Senior Director, Investment Manager

Company: NAIOP SoCal
Location: San Francisco
Posted on: November 13, 2024

Job Description:

InvescoSenior Director, Investment ManagementLocation(s): San Francisco, CaliforniaTime Type: Full timePosted: 30+ Days AgoJob Requisition ID: R-5844As one of the world's leading asset managers, Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world.If you're looking for challenging work, smart colleagues, and a global employer with a social conscience, come explore your potential at Invesco. Make a difference every day!Job Description: The Senior Director position is based in San Francisco and will be responsible for direct oversight of all aspects of investment management for a broad portfolio of high-quality commercial assets within the Northern California and Pacific Northwest regions. As a member of the commercial investment management team, the Senior Director is tasked with driving outperformance for their assets under management, identifying and capitalizing on opportunities to create value, and developing and sharing best practices. The role is intended to allow for talented and motivated individuals to work with limited oversight and ultimately serve as a key resource within the assigned region. The Senior Director will create new and leverage existing industry relationships and represent INVESCO Real Estate in the market through interaction with both partners and peers.Key Responsibilities / Duties:

• Drive investment strategy, value creation and outperformance through direct oversight of property operations, leasing and capital deployment.
• Measure and monitor asset performance against a variety of benchmarks including client objectives, pro-forma metrics, budget and market comparables.
• Develop and effectuate annual business plans through actively overseeing property management, leasing, accounting, legal, appraisal, tax, research personnel as well as third-party consultants.
• Maintain open and effective lines of communication with Portfolio Management regarding management of their investments including the physical, financial, and leasing performance.
• Work collaboratively with JV partners and service providers while best serving INVESCO's interests.
• Perform regular market visits and property inspections for assigned assets; travel required.
• Actively engage in the appraisal and internal valuation process to ensure accurate and timely feedback.
• Support the broader INVESCO platform on potential new acquisitions and dispositions; collaboratively work with transactions, dispositions, engineering and closing groups on investment execution and due diligence.
• Review and approve the various documents pertaining to operating and marketing the assets, including management agreements, leasing agreements, service contracts, etc.
• Develop and maintain knowledge regarding capital markets activity in the region. Establish credibility as Invesco's regional expert.
• Develop and foster productive working relationships with property management companies, brokers and industry peers.Work Experience / Knowledge:
  • Minimum of 10 years of hands-on commercial asset management and/or development experience.
  • Prior experience, implementing repositioning and redevelopment projects; ability to work collaboratively and effectively with joint venture partners and developers.
  • Broad understanding of the operational and investment fundamentals of institutional real estate.Skills / Other Personal Attributes Required:
    • Strong quantitative analysis skills. Ability to think and act strategically with experience analyzing leasing and investment decisions.
    • Strong negotiation, analytical, written and interpersonal skills are essential. A self-starter with the ability to work independently.
    • Effective organizational and time management skills. Consensus builder possessing the ability to work in a team environment managing projects and influence other investment professionals.
    • High level of integrity.
    • Results oriented.
    • Creative / innovative.
    • High proficiency with Excel and Word. Knowledge of Yardi, Argus, and VTS is a plus.Formal Education: Undergraduate degree is required; advanced degree a plus.The total compensation offered for this position, which includes salary and incentive pay, will vary based on skills, experience and location. The salary range for this position in California is $185,000 to $230,000 annually.Full Time / Part Time:Full timeWorker Type:EmployeeJob Exempt (Yes / No):YesWorkplace Model:At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office.What's in it for you?Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:
      • Flexible paid time off.
      • 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution.
      • Parental Leave benefits.
      • Employee stock purchase plan.The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.Additional InfoJob Type: Full-TimeExperience Level: Mid to Senior LevelContact: Christopher Presley; Christopher.Presley@invesco.com
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Keywords: NAIOP SoCal, Palo Alto , Senior Director, Investment Manager, Executive , San Francisco, California