Head of Asset & Risk Management - Real Estate Debt
New York, NY 
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Posted 14 days ago
Job Description
Job Description:

Employer: DWS Group

Title: Head of Asset & Risk Management - Real Estate Debt

Location: New York

Job Code: #LI-LV2 #LI-04

About DWS:

Today, markets face a whole new set of pressures - but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.

Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.

We're looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That's why we are 'Investors for a new now'.

As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients' financial future. And in return, we'll give you the support and platform to develop new skills, make an impact and work alongside some of the industry's greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.

This is your chance to invest in your future.

Read more about DWS and who we are

Team / division overview

The Real Estate division of DWS is a full-service Real Estate manager with approximately EUR 60 billion AUM globally. DWS Real Estate acquires and manages investments in individual assets or Real Estate portfolios on behalf of funds and separate accounts.

The US Real Estate franchise is responsible for the origination, acquisition, asset management and disposition of Real Estate assets across the US for both Debt and Equity strategies. The team works on diverse tasks across various Real Estate asset classes such as office, industrial, retail, logistics, hotels and residential schemes.

Role Details

As the Head of Asset Management for Real Estate Debt, you will be responsible for:

  • Primary point of contact for overseeing the management and performance of Real Estate debt assets, ensuring alignment with investment strategies and risk tolerance

  • Developing and implementing strategies to maximize returns while effectively managing risks associated with Real Estate debt investments

  • Overseeing the Asset and Risk management of the Real Estate debt portfolio

  • Taking the lead in developing and implementing an appropriate and robust risk rating framework and working with risk management to develop portfolio stress testing

  • Developing post-closing loan surveillance processes, to include monthly, quarterly and annual reporting

  • Primarily responsible for watchlist oversight with focus on early detection of loan issues

  • Maintain closing and due diligence checklists for all closings. Review and approval of all loan closing legal documentation

  • Structure all loan modifications, or workouts. Modify, extend, renew and/or workout loans as applicable, with the approval the Investment Committee, as applicable

We are looking for:

  • Extensive experience of asset management across commercial Real Estate Debt covering a variety of debt instruments and complex holding structures

  • Proven track record of effectively managing real estate debt portfolios and mitigating risks to achieve investment objectives

  • Excellent analytical skills, with the ability to interpret complex financial data and identify key drivers of investment performance

  • Strong leadership and communication skills, with the ability to influence stakeholders and drive results in a dynamic environment.

  • Strong initiative and ability to work independently and exercise good judgement

  • Experience working with multiple parties, debt instruments and confident in addressing legal, tax, accounting and financial issues within the commercial Real Estate sector

  • Educated to degree level in a Finance related discipline from an accredited college or university (or equivalent) or an acceptable level of industry experience

What we'll offer you:

At DWS we're serious about diversity, equity and creating an inclusive culture where colleagues can be themselves sand it's important to us that you enjoy coming to work - feeling healthy, happy and rewarded. At DWS, you'll have access to a range of benefits which you can choose from to create a personalised plan unique to your lifestyle. Whether you're interested in healthcare, company perks, or are thinking about your retirement plan, there's something for everyone.

The salary range for this position in New York City is $256,000 - $512,000. 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.

Some of our core benefits:

  • Competitive Salary and Matched 401K Savings Plan

  • Generous Paid Time Away plus Bank Holidays

  • Physical and Mental Health Well-Being benefits including (but not limited to) Health & Life Insurance Plans and the support of trained Mental Health First Aiders

  • Family friendly benefits including generous parental leave packages (supporting all variations of family set-ups), to healthcare plans and travel insurance

  • The opportunity to support our CSR strategy which is focused on combatting climate change & achieving greater social justice. You can make donations to our partnered organisations or take part in corporate volunteering opportunities in your local communities by providing on hand support.

DWS' Hybrid Working model is designed to find the right balance between in-person collaboration and engagement in the office, which is core to our working culture, and working from home. Each business group varies on the split between time spent in the office and at home, but this will be discussed and made clear as part of your application and interview process. We will continue to review and evolve our working environments and methods to ensure that we are working in the best way possible for our people.

If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let them know what assistance you may need. Examples of adjustments include providing a change to the format of the interview, or providing assistance when at the DWS office. This will not affect your application and your recruitment team will discuss options with you.

Privacy Statement

The California Consumer Privacy Act outlines how companies can use personal information. Clickto 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.

Visitto 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.


Deutsche Bank is an Equal Opportunity Employer - Veterans/Disabled and other protected categories.

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
Open
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