Job Description: Employer: DWS Group Title: Head of Asset & Risk Management - Real Estate Debt Location: New York Job Code: #LI-LV2 #LI-04 About DWS: Today, markets face a whole new set of pressures - but also a whole lot of opportunity too. Join us at DWS, and you can be part of an industry-leading firm with a global presence.
Team / division overview The Real Estate division of DWS is a full-service Real Estate manager with approximately EUR 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.
Role Details As the Head of Asset Management for Real Estate Debt, you will be responsible for:
- Primary point of contact for overseeing the management and performance of Real Estate debt assets, ensuring alignment with investment strategies and risk tolerance
- Developing and implementing strategies to maximize returns while effectively managing risks associated with Real Estate debt investments
- Overseeing the Asset and Risk management of the Real Estate debt portfolio
- Taking the lead in developing and implementing an appropriate and robust risk rating framework and working with risk management to develop portfolio stress testing
- Developing post-closing loan surveillance processes, to include monthly, quarterly and annual reporting
- Primarily responsible for watchlist oversight with focus on early detection of loan issues
- Maintain closing and due diligence checklists for all closings. Review and approval of all loan closing legal documentation
- Structure all loan modifications, or workouts. Modify, extend, renew and/or workout loans as applicable, with the approval of the Investment Committee, as applicable
We are looking for:
- Extensive experience of asset management across commercial Real Estate Debt covering a variety of debt instruments and complex holding structures
- Proven track record of effectively managing real estate debt portfolios and mitigating risks to achieve investment objectives
- Excellent analytical skills, with the ability to interpret complex financial data and identify key drivers of investment performance
- Strong leadership and communication skills, with the ability to influence stakeholders and drive results in a dynamic environment.
- Strong initiative and ability to work independently and exercise good judgement
- Experience working with multiple parties, debt instruments and confident in addressing legal, tax, accounting and financial issues within the commercial Real Estate sector
- Educated to degree level in a Finance related discipline from an accredited college or university (or equivalent) or an acceptable level of industry experience
What we'll offer you: At DWS we're serious about diversity, equity and creating an inclusive culture where colleagues can be themselves.
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
- Family friendly benefits including generous parental leave packages
- The opportunity to support our CSR strategy
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.#J-18808-Ljbffr