DWS Group (DWS) is one of the world's leading asset managers. Building on more than 60 years of experience, it 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.
Overview
The retail Asset Manager's (AM) primary role is to add value to our clients' retail real estate assets by providing best in class asset management services. AM's will be responsible for a portfolio of 10 to 12 retail assets (depending on complexity) and will be experts in their respective property markets.
Your Key Responsibilities:
Hire, oversee, and direct leasing and property management services for each asset.
Negotiate significant leases and oversee every aspect of the leasing process.
Continuously review portfolio for opportunities to add value through renovation, expansion or repositioning of the asset.
Understand competitive positioning relative to rents, lease terms and overall occupancy, and the means to maintain a competitive edge.
Monitor market trends in value, cost and supply/demand fundamentals and evaluate hold/sell as needed.
Develop leasing and capital investment strategies (including ESG initiatives), along with income/expense budgets for each asset. Present annual plans to Portfolio Managers as required and present Investment Committee Memos related to property-specific capital investments to Investment Committee.
Prepare quarterly reports that present property performance along with progress on strategic initiatives.
Bottom line responsibility for asset performance.
Responsible and accountable for the accuracy of NOI, capital and cash projections.
Ensure loan compliance
Review and comment on property valuations including assumptions, growth and metrics.
Review and evaluate monthly, quarterly and annual reports.
Your Skills & Experience:
7-10 years prior retail real estate experience
College degree in Business Administration, MBA preferred
Skilled in leasing, property operations, project management, accounting and reporting with ability to understand financial statements, investment pro-formas, IRR and NPV calculations and analysis
Successful record of accomplishment in the execution of strategies to achieve results and effectively manage risk
Highly developed interpersonal, presentation and communication skills
Strong business and financial acumen, with excellent organizational, problem solving, influencing and negotiating skills
Ability to travel
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 the office 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 California is $106,500-$195,000. 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.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
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 .
