Senior Investment Manager

Description

The Company:

Schnitzer West, LLC’s Vision, Mission, Promise, Culture, Values, And Goals Are At The Heart Of Every Decision Made. The Company Takes Pride In And Fiercely Protects Its 5 Core Fundamental Values

• Disciplined – Prepare for anything. Anticipate, ask questions, and clarify. Own every moment. Don’t run from risk; mitigate it to create value. Keep your eye on the prize while obsessing over the details.
• Driven – Work with passion and ambition. Be relentless and work with urgency.
• Bold – Pioneer true innovation and be motivated by the unknown. Thrive in uncertainty to outperform the expected.
• Authentic – Work without ego and be a doer, not a talker. Be fair but candid and always willing and able to roll up your sleeves.
• ‘Cowboy Family’ – Be all in with the firm; pushing and protecting each other to achieve greatness and exceed all expectations. Take pride in being a difference maker and for making a material impact.
  
  

This unwavering focus makes Schnitzer West, LLC a recognized and well-respected vanguard in the industry and maintains the framework that allows for superior communications, sound decisive decision making, diversity of thought, and unparalleled business practices, rigor, and innovation.

General Position Summary

This position serves as the manager for a specific property or properties and is responsible for management, financial analysis, budgeting, and tenant relationships/retention to improve asset value and operations. Position is responsible for oversight and coordination of each property’s physical upkeep and maintenance. Position is responsible for meeting financial objectives.

Essential Functions/Major Responsibilities

• General Operations
• Lead and manage one or more teams of property managers and engineers including hiring; training for job specific requirements; performance evaluations and performance counseling.
• Manage/oversee building operations, including responsibility for appropriate and cost-effective maintenance of property; review and approve all vendor contracts.
• Responsible for the day-to-day operation of the property.
• Identify and oversee any necessary capital projects.
• Provide oversight of capital and tenant improvements including internal approvals.
• Review tax valuations and determine the need for appeal.
• Review Insurance coverage limits and premium billings.
• Requires on-call availability for business needs.
• Financial/Accounting
• Review financial analysis for properties, including analyzing financial aspects of leases and tenant financial statements and property economics.
• Prepare and review Dyna models for the annual business plan.
• Update Dyna models at least quarterly to determine if any value changes have taken place and to ensure an accurate model at all times.
• Lead efficient and accurate financial reporting and fiscal control of assigned properties. Prepare monthly and quarterly reporting packages (with input from appropriate staff); review and approve monthly and quarterly operating reports; control property operating and management office expenses within budget.
• Advise upper management on a timely basis when expense projections may vary significantly from original budget or if major delinquency problems occur.
• Review progress against the operating and capital budgets on a monthly basis and re-project, as necessary.
  
  

Position May Include

Leasing/Lease Administration/Marketing

• Sustain relations with the brokerage community by evaluating the productivity and resourcefulness of leasing brokers.
• Set and review leasing guidelines; prepare and approve leasing proposals and documents prior to execution.
• Develop and direct annual marketing plans, prepare or review monthly marketing materials and maintain information comparable files.
• Interact with the brokerage community, leading property tours, and implementing the annual marketing plan.
• Coordinate/request space planning or space preparation requirements for prospective lease transactions.
• Analyze proposed lease financials, tenant financial statements, and property economics.
• Prepare leasing proposals for the Investment Director's approval; negotiate lease agreements with input from counsel and the Investment Director.
• Prepare and submit necessary documentation to obtain lease approvals.
• Oversee preparation and maintenance of all tenant marketing materials.
  
  

Requirements

Specific Job Skills:

• Demonstrated leadership and people management skills.
• Knowledge of real estate law and ability to read and interpret contracts and agreements accurately.
• Exceptional analytical, problem-solving, and decision-making skills.
• Demonstrated expert level communication skills, including the ability to negotiate, to explain complex concepts and issues, and to use tact and diplomacy in sensitive situations.
• Excellent customer service, interpersonal skills, and conflict resolution.
• Ability to successfully perform multiple tasks and to reprioritize work on a regular basis.
• Ability to read, write, speak, and understand English.
• Proficient use of basic office machines and computer software, including Word, Excel, Access, and Outlook; ability to use Dyna or other financial modeling software is helpful.
• Strong lease negotiations experience may be required.
  
  

Education And Experience

• Bachelor’s Degree or equivalent in business, finance, or real estate management.
• A Master’s Degree in Business (MBA) is highly desirable.
• 5 to 8 years required experience in a progressively responsible positions, with experience in leadership, personnel management, financial/fiscal management, and real estate management.
• Must have a current Real Estate License, or ability to obtain within the first 6 months of hire.
• Completion of some Building and Owner Management Association (BOMA) and other industry-specific classes would be helpful, along with some training in negotiating and financial analysis preferred.
  
  

Physical Demands

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• Visual acuity to read words and numbers, peripheral vision, and depth perception including close proximity and focus.
• Ability to exert up to 15 lbs. of force and regularly lift and/or move up to 20 lbs.
• Sufficient hand, arm, and finger dexterity with ability to handle and feel tools, including office and computer equipment.
• Speaking and hearing ability sufficient to communicate in person or over the phone in English.
• Frequently move about inside buildings and outside, over uneven terrain, while maintaining balance.
• Ability to ascend/descend a ladder.
• The ability to alternate between sitting and standing frequently throughout the day, while walking up to 8 hours a day.
• Ability to reach with hands and arms overhead occasionally.
• Frequent use of computers for significant amounts of time.
  
  

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This position deals with a wide variety of work situations. Incumbent must deal with continual interruptions, requiring a high degree of flexibility. Work requires extensive telephone and PC use.

The statements herein are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

Schnitzer West is an Equal Opportunity Employer.

Schnitzer West Offers An Excellent Benefits Package Including

• Medical Insurance – Eligible Employees (and their dependents) may choose an HSA or PPO plan through Premera Blue Cross.
• Prescription Drug Insurance – Included with each medical plan.
• Dental Insurance – Eligible employees (and their dependents).
• Vision Insurance – Eligible employees (and their dependents).
• Other Insurance – Basic Life, Accidental Death & Dismemberment Insurance, Short- And Long-Term Disability, Optional Employee-Paid Voluntary Life Insurance.
• Dependent Care Flexible Spending Account (DCFSA).
• Employee Assistance Program (EAP).
• 401(k) Retirement Plan including Employer match.
• Paid Time Off – Three (3) weeks of PTO accrual with increases based on years of service.
• Paid Holidays – Ten (10) paid Holidays per year.
  
  

Please note that the salary information shown below is a general guideline only. Salaries are based upon candidate experience and qualifications, as well as market and business considerations.

• Salary: $135,000-$155,000 Annually - This position is eligible for up to a 20% bonus opportunity based on individual and company performance.