Job summary
Job post source
This job is directly from Morgan Stanley
Job overview
The Senior Asset Manager at Morgan Stanley is responsible for managing a $9 billion portfolio of institutional grade real estate assets, primarily multifamily, industrial, and retail properties, to maximize investment returns and portfolio value.
Responsibilities and impact
The role involves reviewing operating reports, conducting property and market tours, developing budgets and leasing strategies, negotiating leases, overseeing capital projects, supporting acquisitions and dispositions, maintaining documentation, and leading special projects to improve efficiency.
Compensation and benefits
The expected base salary ranges from $175,000 to $225,000 per year, with additional compensation potentially including commissions, bonuses, and incentive packages, along with comprehensive employee benefits and perks.
Experience and skills
Candidates should have a bachelor's degree in business, finance, or real estate, with an MBA preferred, at least 5 years of real estate asset management or related experience including 3 years in multifamily asset management, strong analytical and computer modeling skills, and excellent communication abilities.
Career development
Morgan Stanley offers opportunities for career mobility within the business for those who demonstrate passion and grit, supporting professional growth and development.
Work environment and culture
Morgan Stanley values diversity, inclusion, integrity, and excellence, fostering a collaborative and supportive environment with a strong commitment to equal employment opportunity and employee well-being.
Company information
Morgan Stanley Investment Management manages $1.7 trillion in assets with over 1,300 investment professionals globally, providing investment solutions to a diverse client base including governments, institutions, and individuals.
Team overview
The Senior Asset Manager will join the Eaton Vance Real Estate Investment Group, collaborating with other REIG members and Fund Administration teams to manage real estate investments effectively.
Job location and travel
The position is based in Boston, MA, with up to 25% travel required, involving on-site property visits and market assessments.
Unique job features
The role offers the chance to manage a large, multi-sector real estate portfolio within a leading global investment management firm, with responsibilities spanning asset strategy, financial analysis, and cross-functional collaboration.
Company overview
Morgan Stanley is a leading global financial services firm that provides investment banking, securities, wealth management, and investment management services. The company generates revenue through advisory fees, trading commissions, asset management fees, and interest income from lending activities. Founded in 1935, Morgan Stanley has a rich history marked by its role in major financial transactions and its resilience through economic cycles. The firm is known for its strong client relationships and innovative financial solutions.
How to land this job
Position your resume to emphasize your experience managing large, institutional-grade real estate portfolios, especially in multifamily, industrial, and retail sectors, aligning with Morgan Stanley’s $9 billion portfolio focus.
Highlight your skills in financial analysis, budgeting, lease negotiation, CAPEX management, and proficiency with Excel, Argus, and RealPage, as these are critical to the Senior Asset Manager role.
Apply through multiple channels including Morgan Stanley’s corporate careers site and LinkedIn to maximize your application’s visibility and chances of consideration.
Connect on LinkedIn with professionals in Morgan Stanley’s Eaton Vance Real Estate Investment Group or Asset Management division; use ice breakers like commenting on recent market trends or asking about their approach to portfolio management challenges.
Optimize your resume for ATS by including keywords such as 'asset management,' 'portfolio growth,' 'financial analysis,' 'lease negotiation,' 'CAPEX,' 'Argus,' and 'multifamily real estate' to pass automated screenings.
Use Jennie Johnson’s Power Apply feature to automate tailored applications, identify multiple job portals, and find relevant LinkedIn contacts, freeing you to focus on networking and interview preparation.
Jennie Johnson works for you!
Here’s what we do to make sure you’re successful:
Targeted Resume Revamp:
We expertly craft your resume to navigate Applicant Tracking Systems (ATS) and showcase your qualifications, making you stand out as a top-tier candidate.
Job Description Dissection:
Unpack the job posting with expert analysis, ensuring your application hits every key requirement.
Bespoke Cover Letter:
Capture the attention of hiring managers with a personalized cover letter that highlights how your skills align perfectly with the job's needs.
Interview Mastery:
Prepare for interviews like a pro with likely questions, strategic answers, and insightful questions for you to ask, setting you apart as an informed candidate.
Direct Application Insights:
Receive tailored advice on the best places to apply, ensuring your applications are seen by the right employers.
Skills and Gaps Assessment:
Identify and close critical skills gaps to position yourself as the best-fit candidate for your ideal job.
Personalized Email Pitch:
Make a memorable first impression with an email template crafted to engage potential employers and initiate meaningful conversations.
In-depth Research Guide:
Leverage comprehensive research tools to gather effective insights on companies, industry trends, and role-specific challenges.
Detailed Company Analysis:
Gain in-depth understanding of your prospective employer, giving you the edge in applications and interviews.
Strategic Candidate Overview:
Understand your unique value and why companies would want to interview you, highlighting your background and positioning.