Senior Asset Manager (m/f/d)

Job Level:  Professional
Location: 

Frankfurt, DE, 60325

Area of Expertise:  Asset & Investment Management
Unit:  PIMCO Prime Real Estate
Employing Entity:  PIMCO Prime Real Estate GmbH
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  61078
Position Cluster:  n.a.

PIMCO Prime is looking for an experienced Real Estate Asset Management professional (m/f/d) to join its team in Frankfurt. The person will be responsible for leasing, interacting with partners, the financial and ESG performance of a property portfolio, creating and implementing business plans for existing investments as well as preparing and presenting strategic recommendations for Investment Committees. The individual will look after asset management activities across all asset classes; build constructive relationships with our partners, support the European team with know-how and works closely with the Head of Asset Management.

 

The role is based in Frankfurt. The applicant can be expected to be involved in all varying stages of the investment cycle.

 

Key Responsibilities

  • Full asset responsability for a dedicated portfolio including financial and ESG performance
  • Work closely with third party service providers and (joint venture) partners (including property and asset managers, leasing and investment agents, brokers, architecs etc.) driving their performance
  • Coordination, monitoring and control of involved internal and external parties
  • Running budget/actual comparisons
  • Take a leading role in the creation of the annual business planning for the responsible properties and align on the joint venture business plans
  • Take the lead in lease negotiations including internal lease approval process
  • Development of action strategies and options (including repositioning) taking account of market and life cycle and investor-specific investment strategies in agreement with other departments
  • Commercial support in course of the purchase, sale process and/or other events in an asset life cycle. Work closely with investment team in order to ensure good practices and latest knowledge are included in a “Buy Manage Sell” process; support preparing hold /sell analysis papers, refinancing and other relevant documents for the Investment Committee 
  • Creation and control of the decision models for committees and sponsors                   
  • Ongoing contract and process optimisation for the supported portfolio  
  • Responsible control of all relevant processes in the life cycle of the supported properties including development of return and performance objectives   
  • Support for the further development of Analysts, Associates and AMs                             
  • Become an expert in internal systems, tools and schedules in order to deliver product on time and as per local or investment requirements      

 

Key Requirements

  • University degree with strong academic background, with additional training in real estate management as a plus
  • At least 6 years’ professional experience in a comparable position
  • Very good knowledge of MS Office and Inventory-managing systems (Argus, SAP, Filenet)
  • Support innovation and digitalization initiatives
  • Strong spoken and written English skills
  • Very good negotiating skills
  • Very good financial modelling, communication and presentation skills
  • Strong ability to work in a team
  • Above-average commitment and persistence in carrying out projects and tasks in a highly transformational environment
  • Sound knowledge of the relevant property markets and contacts in the relevant markets
  • Willingness to travel

                                                           

Other Desired Attributes

  • Professional and positive attitude
  • Cultural fit
  • Commercial acumen
  • Confident decision making and ability to be proactive
  • Ability to effectively operate in a cross-cultural environment

 

Benefits

  • Onboarding: A mentor, a buddy program and a global welcome event will help you getting started.
  • Learning: A large portfolio of continuous learning opportunities will help you staying relevant in your current role and growing into future workplace demands.
  • Working place: An open and international working environment with a diverse and inclusive culture will inspire your everyday work. A working model which balances remote and office based work will give you the flexibility to organize the way you work.
  • Benefits: A company pension scheme, well-being initiatives, sports offers and other local benefits will allow you achieving a positive work life balance.

 

A leading global real estate investor and manager, PIMCO Prime Real Estate is a PIMCO company and part of the PIMCO real estate platform, focusing on the Core and Core+ segments of the market and managing the Allianz Group’s $90B real estate mandate. We manage a global investment portfolio of $95B AUM, with an international team of c. 500 employees working in 16 offices in Belgium, China, France, Germany, Italy, Japan, Singapore, Spain, Sweden, the UK and the U.S. PIMCO’s real estate platform is one of the largest and most diversified in the world, with over $187B in assets and a broad set of solutions that leverage decades of expertise across public and private equity and debt markets.

 

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. 
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Great to have you on board. Let's care for tomorrow.