Director, Asset Management- Mid West RegionJohn Hancock. - Chicago, IL
The real estate asset manager is generally responsible for helping to add value to the portfolio through executing property-level strategies and is responsible for property-level performance. The successful candidate will be responsible for portfolios within John Hancock's U.S.
Real Estate holdings in the Western U.S.
Region, which may include both third-party and general account assets, and has a strong background and experience in commercial real estate with an emphasis on office and industrial properties.
Work closely with property managers, leasing agents, project managers, development managers to provide direction for and oversight of business plans, budgets, forecasts, leases, renewals, analysis and approvals Maximize total return for each assigned asset through the analysis of property efficiencies and identifying value-add opportunities for improved performance When required, participate in leases and third party contracts Understand cash flow, distribution analysis and develop investment projections Review quarterly financials and monitor investment performance Develop and distribute periodic asset management reports for Senior Management as well as modeling financial analysis for each asset from acquisition through disposition Assess impact of prospective tenant leases and capital improvement projects on building valuation When required, provide pre-acquisition input and assistance in due diligence process, including review of financial and operational assumptions Source and analyze market research, undertake thorough research on select properties/markets Develop strong relationships within the real estate industry to ascertain market and asset trends to ensure asset performs in top rankings among competitors Identify opportunities to improve quality and content of investor reporting Assist in special and ad hoc projects as required i.e. portfolio real estate tax and Insurance programs Knowledge/Skills/Competencies/Education:
Bachelor's degree in real estate, finance or engineering, MBA and/or graduate degree in finance/real estate preferred. Completion of real estate related designations (brokerage license, Chartered Realty Investor, CRE, etc.) desirable. Knowledge and applied professional understanding of the principles and practices of institutional investment management, capital markets, and portfolio analysis as it relates to Real Estate, with a minimum of 8-10 years of asset-level experience in multiple U.S. markets.
Knowledge of domestic and global commercial real estate trends. 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.
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. 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. Thorough knowledge of investment universe and securities market in order to construct high-performing portfolios in compliance with clients' investment policies and risk profiles.
Network of industry contacts (investment and leasing brokers, investment manager competitors, investment bankers, institutional and non-institutional landlords). Real Estate Investment Trust knowledge. Knowledge of open/closed end funds a plus. Ability to juggle competing priorities and work under pressure to meet demanding response times, all while paying strict attention to detail.
Strong organizational and prioritization skills. 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 and Argus.
Travel: 40% - 50%, project dependent. About the Company Manulife/John Hancock's Investment Division manages the Company's General Fund, on-balance sheet assets and through Manulife Asset Management, manages assets for institutional clients and investment funds in key markets around the world. The Division manages a broad range of investments including public and private bonds, public and private equities, mortgages, real estate, oil and gas, infrastructure, timberland, farmland and asset allocation strategies.
The Division has physical presence in key international financial centers, including the United States, Canada, Hong Kong, Japan, the United Kingdom, Australia and throughout South East Asia. Manulife Asset Management also provides investment management services to affiliates' retail clients through product offerings of Manulife and John Hancock. About John Hancock Financial and Manulife John Hancock Financial is a division of Manulife, a leading Canada-based financial services group with principal operations in Asia, Canada and the United States.
Operating as Manulife in Canada and Asia, and primarily as John Hancock in the United States, our group of companies offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Assets under management and administration by Manulife and its subsidiaries were C$888 billion (US$663 billion) as at September 30, 2015. Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK.
Manulife can be found on the Internet at manulife.com. The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers and administers a broad range of financial products, including life insurance, annuities, investments, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance.
Additional information about John Hancock may be found at johnhancock.com Agency submissions and contacts are by invitation only and must be initiated by John Hancock's Recruiting Department only. Unsolicited agency submissions will not be honored. JOHN HANCOCK IS AN EQUAL OPPORTUNITY EMPLOYER - AA/F/M/D/V LI-JH SDL2017
9 days 3 hours ago
applyDirector, Asset Management- Mid West Region John Hancock. - Chicago, IL, United States
we continue our tradition as a well established financial services leader by operating as the U.S. unit of Manulife Financial, a leading Canadian-based financial services group serving the financial needs of millions of customers in 22 countries and territories worldwide. Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK.
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