Manager, Asset Management, United States

About The Company

Headquartered in Singapore, Mapletree is a global real estate development, investment, capital and property management company committed to sustainability. Its strategic focus is to invest in markets and real estate sectors with good growth potential. By combining its key strengths, the Group has established a track record of award-winning projects, and delivers consistently attractive returns across real estate asset classes.
The Group manages three Singapore-listed real estate investment trusts (“REITs”) and nine private equity real estate funds, which hold a diverse portfolio of assets in Asia Pacific, Europe, the United Kingdom (“UK”) and the United States (“US”). As at 31 March 2024, Mapletree owns and manages S$77.5 billion of office, retail, logistics, industrial, data centre, residential and student accommodation properties.
The Group’s assets are located across 13 markets globally, namely Singapore, Australia, Canada, China, Europe, Hong Kong SAR, India, Japan, Malaysia, South Korea, the UK, the US and Vietnam. To support its global operations, Mapletree has established an extensive network of offices in these countries.

The Role

You will be responsible for formulating and executing portfolio management strategies and plans for the office real estate portfolio, including creating fund strategies, modelling and working closely with asset managers to maximize the value of the portfolio.

Job Responsibilities

• Responsible for fund performance tracking (NOI and Distributable Income) flows against fund underwriting and perform scenario analysis on fund projections as required.

• Formulate and execute portfolio management strategies for a portfolio of commercial office assets.

• Work closely with asset management teams on portfolio reporting, budgeting and asset management plans, including marketing strategies to optimise income and realise the highest value of our assets.

• Manage Argus portfolio files and updates to revenue, operating and non-operating expenses to produce accurate and up-to-date performance analysis.

• Assist with financing-related processes and coordinate with Treasury team with regards to loan pools and managing optimal cashflow for drawdown of facilities for capital requirements.

• Prepare private fund investor reports and provide support to address investor questions.

• Review and manage annual budgets and forecasts as well as reports which cover the financial performance of the assets and financial modelling at the asset and portfolio levels.

• Conduct data mining and analysis to support strategic decisions and strategies to capitalize the value of the assets.

• Monitor and track initiatives to maximize portfolio performance.

• Formulate market entry/ exit strategies to ensure higher returns upon disposition and complete deep-dive analytic reviews across operators and properties to seek new opportunities to increase profitability and flow through.

• Prepare cash flow analysis and manage impact to fund distributions, and divestment analysis.

• Manage market intelligence and collating global market / industry information to ensure competitiveness of the company’s products and services.

• Prepare investor reports / address investor questions and IC meetings.

• Assist with annual valuation process.

Job Requirements

• Degree in Real Estate, Building, Business, Finance, Engineering or its equivalent. Working knowledge of Accounting preferred.

• 7+ years’ experience in portfolio management or asset management with good knowledge of the Commercial markets.

• A good team player, possess a high level of initiative, hands-on, resourceful, strong communication and interpersonal skills, and able to work independently in a fast-paced environment.

• An excellent communicator, both verbal and written.

• Ability to work under the pressure of deadlines and juggle multiple workflows

• Deep experience with Excel and Powerpoint.

• Highly proficient in Argus.

• Experience with MRI will be an advantage.

Compensation Data
The annual base compensation range for this role sits between: $150,000 - $165,000

This range is representative of the starting base salaries for this role at Mapletree. Compensation offers are based on a wide range of factors including previous work experience, specific industry experience, relevant skills, training and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. Candidates hired to work in other locations will be subject to the pay range associated with that location. In addition to salary and a competitive employee benefits package, candidates may also be eligible to receive a discretionary bonus.

Interested applicants, please submit your resume by clicking APPLY NOW.

(We regret that only shortlisted candidates will be notified. Mapletree Investments Pte Ltd shall not be responsible or liable to any recruitment firm or agency in connection with the receipt of any unsolicited information on any prospective candidate.)