Real Estate Portfolio Manager

Position Overview

About DWS:

DWS Group (DWS) is one of the world's leading asset managers with EUR 833bn of assets under management (as of 30 September 2022). Building on more than 60 years of experience, DWS 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.

About The Portfolio Management Team

As a member of the Portfolio Management Team supporting one of our Funds or Separately Managed Accounts (SMA), you will assist the lead portfolio manager in managing assets across the multi-family, industrial, office, and retail sectors. You will also work in collaboration with other internal groups including acquisitions, asset management, research, and development as required.

DWS’s US Real Estate business has national presence with diverse asset classes. You may assist one or more Lead portfolio managers managing one or more funds or SMA’s.

Your Key Responsibilities:

• Conduct fund and property level analyses, including but not limited to major leases and capital expenditures
• Produce portfolio level strategic investment plan on an annual basis
• Manage quarterly internal valuation and external appraisal process
• Provide routine updates to senior professionals, investment committee and investors
• Participate in the ongoing implementation and execution of the property level business plans by working closely with 15-20 asset managers to manage and optimize the existing asset portfolio
• Provide oversight to a team of 7-10 analysts and associates that have dual reporting roles to portfolio and asset management
• Track and evaluate property performance. Collaborate with asset managers, joint venture partners, third-party property managers and brokerage teams to adapt and optimize business plans.
• Review and approve annual operating budgets in collaboration with asset managers

Your Skills & Experience:

• Experience in all asset classes a plus
• Minimum of 7 years of experience
• Excellent interpersonal skills in a team-oriented environment
• Familiarity with industry benchmarks NPI and ODCE a plus
• Strong analytical skills and attention to detail
• Ability to multi-task and manage multiple priorities
• Strong written and oral communication skills
• Strong industry relationships and connections
• Undergraduate Degree
• Highly proficient in Microsoft Excel and Argus

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 centre. You can expect:

• Work/Life Balance Programs including Adoption/Surrogacy/Infertility Assistance, Backup Care through Bright Horizons, Phase Back to Work and Support for New Mothers
• Competitive Salary and Matched 401K Savings Plan
• Health and Life Insurance Plans for you and your family
• 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
• A range of flexible benefits including Retail Discounts, Commuter Discounts and Gym benefits
• Generous Paid Time Away plus Bank Holidays

How we’ll support you:

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• Flexible working to assist you balance your personal priorities

Expectations

It is DWS’s expectation that employees hired into this role will work in one of our offices 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 New York City and California is $150,000 to $205,000. 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 .