Real Estate Portfolio Manager - Flagship Fund

| | | | --- | --- | | **Job ID:**R0251554 | Listed: 2023-02-02 | | Regular/Temporary: Regular | | Location: San Francisco |

Position Overview

About DWS:

DWS Group (DWS) is one of the world's leading asset managers with EUR 833bn of assets under management (as of 30 September 2022). Building on more than 60 years of experience, DWS has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.

We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.

DWS wants to innovate and shape the future of investing: with approximately 3,900 employees in offices all over the world, we are local while being one global team. We are investors – entrusted to build the best foundation for our clients’ future.

About the Portfolio Management Team

As a member of the Portfolio Management Team for the US Core Flagship Real Estate Fund, you will manage assets across the multi-family, industrial, office, and retail sectors. You will also work in collaboration with other internal groups including acquisitions, asset management, research, and development as required.

Flagship core fund, is top 5 amongst the ODCE, with over $20 billion in assets, 120+properties and 300+ investors. National presence with diverse asset classes. Join a team of four dedicated portfolio managers.

Your Key Responsibilities:

• Manage quarterly internal and external valuation process

• Conduct fund and property level analyses

• Participate in the ongoing implementation and execution of the property level business plans by working closely with 9-12 asset managers to manage and optimize the existing asset portfolio

• Track and evaluate property performance. Collaborate with asset managers, contract managers and brokerage teams to adapt and optimize business plans.  

• Provide routine updates to senior professionals, investment committee and board of directors

• Manage Analyst/Associate pool (6 direct reports) – hire, onboard and facilitate training for new hires, conduct performance evaluations, and manage asset allocations (NYC ONLY)

Your Skills & Experience:

• Minimum of 7 years of experience

• Familiarity with industry benchmarks and NPI-ODCE Funds a plus

• Undergraduate Degree

• Strong written and oral communication skills

• Excellent interpersonal skills in a team-oriented environment

• Highly proficient in Microsoft Excel and Argus

• Strong analytical skills and attention to detail

• Experience in all asset classes a plus

• Ability to multi-task and manage multiple priorities

• Strong industry relationships and connections

What we’ll offer you:

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.  You can expect:

• Competitive Salary and Matched 401K Savings Plan

• Generous Paid Time Away plus Bank Holidays

• Health and Life Insurance Plans for you and your family

• Work/Life Balance Programs including Adoption/Surrogacy/Infertility Assistance, Backup Care through Bright Horizons, Phase Back to Work and Support for New Mothers

• A range of flexible benefits including Retail Discounts, Commuter Discounts and Gym benefits

• The opportunity to support wide-ranging volunteer programs, + 1 day volunteering leave per year, matched personal donations to non-profit organizations dollar-for-dollar, up to $5,000

How we’ll support you:

• Training and development to help you excel in your career

• Flexible working to assist you balance your personal priorities

• Coaching and support from experts in your team

Expectations

It is DWS’s expectation that employees hired into this role will work in one of our offices in accordance with the firm’s hybrid working model. 

DWS provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City and California is $150,000 to $205,000.  Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education and other qualifications.  Posted salary ranges do not include incentive compensation or any other type of remuneration.

DWS Values & Diversity

We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.

Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision

Privacy Statement

The California Consumer Privacy Act outlines how companies can use personal information. Click here to view DWS’ Privacy Notice.

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Click here to find out more about diversity and inclusion.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: "EEO is the Law poster" and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.