Vice President, Real Estate Fund Investment Director
: Job Details :

Corporate Title: Vice President

Functional Title: Real Estate Fund Investment Director

Department: Alternatives, Real Asset Investments

Reports To: Head of Real Asset Investments

Overtime Eligible (Y/N): N

Position Summary

Nippon Life Global Investors Americas (NLGIA) is seeking a Vice President, Director to manage investments for its rapidly expanding U.S. real estate portfolio. The ideal candidate will have a solid understanding of real estate, including knowledge across sectors and risk levels, and significant experience selecting, underwriting, and monitoring commingled funds in North America. An established network of relationships with managers is preferred. The position is based in New York.

NLGIA is an investment management subsidiary of Nippon Life Insurance Company in Japan focused on managing foreign investments for the general account. Nippon Life Insurance Company is one of the largest insurance companies globally.

Essential Duties/Function:

• Lead sourcing and diligence of fund investments that fit the strategic goals of Nippon Life for an actively growing real estate portfolio.
• Actively engage network of relationships to seek out best-in-class investment managers and explore new investment trends.
• Perform comprehensive due diligence on investment opportunities, including review of strategy, structure, manager capabilities, track record analysis and investment specific risks.
• Conduct meetings and/or site visits to meet with members across each manager s platform and tour representative assets for the proposed opportunity, as required.
• Prepare detailed investment memorandum utilizing results of due diligence process, meetings/site visits, investor strategic goals and market knowledge.
• Present investment recommendations to global investment committee.
• Liaise with external legal and tax counsel to negotiate protective and preferential terms for new and existing investments as well as ad hoc matters that arise during normal course of investment life cycle, including European real estate investments as well.
• Communicate with a global team in the fund selection and portfolio construction process, considering points of view and engaging in open dialogue.
• Monitor the existing portfolio through quarterly reviews of investments, regular meetings with managers, investment announcements and ad hoc requests from the parent company.
• Support implementation of ESG initiatives and measurement across portfolio.
• Collaborate with the team on reporting to the firm and parent company, including quarterly reporting, investment activities, and market updates.
• Attend investment conferences and seminars to promote company awareness and involvement in the industry.
• Incorporate operations team and global service providers in managing investment related activities.
• Oversee and mentor junior team members, as applicable; participate in team member hiring process.
• Miscellaneous duties as assigned.

Experience/Qualifications:

• 7+ years of relevant experience in real estate, preferably at an institutional investor (including insurance company, pension fund, endowment, foundation, SWF or family office), investment consultant, investment manager, or private equity real estate firm.
• Strong academic background including Bachelor's degree, preferably in Business/Economics related field. MBA and/or CFA designation is preferred.
• Impeccable professional manner when interacting directly in-person with senior members of investment community.
• Ability to travel domestically, as necessary. More travel is likely needed during spring and fall conference seasons.
• Strong command of MS Office software, including advanced Excel skills; proficiency with industry market research sources and database analytics is a plus.
• Outstanding analytical, writing and verbal communication skills required; ability to assess quality of assets and feasibility of strategy.
• Understanding of broader Real Asset Investments, including infrastructure and/or agriculture asset classes, is beneficial but not required.
• Experience working for international/global organizations is a plus.
• Pro-active, highly detail-oriented, and able to excel in a collaborative global environment.
• A flexible team player able to adapt to change.

The expected annual base salary for this position ranges from $150,000-$185,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus based on quantitative and qualitative factors.

In addition to a competitive base salary and discretionary bonus eligibility, we offer a generous benefits package which consists of the following:

• Medical, Dental, and Vision Insurance Premiums for employees are covered at 100% and premiums for dependents are covered at 70% by the company
• 401k match and Money Purchase Plan (fully company-funded)
• Life Insurance and Disability Insurance
• Pre-tax Commuter Benefits
• Up to 6 weeks of Paid Parental Leave
• Tuition Reimbursement
• Current Hybrid Work Arrangements
• Paid Holidays in addition to vacation days, floating days and paid sick time

Disclaimer:

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. This document is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required by the incumbents. Job responsibilities are subject to change, with or without notice. All employees may be required to perform duties outside of their normal responsibilities at any time at the Company s sole discretion. This document does not constitute a contract of employment with you of any kind, express or implied for any duration, or with respect to any of its stated or omitted terms. As described in the Company s employee handbook, the Company reserves the right to terminate your employment with or without cause, notice or reason at any time at its sole discretion.

NLGIA is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, religion, sex, gender (including gender identity and gender expression), national origin, citizenship, immigration status, age, disability, sexual orientation, military or veteran status, genetic information, sexual or other reproductive health decisions, or any other characteristic protected by applicable federal, state or local law.

During the application process and, if hired, during employment, I agree to participate (if so requested by the Company and as not prohibited by applicable law) in testing to determine whether employees are under the influence of controlled drugs or illegal substances. Such tests or examinations will be performed by qualified professionals selected by the Company.

This submission of my application attests to the fact that the information that I have provided on my application, resume, given verbally, or provided on any other materials, is true and complete to the best of my knowledge and also constitutes authority to verify any and all information submitted on this application. I understand that any misrepresentation or omission of any fact in my application, resume or any other materials, or during any interviews, can be justification for refusal of employment, or, if employed, termination from the Company s employ. The Company or its agents may seek to verify the information on this application. As such, I hereby authorize the Company or its agents to contact any former employer or any representative of any other organization to which I have made reference in this application, and I hereby authorize said employer and/or representative to provide information to the Company on my behalf. I also affirm that I have not signed any kind of restrictive document creating any obligation to any former employer that would restrict my acceptance of employment with the Company in the position I am seeking. I understand that this application is not an employment contract for any specific length of time between the Company and me, and that in the event I am hired, my employment will be at will and either the Company or I can terminate my employment with or without cause and with or without notice at any time. The Company may, at its sole discretion, hold in abeyance or revoke, amend or modify, abridge or change any benefit, policy practice, condition or process affecting its employees.

I acknowledge that I have read all of the above statements, and that I understand them.