: JPMorgan Chase

Job description: Job Description:J.P. Morgan Asset & Wealth Management, with client assets of $2.4 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.The Real Estate Americas business is seeking to hire a Managing Director (“MD”) of West Coast US Asset Management in our Century City, CA office. The MD will also co-head the West Coast team with the West Coast Acquisitions team lead (based in SF) and will report to the Head of US Asset Management (based in NYC). The successful candidate will oversee a team of Asset Managers (including executive directors, vice presidents, associates and analysts) who oversee a diverse portfolio of assets in the residential, office, retail and industrial sectors and drive value to our clients. The successful candidate will be responsible for oversight and strategy implementation within the existing portfolio, assistance on development deals, the handling of dispositions, working through internal and external property valuations and completing various internal and external reports. The MD will be responsible for managing the asset management team, as well as coordinating with acquisitions, engineering, research and other JPM and external teams.DUTIES AND RESPONSIBILITIES

• Develop and manage partner, broker, third party management firms and other industry relationships to generate market / product expertise.
• Have an in-depth knowledge of the West Coast real estate landscape and maximize portfolio returns within region.
• Provide strategic direction for a diverse portfolio of assets in the Western US region, particularly focusing on the Seattle, Portland, San Francisco, Los Angeles and San Diego MSA’s. The portfolio will include assets across the risk spectrum.
• Build internal consensus on valuation and transaction structure through proactive communication with all constituencies (including the CIO, portfolio management, acquisitions, research, valuations, financial, debt capital markets, development/engineering, and legal).
• Oversee transaction negotiation and documentation of asset dispositions. Negotiate with a focus on identifying and mitigating risk, generate creative solutions to resolve structuring challenges.
• Exhibit leadership in partnering with other internal teams, and in developing senior and junior team members. The candidate 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 firm, including contributing to client pitches, reviews, and other important internal initiatives.
• Research and analyze market data.
• Participate in property inspections and market tours.
• Oversee and review presentations for written leasing and disposition committee memos.
• Expertise in the calculation of partner promote structures and waterfall distributions.

QUALIFICATIONS

• Excellent leadership and team-building skills
• Exceptional relationship building and negotiation skills
• Excellent quantitative and analytical skills
• Highly motivated and a self-starter
• Ability to work in a team environment
• Excellent quantitative modeling and analytical skills
• Superior writing and verbal communication skills
• Compelling presentation skills in formal and informal settings
• Ability to multi-task and work in a dynamic environment

ExperienceCandidate should possess a minimum of 15 years of experience in real estate asset management. Experience in the Western United States is a plus.EducationBachelor’s degree required.TravelThe candidate should be prepared to travel as needed.About Us:JPMorganChase, 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 commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our for more information about requesting an accommodation.JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/VeteransAbout the Team:J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.​

Expected salary:

Location: Los Angeles, CA

Job date: Thu, 20 Mar 2025 04:06:37 GMT

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