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Director, Asset Management
- Manulife (Atlanta, GA)
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Manulife Investment Management (“MIM”) is the global wealth and asset management segment of Manulife Financial Corporation. Manulife Investment Management's global real estate platform provides investment solutions globally as part of its comprehensive private markets capabilities, offering core, core-plus, and value-add strategies.
MIM’s GRE team leverages its global platform and regional market knowledge to identify opportunities and drive results for its clients. As of December 31, 2024, its sustainably operated platform includes 90 million square feet of office, industrial, retail, and multifamily assets located across Canada, the United States, and the Asia Pacific region, with approximately $20 billion USD of real estate (500+ properties). The team is expanding its capabilities to meet evolving market opportunities, building a strong and diverse global culture as an entrepreneurial investment manager.
MIM is seeking a Director, US Asset Management, to play a key role within the growing platform. The Director, Asset Management is generally responsible for maximizing value of a portfolio by developing and driving asset-level strategies. The successful candidate will be responsible for delivering asset-level performance, with accountability for property management, leasing, capital expenditures, development, tenant relations, and oversight of other asset management team members.
Reporting to the Managing Director, Head of Real Estate Asset Management Eastern US, the Director, Asset Management’s focus will primarily be markets within the Southeast region, and assets will include a mix of multifamily, industrial, and office properties.
Responsibilities:
Develop and implement asset-level strategies.
+ Maintain strong relationships within the real estate industry to ascertain market and asset trends. Source and analyze market research.
+ Identify and communicate each asset’s competitive position relative to its peer set. Develop strategies that best position each asset to outperform competitors.
+ Identify value-add opportunities and lead the execution of value-add initiatives including renovations, repositioning, and the oversight of select ground-up developments to maximize total return for each assigned asset.
+ Provide pre-acquisition and disposition input and assistance in due diligence process, including thorough research on select properties/markets and review of financial and operational assumptions.
+ Regularly communicate market-level insights and contribute to regular asset management reports for Portfolio Managers and Senior Management.
Implement asset-level business plans and maximize NOI.
+ Coordinate, produce and present annual business plans to Senior Management and Portfolio Managers.
+ Lead property management teams, leasing teams/agents, project managers, development managers and other collaborators to implement business plans. Lead negotiation of leases and third-party contracts.
+ Target improvements in tenant satisfaction ratings. Target utility cost savings and improvements in sustainable building standard scores.
+ Recommend approvals for budgets, forecasts and reforecasts, new leases and renewals. As required, present the case for approval recommendations to Senior Management and Portfolio Managers.
+ Review and approve Yardi quarterly financials/operating statements and variance reports. Understand cash flow requirements and distribution analysis.
Oversee asset-level financial performance and maximize total return.
+ Maintain internal Argus model for each assigned asset from acquisition closing through disposition. Review and update quarterly.
+ Analyze and communicate the strategic and financial impacts of prospective tenant leases and capital improvement projects on building valuations.
+ Work with internal teams to review and provide feedback on drafts of quarterly external appraisals.
+ Monitor investment performance and provide feedback on and insights into quarterly MSCI performance results for each asset.
+ Prepare and present asset-level information for external investors as needed. Find opportunities to improve quality and content of investor reporting
Knowledge/Skills/Competencies/Education:
+ Undergraduate degree in Finance, Accounting, Economics or Real Estate from top academic institution required. CFA designation, completion of a real estate related designation, MBA and/or graduate degree in finance/real estate desirable.
+ Minimum of 7-10 years of asset-level experience, preferably working for a third-party fund management company.
+ Network of industry contacts (investment and leasing brokers, investment manager competitors, investment bankers, institutional and non-institutional landlords).
+ Strong leadership and team member training capabilities to serve as a leader to US Asset Management Analysts and other Global Real Estate Group team members.
+ Knowledge and applied professional understanding of the principles and practices of institutional real estate investment management, capital markets, and portfolio analysis. Knowledge of commercial real estate trends.
+ Strong analytical skills (both quantitative and qualitative). Strong risk assessment skills. Ability to compile, monitor, examine, and audit various financial, performance, and/or data reports for accuracy, integrity, and conformance to performance benchmarks. Strong organizational and prioritization skills.
+ Ability to develop investment strategies and provide recommendations for changes or enhancements to improve investment objectives. Ability to integrate top-down and bottom-up perspectives into investment recommendations.
+ Ability to draw conclusions and prepare written findings and presentations. Ability to evaluate and determine property valuations and asset performance under a variety of scenarios. Excellent verbal and written communications skills in order to present to and work with senior management and external clients.
+ Ability to juggle competing priorities and work under pressure to meet demanding response times, all while paying strict attention to detail.
+ Focused and self-motivated team player who balances independent thinking with the execution capabilities and core competencies of the rest of the organization.
+ Superior proficiency with Microsoft Excel, Argus Enterprise. Yardi experience a plus.
_When you join our team:_
+ We’ll empower you to learn and grow the career you want.
+ We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
+ As part of our global team, we’ll support you in shaping the future you want to see.
Acerca de Manulife y John Hancock
Manulife Financial Corporation es un importante proveedor internacional de servicios financieros que ayuda a las personas a tomar decisiones de una manera más fácil y a vivir mejor. Para obtener más información acerca de nosotros, visite http://www.manulife.com .
Manulife es un empleador que ofrece igualdad de oportunidades
En Manulife/John Hancock, valoramos nuestra diversidad. Nos esforzamos por atraer, formar y retener una fuerza laboral tan diversa como los clientes a los que prestamos servicios, y para fomentar un entorno laboral inclusivo en el que se aprovechen las fortalezas de las culturas y las personas. Estamos comprometidos con la equidad en las contrataciones, la retención de talento, el ascenso y la remuneración, y administramos todas nuestras prácticas y programas sin discriminación por motivos de raza, ascendencia, lugar de origen, color, origen étnico, ciudadanía, religión o creencias religiosas, credo, sexo (incluyendo el embarazo y las afecciones relacionadas con este), orientación sexual, características genéticas, condición de veterano, identidad de género, expresión de género, edad, estado civil, estatus familiar, discapacidad, o cualquier otro aspecto protegido por la ley vigente.
Nuestra prioridad es eliminar las barreras para garantizar la igualdad de acceso al empleo. Un representante de Recursos Humanos trabajará con los solicitantes que requieran una adaptación razonable durante el proceso de solicitud. Toda la información que se haya compartido durante el proceso de solicitud de adaptación se almacenará y utilizará de manera congruente con las leyes y las políticas de Manulife/John Hancock correspondientes. Para solicitar una adaptación razonable en el proceso de solicitud, envíenos un mensaje a [email protected] .
Ubicación principal
Atlanta, Georgia
Modalidades de Trabajo
Híbrido
Se prevé que el rango salarial esté entre
$129,000.00 USD - $218,000.00 USD
Si se está postulando para este puesto fuera de la ubicación principal, póngase en contacto con [email protected] para conocer el rango salarial de su ubicación. El salario real variará según las condiciones locales del mercado, la geografía y los factores relacionados con el trabajo pertinentes, como conocimiento, habilidades, calificaciones, experiencia y educación/capacitación. Los empleados también tienen la oportunidad de participar en programas de incentivos y obtener una compensación de incentivos vinculada al desempeño comercial e individual.
Manulife/John Hancock ofrece a los empleados aptos una amplia variedad de beneficios personalizables, entre ellos, beneficios de salud, odontológicos, de salud mental, oftalmológicos, por discapacidad a corto y a largo plazo, cobertura de seguro de vida y por muerte accidental y desmembramiento, adopción/subrogación y bienestar, y planes de asistencia al empleado/familiar. También ofrecemos a los empleados admisibles varios planes de ahorro para la jubilación (incluidos planes de ahorro 401(k) o de pensiones y un plan mundial de propiedad de acciones con contribuciones equivalentes del empleador) y recursos de asesoramiento y educación financiera. Nuestro generoso programa de días libres pagos en EE. UU. contempla hasta 11 días festivos, 3 días personales, 150 horas de vacaciones y 40 horas de licencia por enfermedad (o más cuando lo exija la ley) por año, y ofrecemos todos los tipos de licencias contempladas por la ley.
Conozca sus derechos (https://www.dol.gov/agencies/ofccp/posters)
Permiso Familiar y Médico
Ley de Protección del Empleado contra el Examen Poligráfico (https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/eppac.pdf)
Derecho al Trabajo
Verificación Electrónica (E-** **Verify** **)
Transparencia Salarial (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)
Company: John Hancock Life Insurance Company (U.S.A.)
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