Managing Director, Asset Management

Managing Director, Asset Management

Bellwether is a global advisory firm that helps businesses solve their most complex challenges and enhance enterprise value. We specialize in formulating and executing dynamic growth strategies through true partnership with our clients. Merging deep industry expertise, advanced analytical capabilities and best-in-class talent, we create value across the business lifecycle, from transaction management to operational transformation. Bellwether specializes in the management, analysis, and reporting of over $40 billion of AUM across a wide range of real estate related assets and corporate platforms in North America, Europe and Asia. Bellwether is privately held and has offices in Los Angeles, Newport Beach, Salt Lake City, London and Dallas.

The Managing Director will support the Asset Management team and understands the importance of engaging and empowering a team of highly talented technical and professional Analysts, Associates and Vice Presidents. This role is an agile team player who works cross-functionally with different parts of the organization.

Key Responsibilities

• Assist in the proactive monitoring and hands-on asset management of a portfolio of real estate equity and debt investments throughout the U.S. consisting of stabilized, value-add and ground-up development projects;
• Review and analyze business plans, construction budgets and schedules, property-operating performance and capital improvement projects;
• Review and monitor marketing and sales activity;
• Liaison with operating partners and leading members of the Client(s) to review business plan execution and drive asset / portfolio performance;
• Develop and maintain detailed asset-level cash flow reforecasting models;
• Guide asset management team in the maintenance of detailed models to monitor the performance of investments;
• Structure and implement various sensitivity analyses and stress tests at the deal-level to help guide clients in challenging strategic decisions;
• Work cohesively with the Bellwether construction management team, partners and applicable third parties;
• Underwrite a variety of asset classes using Excel-based underwriting models, including complex cash flow, budget, IRR and fund / partnership waterfall modeling; and
• Demonstrate strong leadership abilities and effective management skills, with a desire to manage, mentor and develop team members.
• People Management Responsibilities
• Involved with staff selection, interviewing and training as needed;
• Oversee the day-to-day workload and performance of direct reports, providing clear direction and support as needed to achieve work objectives;
• Ensure that direct reports understand their duties and delegated tasks;
• Monitor performance and development of direct reports and provide constructive and timely feedback and coaching;
• Work with direct reports to set individual goals and deadlines and conduct regular performance reviews aligned with performance review process; and
• Handle discipline of employees in accordance with company policy.

Professional Experience

Education / Certification

Essential Skills & Competencies

Travel Requirements

Position Details

Physical and Mental Demands

Work Environment

Benefits

$200,000 - $230,000 a year

$200,000 - $230,000 base, plus discretionary bonus

Offered salary is based on a variety of factors, including skills, experience, and qualifications for the role.

Bellwether is an equal-opportunity employer. Bellwether complies with all federal, state, and local laws providing equal employment opportunities, and all other employment laws and regulations. All qualified applicants are considered for employment without regard to an individual's race, color, religion, religious creed, national origin, ancestry, citizenship, physical or mental disability, medical condition (including cancer and genetic characteristics), genetic information, marital status, reproductive health decision-making, sex, gender (including gender identity and gender