Portfolio Manager Real Estate (M/F), based in Luxembourg recruitment
La Banque Internationale à Luxembourg is the oldest bank of Luxembourg financial centre. Founded in 1856, it was a part of Dexia group until its recent reorganisation.
Important investments confirm la BIL as a centre of reference for the International Wealth Management, with two centres of expertise, Luxembourg and Switzerland.
The job:
The Portfolio Manager has a deep understanding of real estate investments either through investing in REITs, individual companies, specific funds or various other vehicles. The successful candidate will manage the clients’ portfolios in view of delivering an absolute return and wlll ensure the relevant communication.
Objectives and constraints:
- Objectives:
– Share with other portfolio managers specific knowledge of real estate and implement the relevant strategy for our clients.
– an absolute portfolio performance while respecting risk requirements
– Ensure that the clients’ overall expectations are being met .
- Constraints:
– Ensure the clients’ mandates are compliant with our internal procedures and our proprietary investment processes.
Main job responsibilities include:
- Implement the investment strategy through portfolio construction for tailor-made portfolios and ensure that the portfolios are in line with the individual clients’ risk profiles and contractual constraints
- Enhance the overall competence by being a team player and by sharing your understanding of real estate investments in global markets
- Contribute to the development of the financial strategy via participation in investment committees, creation of investment cases (recommendations) on specific real estate investments.
- Ensure the specific client communication and client reporting on portfolio performance and investment strategy t by using our proprietary communication tools
- Provide technical assistance to BIL private bankers in their efforts to gain new private clients mandates.
Essential educational background and skills:
- License / Master: BAC +4/5, from a highly accredited university
- Minimum 3-5 years of experience in portfolio management, excellent knowledge of financial markets and financial instruments, especially in real estate
- Languages: English, French both orally and in writing (other languages are a plus).
- Efficient in office tools with an emphasis on Excel, Access, know how of financial data providers (Bloomberg, Reuters, Lipper, Morning Star..); an understanding of various financial statistic softwares is appreciated.
Other important personal attributes:
- Team spirit
- A deep understanding and track record of investments in real estate
- Strong communication and presentation skills
- Strong quantitative skills.
- Assertive, flexible and open for change.