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Director – Asset Management Equity Group, Western Region

Salary
$125,000-$149,999
Employment
Full Time
Work Place
Office
Real Estate Field
Location
El Segundo
 CA
Postal Code
90245
Country
United States

This job is no longer active.

Description


Title: Director – Asset Management Equity Group, Western Region

Department: US Real Estate Equity

Location: El Segundo, CA

 

Barings is a $326+billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment. Learn more, at .

*as of March 2021

 

Typical Responsibilities

  • Responsible for the investment performance, business plans and ongoing reporting for an institutional real estate portfolio of retail properties. May also include industrial, multifamily and office assets.
  • Maximize investment value by managing income, cash flow and long term property strategy, all within the framework of the overall portfolio goals and objectives.  
  • Authority to enter into contracts for the properties assigned, such as leasing and management agreements; this would include selection, negotiation, oversight and termination.
  • Responsible for the oversight of leasing across the portfolio, including analyzing the value added by each lease and ultimately the execution of approved leases.
  • Ensure that performance and investment objectives of assets are met.  Work with third party service providers and joint venture partners to meet investment goals.
  • Participate in the acquisitions process and lead due diligence for new investments, including physical, operational and financial reviews.  Present due diligence findings to investment committee.
  • Prepare hold/sell recommendations and lead disposition of assets per portfolio requirements.
  • Prepare and review annual business plans and budgets.  Present to clients, portfolio managers and senior management team.
  • Review and analyze monthly and quarterly financial statements for each property. Monitor and approve capital expenditures.
  • Perform quarterly and annual reporting requirements for properties.
  • Work with analyst team to prepare quarterly valuations for all properties.

 

Knowledge Requirements

  • 5-10 years of real estate asset management experience required.  Experience with joint venture investments a plus.
  • Bachelor’s degree required, preferably with a Business, Finance or Real Estate emphasis.
  • MBA is strongly preferred.
  • Real estate investment experience in the Western U.S. markets preferred.
  • Knowledge of financial modeling and analysis programs (ARGUS, Excel, etc.) required.

 

Competencies

  • Ability to interact with senior management, line staff and third-parties in a positive manner.
  • Must have strong client-service focus and strong relationships within the institutional real estate industry.
  • Sophisticated financial skills and capital markets perspective.
  • Exceptional quantitative underwriting skills.
  • Ability to influence others and win support on critical issues through strong written skills and effective communication.
  • Must possess a high standard of professionalism and integrity.
  • Ability to prioritize, multi-task and meet tight timelines.
  • Ability to make key recommendations and decisions.
  • Willingness and ability to travel overnight.
  • Exceptional interpersonal, verbal and written communication skills.  Proven presentation skills.
 
 

Experience


5+ to 7 years


This job is no longer active.

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