Real Estate Portfolio Manager

Employer:             DWS Group

Title:                      Real Estate Portfolio Manager

Location:               New York

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.

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.

Team / division overview

The Real Estate division of DWS is a full-service Real Estate manager with approximately $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, financings, asset management and disposition of Real Estate assets across the US, which are to be acquired by a wide range of funds and clients of the DWS platform. The East Coast team works on diverse tasks across various Real Estate asset classes such as office, industrial, retail, and residential schemes.

Role Details

As a Portfolio Manager you will be responsible for:

• Establishing a good working relationship with existing and new clients to develop both single asset and multi-asset investment programmes/funds/SMAs
• Analysing investment opportunities through market research, in depth financial analysis, and complex financial modelling
• Liaising with transaction teams to create investment pipelines and supporting investment underwriting, due diligence processes, structuring, financing, and closing
• Contributing at investment committee meetings as well as board meetings of the investment vehicles
• Managing the selection and appointment of external fund valuers and other third-party services required in the portfolio management of assets and investment programmes
• Working with the broader portfolio management team in holding oversight of regulatory requirements and investor reporting
• Managing and coordinating clients’ audits involving relevant internal teams as required e.g. governance, compliance and asset management
• Supporting and promoting the DWS real estate business’ Environmental & Social Governance (ESG) objectives in particular the preparation of annual fund sustainability plans

We are looking for:

• Proven Commercial Real Estate experience across in either Private Equity, Transaction Advisory or Portfolio Management
• Experience of managing relationships with a complex client base, to help retention of existing and growth of new clients
• Experience of effectively managing risk controls within an investments environment, with sound experience around the fiduciary duty of care and diligence
• Good understanding of accounting and experience in financial analysis and modelling with advanced Excel skills
• Ability to work in teams, under pressure, within tight deadlines, and with multiple projects simultaneously
• Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
• Effective in managing multi-disciplinary external teams
• Strong organisational skills with the ability to prioritise competing demands
• Educated to degree level within a related financial subject or with relevant professional 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 is $122,000 to $208,000.  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. Click here to view DWS’ Privacy Notice.

We at DWS are committed to creating a diverse and inclusive workplace, one that embraces dialogue and diverse views, and treats everyone fairly to drive a high-performance culture. The value we create for our clients and investors is based on our ability to bring together various perspectives from all over the world and from different backgrounds. It is our experience that teams perform better and deliver improved outcomes when they are able to incorporate a wide range of perspectives. We call this #ConnectingTheDots.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.