JPMorgan Chase Asset Management - Alternatives - Northeast Real Estate Investment Team - Associate in New York, New York

J.P. Morgan Asset Management – Real Estate has more than $80 billion in assets under management and approximately 400 professionals in the U.S., Europe and Asia. With a 40-plus-year history of successful investing, J.P. Morgan Asset Management – Global Real Assets' broad capabilities provide many of the world's most sophisticated investors with a global platform of real estate, infrastructure, maritime/transport and energy strategies driven by local investment talent with disciplined investment processes consistently implemented across asset types and regions. The Real Estate Americas team is part of J.P. Morgan Asset Management's Alternatives Investments business, which collectively manages over $120 billion in client assets across real assets, hedge funds, credit and private equity.

The Real Estate Americas business is seeking to hire an associate for the Northeast investment team in the New York office. 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.

Responsibilities

  • Client focus – a successful candidate will be able to 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, a successful candidate will be able to successfully collaborate with external stakeholders including brokers, service providers, partners and competitors. The candidate would also strive to maintain and create a positive reputation for the firm within the broader industry.

  • Business results – a successful candidate 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. In addition, the candidate should be able to succinctly articulate the investment thesis and asset performance and strategy, supported with facts.

  • Building consensus – the successful candidate 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). A successful candidate will work with the market team counterpart to be a force in the market and understand and communicate their market.

  • Diligencing transactions – the successful candidate 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. The vice president 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 – the vice president will take the lead on transaction negotiation and documentation. The successful candidate will negotiate with a focus on identifying and mitigating risk, and will generate creative solutions to resolve structuring challenges.

  • Cultivate leadership and team building – the successful candidate will exhibit leadership in partnering with other internal teams, and in developing junior team members. He or she will consistently strive to gain the confidence of senior team members, including portfolio managers and senior asset managers. He or she will also proactively seek ways to expand Real Estate Americas’ impact across the firm.

  • Exceptional relationship building and negotiation skills

  • Highly motivated and a self-starter

  • Excellent quantitative and analytical skills

  • Superior writing skills

  • Ability to think strategically and work independently

  • Attention to detail

  • Compelling presentation skills in formal and informal settings

  • Proficient with Argus and the Microsoft Office Suite

Experience

Candidate should possess a minimum of 3 years of experience in real estate asset management/acquisition.

Education

Bachelor’s degree required.

Travel

The candidate should be prepared to travel as needed.

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.