Senior Asset Manager

MetLife

(San Francisco, California)
Full Time
Job Posting Details
About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the largest life insurance companies in the world. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.
Responsibilities
**Summary of Responsibilities:** Responsible for overseeing the leasing, property management, reporting, valuation and overall accounting for a defined portfolio of commercial investment properties. Properties types include office, retail, multi-family and industrial. On-going responsibilities include overseeing third party property management and leasing teams; developing property business plans, valuations, budgets; and complying with all reporting and accounting requirements. **Principal Responsibilities:** * Budgeting, forecasting and expense management to maximize recurring net income. * Manage leasing and management teams to maximize property performance (income/value). * Evaluate leasing opportunities and negotiate leases. * Negotiate legal documents and contracts. Coordinate and manage various internal/external resources and consultants (i.e., attorneys, environmental, construction). * Develop and implement, through third party property and leasing teams, property level strategies for leasing, operations and capital expenditures. * Support the sales process of designated assets including engaging brokers, evaluating bids, negotiating contracts, managing due diligence and closing. * Support equity acquisition process. Participate in pre-acquisition due diligence. Manage the selection of property management and leasing teams by securing proposals, conducting interviews and preparing management agreements. Manage property transition process by working with internal bank relations, insurance and accounting departments. * Assure timely and accurate financial data. **Dimensions:** * Budget, forecast and manage expenses to maximize recurring net income. * Manage operating and capital budgets to result in certainty of income and consistent with projections, and improving the value of the asset. * Work with leasing and management teams to maximize property performance (income/value). * Create value-add opportunities to increase income and returns.
Ideal Candidate
**Required:** * Bachelor’s Degree. * Ten years of Institutional Commercial Real Estate, Asset Management, Acquisitions, and/or Development experience (or a combination). **Preferred:** * MBA preferred. * In-depth experience in lease negotiation and structuring. * Strong real estate valuation and underwriting skills. * Strong interpersonal (both oral and written) skills. * Strong computer skills including proficiency with Argus, Excel, Word and PowerPoint. * Knowledge of building systems and operations issues. * Ability to take on multiple assignments at the same time each with specific deadlines. * Basic understanding of standard real estate legal document such as leases, joint venture agreements, management agreements and appraisals.

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