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Director Asset Management

At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.

We're strong and growing.  In a company with such a long and storied history, this may be the most exciting and important time to be a part of Northwestern Mutual. We're strong, innovative and growing.

We invest in our people.  We provide opportunities for employees to grow themselves, their career and in turn, our business.

We care.  We make a positive difference in our communities. Nationally, thousands have benefitted from our support of research and programs to fight childhood cancer. Each year, our Foundation, employees and financial representatives donate time, talent and financial support to causes they're passionate about.

This San Francisco-based Director position will be responsible for direct oversight of all aspects of investment management for a broad portfolio of high-quality commercial real estate assets located primarily within the Northern California and Pacific Northwest region. As a member of the asset management team, the Director is tasked with driving outperformance for their assets under management and identifying and capitalizing on opportunities to create value.  The individual must be capable of working with limited oversight and serve as a key resource within the assigned region.

Principal Accountabilities:

  • Drive investment strategy and value creation and outperformance through oversight of third-party property management, operations, and leasing.   

  • Develop and effectuate annual business plans through actively overseeing property management, leasing, accounting, legal, tax, as well as third-party consultants.

  • Negotiate various documents pertaining to operating and marketing the assets, including management agreements, leasing agreements, purchase and sale agreements, loan refinance documents, etc.

  • Develop and foster productive working relationships with partners, property management companies, brokers, and industry peers.

  • Direct marketing efforts of leasing personnel while setting leasing guidelines and negotiating key deal points with prospective tenants.

  • Approve leases or make appropriate recommendations for approval to senior management in accordance with approval guidelines.

  • Coordinate disposition process for assets listed for sale.

  • Review and approve annual budgets prepared by third-party managers.

  • Review monthly operating reports prepared by third-party managers and monitor actual performance versus budget.

Requirements :

  • Bachelor’s degree in applicable business-related field; MBA required.

  • Minimum 7 years of institutional-level asset management experience.

  • Broad understanding of the operational and investment fundamentals of institutional real estate

  • Strong understanding of standard real estate documents such as leases, management agreements and purchase/sale agreements.

  • Strong negotiation, analytical, written, and interpersonal skills. A self-starter with the ability to work independently.

  • Strong quantitative analysis skills. Ability to think and act strategically with experience analyzing leasing and investment decisions.


Great pay package, 401K, Company sponsored retirement plan, Educational assistance, Performance based incentive pay, Medical, dental and vision insurance, Parental leave, Caregiver time off….and more

Compensation Range:

Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the loc ation. Please click here for additional information relating to location-based pay structures.

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We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.

If you work or would be working in California, Colorado, New York City, Washington or outside of a Corporate location, please click here for information pertaining to compensation and benefits.


We’re excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and commitment to diversity and inclusion.