Asset Management Real Estate Multi-Family Asset Management (West Coast) Vice President

J.P. Morgan Asset Management the worlds third-largest alternatives manager offers a 40-year legacy of innovative solutions across market cycles. Our specialized teams supported by J.P. Morgans global resources deliver alternative strategies aimed at achieving specific client outcomes and uncorrelated returns. We provide tailored portfolios across the alternative investment spectrum including real estate private equity credit infrastructure and hedge funds.

Role Summary

As an Vice President on the West Region Asset Management team you will primarily be responsible for asset managing an existing portfolio and pipeline of multifamily assets. Day to day responsibilities include managing deal teams including analysts and associates as well as coordinating with internal (valuations engineering research) and external (investors legal brokers property management and various consultants) teams.

Job Responsibilities

• Cultivate a network of partners brokerage contacts and third-party operators to source intelligence and strengthen go-to-market decisions.
• Conduct as-needed property tours to benchmark physical upkeep team effectiveness and market positioning; translate findings into actionable guidance.
• Own monthly P&L reviews diagnosing outliers and aligning stakeholders on targeted interventions to restore plan performance.
• Track and interpret market drivers across assigned geographiesdemographics competitive landscape pipeline supply and demand signalsto anticipate risks and opportunities.
• Assist acquisitions team with sourcing and underwriting new acquisitions in assigned markets. Perform due diligence to prepare acquisitions for closing
• Build internal consensus on valuations and transactions through proactive communication with all constituencies including the CIO portfolio management acquisitions research valuations financial debt capital markets development/engineering and legal/compliance
• Lead transaction negotiation and documentation of leasing capital and asset dispositions. Negotiate with a focus on creating value while also identifying and mitigating risk
• Exhibit leadership in partnering with other internal teams and in developing junior team members. You will consistently strive to gain the confidence of senior team members including portfolio managers and senior acquisitions officers. The candidate will also proactively seek ways to expand Real Estate Americas impact across the company
• Create and review financial models for investment valuations using Argus and Excel
• Utilize market research and market data to support valuation and investment decisions. Calculate and review partner promote structures and waterfall distributions
• Actively participate in the market including industry events; partner broker tenant and prospect meetings; and market and competitive set tours
• Create and review investment committee presentations for dispositions or major capital recommendations
• Proactively provide oversight of property management to position the property to match the business strategy

Required qualifications capabilities and skills

• 6 years of asset management experience and/or 10 years of operations experience with a focus and passion for the multifamily sector required
• Data driven and detailed oriented
• Experience mentoring and training junior associates and analysts
• Exceptional relationship building and negotiation skills

• Understanding of fundamental real estate economics and finance principles

• Strong written and communication skills
• Proactive and creative mindset

Preferred qualifications capabilities and skills

• ARGUS and excel proficiency
• Experience with RealPage pricing tools and Yardi
• Experience with negotiating and managing commercial leasing (primarily ground-floor retail)

This position is subject to Section 19 of the Federal Deposit Insurance Act. As such an employment offer for this position is contingent on JPMorganChases review of criminal conviction history including pretrial diversions or program entries.