Real Property Asset Management Team, Real Estate Executive ED

Real Estate Executive

The Global Trusts & Estates Practice is a cornerstone of the services we offer to clients. With over 160 years of experience in serving as a corporate fiduciary for families, our Trust and Estate services are delivered by highly skilled professionals who possess both technical expertise and the ability to engage effectively with diverse families and individuals.

Position Overview

As a Real Estate Executive ("REE") in J.P. Morgan's Real Property Asset Management ("RPAM") team, you will play a pivotal role in strategically growing and managing real estate assets owned in trusts and estate accounts of Private Banking clients. Reporting to the RPAM Practice Lead, you will oversee the management and performance of real estate properties, including residential, commercial, agricultural, vacant land, and other specialty properties. You will ensure the delivery of exceptional service to our clients and oversee the activities of asset managers supporting property management, accounting, operational, and service related duties related to an assigned book of real estate properties. Your role will involve strategic planning, business development, asset due diligence, and collaboration with senior management to drive initiatives to completion. You will be responsible for asset management and reporting activities to assess and manage risk, support account acceptance and holding recommendations, and ensure compliance with banking regulations and fiduciary standards.

Job Responsibilities

• Work with internal teams and external partners to deliver comprehensive asset management solutions.
• Oversee the management of real estate assets held in trust and estate accounts, ensuring compliance with banking regulations, policies, and J.P. Morgan standards.
• Ensure asset management aligns with client / account objectives, bank policies, and all applicable laws.
• Help lead business development with Trust Officers, Bankers, Wealth Advisors, and external legal and tax advisors to grow revenue and assets under management; direct due diligence for new business.
• Oversee due diligence reviews, including environmental, title, and insurance assessments.
• Develop and execute strategies to preserve and enhance property value, income, and sustainability.
• Oversee leasing, tenant relations, and contract negotiations.
• Monitor property expenses, budgets, and financial performance; advise regarding capital improvements and repairs; identify cost savings and revenue opportunities.
• Implement risk management strategies for assigned assets and accounts.
• Oversee property managers, brokers, and third-party vendors.
• Review property inspections and valuations.
• Perform annual asset reviews.
• Collaborate with legal, tax, risk, and compliance teams.
• Prepare and present complex analyses and recommendations to internal and external stakeholders, including clients, trust beneficiaries, professional advisors, executive management, and internal committees.
• Support property acquisitions and dispositions including transaction management.
• Assist with management of assets held in partnerships, LLCs, or other entities.
• Respond promptly and professionally to client inquiries and service needs.
• Stay informed about market trends, regulatory changes, and best practices.

Qualifications, Capabilities, and Skills