VP, CRE Equity Asset Manager

PIMCO; New York (NY); On-site; USD 200,000 - 240,000; Full time

Job summary

An established industry player in fixed income is seeking a Vice President to lead their US Commercial Real Estate team. This role involves managing a diverse portfolio of equity investments, ensuring maximum returns while collaborating with cross-functional teams. The ideal candidate will have over a decade of experience in asset management, strong leadership capabilities, and a deep understanding of real estate markets. Join a high-performance culture that values collaboration and innovation, where your contributions will have a significant impact on the organization's success and client satisfaction. This is an exciting opportunity to shape the future of real estate investments in a dynamic environment.

Qualifications

• 10+ years of asset management experience at an institutional investment firm.
• Strong analytical and due diligence skills required.

Responsibilities

• Manage a portfolio of equity investments to maximize value.
• Develop and oversee asset level business plans and reporting.

Skills

Asset Management

Leadership

Analytical Skills

Due Diligence

Communication Skills

Real Estate Knowledge

Portfolio Management

Education

Bachelor's Degree in Business Administration

Master's Degree

Job description

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

Working closely with the US Commercial Real Estate team, the Vice President will provide leadership across all phases of a transaction. The key responsibility of this hire will be to maximize returns on the investment portfolio, ensuring that assets reach their full potential before disposition.

Providing drive and leadership, the individual must communicate frequently with other members of the real estate team to capitalize on group synergies and to ensure decisions are consistent with the overall investment thesis.

Key Responsibilities:

• Proactively manage a portfolio of equity investments to create maximum value.
• Approve and oversee execution on asset level business plans.
• Manage operating and joint venture relationships.
• Develop and review refinancing strategies in conjunction with finance professionals.
• Participate in acquisitions to assist in underwriting and transition activities to asset management.
• Manage reporting information to external parties (clients, consultants).
• Assist in refining best-in-class asset management policies and procedures.

Qualifications:

• A college degree in business administration, real estate, finance, or related field preferred. Masters' degree is a plus.
• 10 + years of asset management experience at institutional investment firm, ideally at the opportunistic end of the risk return spectrum.
• Private equity, debt funds and operating company experience preferred.
• Experience across all asset classes, ideally including office, retail, apartments and industrial.
• Proven leadership skills working across cross-functional teams (internal/external constituencies).
• Strong due diligence and analytical skills.
• Driven, energetic, well-organized, good administrative skills, attention to detail.
• Poised, articulate, effective presentation skills, both written and oral.

PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance.

Salary Range: $ 200,000.00 - $ 240,000.00

Equal Employment Opportunity and Affirmative Action Statement

PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.

Applicants with Disabilities

PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.