Associate Portfolio Manager

JLL

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profile Job Location:

Gurgaon - India

profile Monthly Salary: Not Disclosed
Posted on: 9 hours ago
Vacancies: 1 Vacancy

Job Summary

JLL empowers you to shape a brighter way.

Our people at JLL are shaping the future of real estate for a better world by combining world class services advisory and technology for our clients. We are committed to hiring the best most talented peopleand empowering them tothrive grow meaningful careers and to find a place where they belong. Whether youve got deep experience in commercial real estate skilled trades or technology or youre looking to apply your relevant experience to a new industry join our team as we help shape a brighter way forward.

What this job involves:


Manage RE Portfolioacross the APAC region:


The position will be part of the team that manages the real estate portfolio of leading clients. The candidate will work with our clients as well as account leads to monitor and mitigate portfolio risk enhance governance provide consistency and efficiencies while proactively building portfolio strategies to optimize portfolios and reduce costs. The candidate will need to leverage internal JLL resources and tools to introduce and integrate best market practices; work closely with internal external and service provider teams to assemble relevant data and information; and interact with internal and external stakeholders to solicit their feedback to refine and finalize the strategies and develop portfolio strategies across the regions.

Paradigm of portfolio strategies are:

Scenario or Metro plans as relevant for a city or combination of cities to identify opportunities for portfolio rationalization in view of intrinsic business and extrinsic market factors.

Lease vs own recommendations for an asset or a portfolio of assets

The candidate needs to work with local brokers to help our clients define space requirements identify suitable alternatives recommend appropriate occupancy solutions and negotiate contract terms on their behalf all guided by data and analytics to provide relevant insights. Prepare a critical lease events tracker and initiate projects on time through the JLL Account lead. Follow a strict process to carry out a lease transaction or exit. Prepare all materials required in the transaction process not limited to appointment letters; market comparable reports; notices under the lease; letters of offer; financials; client business cases close out reports in liaison with JLL Account lead.

Prepare rent budgets and stay versus go analysis using a cash flow and NPV (net present value) approach. Maintain transaction information and evidence of compliance to the transaction process within JLL and client reporting systems. Regularly communicate status of all active transactions per an agreed cadence and forum. Review lease agreements and ensure inclusion of all standard clauses identified and/or approved by the client i.e. JLL Account lead. Verify any stamp duty registration charge and coordinate registration. Complete transaction close outs and assess performance against pre agreed success measures such as savings cycle time compliance adherence quality of deliverables. Support the JLL Account lead on all regional reporting. Prepare commission forecasts for all JLL appointed transactions. May be required to present recommendations to client stakeholders.

Cost optimization opportunity assessment in view of business strategies and operations.

Performance Objectives:

Collaborate with Clients Real Estate Leads to understand the long- and short- term business and portfolio goals and identify opportunities and risks (portfolio operational and financial .) to maximize performance and outcomes.

Accountable for a mixed asset portfolio with Fortune 500 clients the successful candidate will develop their knowledge of multi country real estate and market practices. Interacting with JLL local expertise account and regional leadership this role entails lease event monitoring comparing lease terms to market development of negotiation strategies and (reporting into the JLL Account lead) then managing a process to either renew leases conduct rent reviews or exit sites.

Teamwork:

The role will require a large amount of coordination with the different teams within JLL as well as working with the different teams of the client to coordinate and deliver together. It will also at times leading and leveraging JLL Indias 3X platforms to deliver clients requirements with the other members of the larger JLL platform that services the client.

Research and Analytics:

You will also focus on related goals aimed at improving the overall approach in financial reporting and market analysis by conceptualizing best-in-class frameworks and analytics for the client. This will include though not limited to the following:

  • Provide portfolio optimization strategies to the client.

  • Update the client on the real estate market (e.g. supply-demand) changes impacting its portfolio.

  • Highlight real estate benchmarking data/analysis that could impact the risk profile of the client.

Client and Competitor Intelligence

Periodically as part of the reporting carried out for the client you will be expected to leverage off the JLL system to educate the client on the latest information regarding the clients competitors as well as the new and recent trends in the real estate industry.

Winning our clients trust

Asone of the regional coordinators youll be working frequently with clients so youll need to build strong relationships with youllneed to be proactive and engaging; and make sure that the clients expectations are meteach and will also bethe go-to person for anyreporting-relatedconcerns.

Sound like you To apply you need to be:

Being Analytical

Along with portfolio management the role will have the responsibility of incorporating Strategic thought processes that are vital in processing and analyzing data in order to reach key conclusions

This will include though not limited to the following:

  • Analyze and implement the use of technology and automation for portfolio performance.

  • Proactively engage with various client teams for risk mitigation & resolution of operational & strategic issues.

Key Skills

  • Transaction Management

  • Portfolio Strategy

  • Advanced Financial Literacy and Analysis

  • Presentation and report deliverable development (PowerPoint etc)

Meticulous

You must pay attention to detail and have excellent problem-solving skills well organised ability to prioritize work within tight operational and financial deadline. We are the delivery arm for the client and they depend on us ensuring we are infallible.

Qualifications

You will require to have a post graduate degree in Real Estate with at least 4 years of work experience While real estate portfolio/transaction management exposure is preferred it is the ability and experience in establishing deep client connect / relationship management and proven ability to deliver regular out-of-the box solutions is an essential skill requirement for this role. Fluency in spoken and written English is essential.

An eye for detail and emotional intelligence to personality-manage clients in different cultures and geographies will be a differentiator for this role. High Proficiency in MS excel skills with grip on financial variables for developing a business paper and an ability to appropriately articulate messaging along with conflict resolution with multiple real estate stakeholders are necessary capability requirements.

What we can do for you:

At JLL we make sure that you become the best version of yourself by helping you realise your full potential in an entrepreneurial and inclusive work environment. We will empower your ambitions through our dedicated Total Rewards Program competitive pay and benefits package.

Apply today!

Location:

On-site Gurugram HR

Scheduled Weekly Hours:

40

If this job description resonates with you we encourage you to apply even if you dont meet all of the requirements. Were interested in getting to know you and what you bring to the table!

At JLL we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities we analyze your application for relevant skills experiences and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role yourepursuing.

JLL Privacy Notice

Jones Lang LaSalle (JLL) together with its subsidiaries and affiliates is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLLs recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.

For more information about how JLL processes your personal data please view our Candidate Privacy Statement.

For additional details please see our career site pages for each country.

Jones Lang LaSalle (JLL) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process including the online application and/or overall selection process you may email us at . This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.


Required Experience:

Manager

JLL empowers you to shape a brighter way.Our people at JLL are shaping the future of real estate for a better world by combining world class services advisory and technology for our clients. We are committed to hiring the best most talented peopleand empowering them tothrive grow meaningful careers ...
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Provides business consulting; investment banking services including corporate finance and investment advisory on mergers and acquisitions; asset management services including fund, portfolio and wealth management; real estate property management and brokerage services.

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