Chief Investment Officer

Beverly Hills, California United States

Job ID: 25215 Industry: 01-2008-Multifamily-Acquisition Firms

Position Description

                                                           

Job Title:               Chief Investment Officer

                             

Company Description:

 

Client is a real estate investment and operating company with a 25 year track record of delivering outstanding and above market returns to its investors. This success has been accomplished by focusing on the acquisition, development and redevelopment of under-valued multifamily and commercial properties. As part of the senior management team, the CIO will be responsible for establishing strategic direction for the company and influencing policy.

 

Summary:

 

Support the company’ s goals of growth and expansion by effectively representing the company to new investors and partners

 

Primarily responsible for establishing and maintaining relationships with investors for company sponsored investments

 

Direct the company' s business development through managing the acquisition departments, investor relations, debt and equity placement, developing and maintaining a high net worth investor base. 

 

Strategize and support CEO/CFO in financial planning activities

 

Manages the acquisitions, underwriting and disposition processes for Multi-Family and Commercial properties in multiple states.  Directs and oversees the activities of the acquisitions team to ensure efficient operation, compliance with standards and procedures, and sound investment decisions. 

 

 

Essential Duties and Responsibilities: 

 

Business Development/Capital Markets

 

As part of the senior management team, responsible for establishing strategic direction for the company and influencing policy.   The position is also on Partnership Track depending on individual’ s performance, contribution and experience

 

Develop and implement plans to maintain existing investor base and capture new investors across the spectrum (institutional, private, foreign, others)

 

Oversee the development of marketing materials, meetings, investor presentations, and events that will support the growth of the investor baseDevelop and maintain an investor customer service program

 

Work with senior team to grow the business by formulating strategies and business plans

 

Develop and maintain the firm' s debt placement program

 

 

 

Finance

 

Work closely with the CEO/CFO on annual capital needs and targets

 

Manage process for all capital raises

 

Treasury and Capital expenditure matters

 

Acquisitions

 

Set appropriate goals and objectives for the Multi-Family and Commercial Acquisitions Department to achieve the company’ s overall investment goals.

 

Create and maintain relationships with brokers, banks, owners and oversee acquisitions team in managing broker and investor relationships.

 

Evaluate and improve acquisition policies and procedures to ensure efficiency, effectiveness, and ensure sound investment decisions.

 

Oversee the process of identifying and validating investment opportunities that meet the acquisitions strategy and align investments with capital.

 

Oversee the management of the diligence process, investment memorandum, and closing of the deal.

 

Ensure proper execution of all acquisitions transactions including: market analysis, pro-formas, feasibility, due diligence, investor relations, business plans, ROI analysis, underwriting, workout strategies; etc.

 

Structure financially complex transactions, including return on investment, IRR, waterfalls, regression analysis; etc.

 

Other duties may be assigned

 

Supervisory Responsibilities

 

Ensure own actions and department operations comply with company policies and procedures and applicable employment laws and regulations

 

Supervise acquisitions team of five or more

 

Provide leadership to staff by setting expectations, delegating work, monitoring progress, and providing performance feedback and training.

 

Abilities and Competencies                                          

 

Business Development- Possess abilities in sales, negotiations, finance, and business growth

 

Analytical - Synthesize complex or diverse information; Collect and research data; Use intuition and experience to complement data

Planning/Organizing - Prioritize and plan work activities; Use time efficiently; Plan for additional resources; Set goals and objectives; Develop realistic action plans

 

Customer Service - Respond promptly and thoroughly to investor needs; Solicit investor feedback to improve service; Respond to requests for service and assistance

 

Oral Communication - Speak clearly and persuasively in positive or negative situations; listen and get clarification; Respond well to questions; Demonstrate group presentation skills; Participate in meetings

 

Written Communication - Write clearly and informatively; Edit work for spelling and grammar

 

Teamwork - Balance team and individual responsibilities; Exhibit objectivity and openness to others' views; Give and welcome feedback; Contribute to building a positive team spirit; Put success of team above own interests; Able to build morale and group commitments to goals and objectives; Support everyone' s efforts to succeed

 

Quality Management - Look for ways to improve and promote quality; Demonstrate accuracy and thoroughness. Meet commitments

 

Cost Consciousness - Work within approved budget; Develop and implement cost saving measures; Contribute to profits and revenue; Conserve organizational resources

 

Qualifications

 

Five to eight years as of Acquisitions and Business Development experience: Strong track record in sales, strategy, negotiations, corporate development, financial management, marketing, operations and customer service

 

Realistic understanding of the Real Estate industry

 

Entrepreneurial vision and business acumen, able to find growth opportunities in dynamic and competitive environment

 

Acumen and independent judgment to interact with high net worth clientele

 

Strong relationship-management ability, both internally and client-facing

 

Two years of staff supervision experience and project management

 

Bachelor degree or Master' s degree in Business, Real Estate, Finance, Marketing, Management or related field

 

Strong MS Excel skills and proficiency with other MSOffice software and other presentation software

 

Exceptional interpersonal and communication skills to expand and maintain long-term relationships with investors

 

A strong sense of passion, purpose and sense of humor

 

 

 

Mark Hall
Executive Partner

During my 14 years working at Joseph Chris Partners, I have learned that I really enjoy helping clients solve business problems. I work primarily on executive level searches, where the person I place will have a significant impact on my clients bottom line. more...

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