Deputy Director of Real Estate Investments - Equitable : Job Details

Deputy Director of Real Estate Investments

At Equitable, our power is in our people. We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?

We are seeking a highly motivated and experienced investment professional to join the General Account (“GA”) Investment team to assist the Head of Real Estate Investments in the management of assets totaling $18 billion consisting of US and European commercial mortgages, agricultural mortgages, CRE fund investments, real estate private equity and owned real estate.

Responsibilities and Duties include, but are not limited to:

• Assist in the oversight of CML asset managers with over forty originators and asset managers: AXA IM, AllianceBernstein (US and European CML) and Equitable Agribusiness
• Assist in the investment process including income enhancement investment programs and strategies that comport with the objectives of the General Account. Monitor investment performance, and asset management including acquisition, disposition and restructures
• Constructively challenge and collaborate with internal and external asset managers' specialist teams
• Maintain constructive and effective relationships with the investment community, as well as, internal and external legal counsel
• Manage/monitor progress against agreed upon investment program targets, particularly the Investment Plans
• Monitor and implement regulatory requirements pro-actively in order to anticipate possible impacts on the existing strategies (CECL)
• Equity Real Estate: Assist in the evaluation and disposition of REO assets

In Office Schedule: This position will be working in office a minimum of 3 days per week.

The total targeted compensation range for this position is $300,000-$400,000. Total compensation varies based on skills, experience, geographical location and other factors.

For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off.

Required Qualifications:

• Bachelors Degree
• 15+ years experience in Real Estate
• Proficient in all aspects of real estate markets and investments and accounting
• Ability to drive deal-level, tactical and strategic investment recommendations
• Ability to effectively direct external portfolio managers

Preferred Qualifications:

• MBA and/or CFA
• Experience in Commercial Mortgage Loan Origination

Skills

Business Acumen: Knowledge of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business; ability to apply this knowledge appropriately to diverse situations.

Effective Communications: Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.

Investment Performance Measurement: Knowledge of investment performance measurement; ability to utilize a variety of methods to measure the investment performance on a particular portfolio against industry benchmarks and related parameters.

Organizational Governance: Knowledge of the processes, customs, policies, and rules affecting the way the organization is administered and controlled; ability to ensure compliance with governance guidelines and policies.

Portfolio Management: Knowledge of investment portfolios; ability to utilize relevant tools and techniques in managing clients' securities investments.

Diversity, Equity and Inclusion: Demonstrates a commitment to Diversity, Equity and Inclusion by treating everyone with respect and dignity, ensuring all voices are heard and advocating for change.