Asset Management - Real Estate Asset Manager Northeast Region - Executive D at JPMC Candidate Experience page

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

25 Jul, 26

Salary

350000.0

Posted On

26 Apr, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Asset management, Real estate investment, Financial modeling, Negotiation, Relationship building, Valuation, Portfolio management, Risk mitigation, Investment underwriting, Capital projects, Leasing, Market research, Strategic planning, Team leadership, Mentoring, Due diligence

Industry

Financial Services

Description

Asset Management – Northeast Region Senior Asset Manager – Executive Director Firm Overview J.P. Morgan Asset Management is a leading global alternatives manager with a 40-year history of delivering innovative solutions across market cycles. Our specialized teams leverage the firm’s global resources and robust governance to deliver tailored portfolios and uncorrelated returns across real estate, private equity, credit, infrastructure, transportation, liquid alternatives, and hedge funds. Role Summary The Real Estate Americas business seeks an Executive Director for the Northeast Region Investment Team, based in New York. The Executive Director will report to the co-heads of the Northeast Region US investment team and will oversee asset management for a diverse portfolio of commercial real estate assets, including office, life science, retail, and industrial. Depending on experience and business needs, the portfolio may also include multifamily assets but this will not be the primary focus of this role. The geographic focus is Virginia to Maine, including major markets such as Boston, NYC, D.C. and Philadelphia and critical industrial corridors. The role includes managing deal teams, coordinating with internal and external stakeholders, and driving value creation across the portfolio. Job Responsibilities Asset Management * Develop and manage relationships with partners, brokers, third-party managers, and industry stakeholders to enhance market and product insight. * Maintain deep expertise in assigned real estate markets and competitive sets. * Build internal consensus on valuations and transactions through proactive communication with CIO, team leads, portfolio management, acquisitions, research, valuations, finance, debt capital markets, development/engineering, and legal/compliance. * Lead negotiation and documentation for leasing, capital projects, annual budgets, loan modifications or refinancings, and dispositions, with a focus on value creation and risk mitigation. * Create and review investment valuation models in Argus and Excel; synthesize market research and data to inform underwriting and business plans. * Calculate and review partner promote structures and waterfall distributions. * Prepare investment committee materials for dispositions, major leases, and capital recommendations. * Support acquisitions in sourcing and underwriting; lead or participate in due diligence through closing and onboarding new assets. Leadership * Lead cross-functional collaboration and mentor junior team members. * Earn trust of senior stakeholders, including portfolio managers and senior acquisitions officers. * Expand Real Estate Americas’ impact by contributing to client pitches, portfolio reviews, and internal initiatives. * Maintain active market presence via industry events, partner/broker/tenant meetings, and tours of competitive assets. * Identify and drive efficiency improvements across Real Estate Americas, leveraging broader firm capabilities. Required Qualifications, Capabilities and Skills: * 10+ years of equity asset management experience at an institutional real estate private equity firm, investment fund, REIT, or operator with a focus and expertise in office and industrial assets. * Demonstrated success in managing and developing junior associates and analysts. * Exceptional relationship-building and negotiation skills, including with tenants and third-party leasing brokers. * Experience managing complex assets, distressed situations, and within joint venture structures. * Strong quantitative modeling and analytical skills. * Excellent written and verbal communication skills. * Proactive and creative approach in both formal and informal settings. * Ability to multi-task and thrive in a dynamic environment. Preferred Qualifications, Capabilities and Skills: * Experience with ARGUS and Yardi. * Experience with restructuring loans. * In addition to the required expertise in office and industrial outlined above, experience with multifamily, self-storage, and/or retail is a plus. 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 FAQs [https://careers.jpmorgan.com/us/en/how-we-hire/faqs] for more information about requesting an accommodation. JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans 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.

Responsibilities

The Executive Director will oversee asset management for a diverse portfolio of commercial real estate assets in the Northeast region. Responsibilities include leading deal teams, driving value creation, managing stakeholder relationships, and overseeing investment valuations and capital projects.