JLL empowers you to shape a brighter way.  

Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people  and empowering them to  thrive, grow meaningful careers and to find a place where they belong.  Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.   

Key Responsibilities:

Asset Strategy and Planning:

Skilled at conducting periodic data integrity reviews, field condition assessments, and advancing the Facility Condition Index to highlight risks and capital investment needs.Well-versed in analyzing asset health and identifying conditions with high risks of failure, impacting business operations. Proficient in comparing operational and maintenance costs against capital replacement, while developing risk mitigation plans encompassing spare parts, increased maintenance, and associated costs to maintain assets in optimal working conditionDevelop and implement comprehensive asset strategies and plans, aligned with organizational goals, to optimize the performance and value of assets throughout their life-cycle.         Conduct market research and analysis to identify emerging trends, risks, and opportunities in the relevant asset class.Collaborate with internal stakeholders to define investment objectives, target returns, and risk criteria for asset acquisition and management.Demonstrate a proactive focus on meeting client requirements in a timely and cost-effective manner.

Asset Updates and Due Diligence:

Maintenance of the data within the Asset database across multiple sites.Ensuring information is updated as capital as facility projects are completed.Evaluate and execute asset acquisition updates, performing financial analysis, feasibility studies, and due diligence.Develop and maintain relationships with FMs, System Owners, and other client stakeholders to stay up to date on asset changes.Assess the financial and operational viability of potential assets, considering factors such as work order history, physical condition, asset age, maintenance history and risk profile.Development and management of a schedule for facility assessments across sites.

Risk Management and Compliance:

Carry out cost analysis, comparing the cost of operation and maintenance against potential capital replacementImplement risk management strategies to mitigate potential risks associated with asset failures, work windows and lead times.Monitor compliance with regulatory requirements, industry standards, and internal policies throughout the life-cycle of assets.Conduct regular inspections, assessments, and audits to ensure assets are in compliance with legal, safety, and environmental regulations.

Financial Analysis and Reporting:

Advance the Facility Condition Index (FCI) to effectively highlight risks and prioritize capital investments.Conduct financial analysis of assets, including ROI analysis and financial modeling, to support decision-making and optimize financial performance.Prepare and deliver comprehensive reports on asset performance, investment returns, and financial metrics to stakeholders.Monitor and evaluate asset performance against established benchmarks, identifying areas for improvement and implementing strategies to enhance returns.Asset Data quality analysis.Participation in the development of the annual and 1 year rolling plan and 5 year rolling capital plan.

Asset Disposition:

Develop and execute asset disposition strategies, coordinating with PMs, FMs, System Owners, and other professionals as necessary.Perform financial analysis and valuation of assets to determine optimal timing and method of disposition.Manage the sales process and negotiate contracts to ensure the best possible outcome for asset disposition.

 Project Planning:

Support and develop Scope and budgets for small facility improvement projects, equipment additions and project feasibilities with options analysis.Develop estimates and schedules to be included in a comprehensive Business Case Report (within standard template) for each assigned project.  Identify and address potential risks surrounding project, project logistics, budgets and scope.Support capital planning budget and vendor contracts.Oversee multiple vendors and professional services providers.

Requirements:

Bachelor's degree in Architecture, Engineering, Construction Management, or a related field is required.  A Master's degree or relevant professional certifications (e.g., CCIM, CFA) is preferred.

Possesses a wealth of knowledge in various platforms, including Excel, Smart sheets, Maximo, VFA, Power BI, and PowerPoint. Demonstrates a strong understanding of mechanical and electrical systems within commercial building environments.

Proven experience as a Life-Cycle Asset Manager or similar role, with a track record of successfully managing a portfolio of assets throughout their life-cycle.

Strong financial analysis skills, including experience with cash flow modeling, ROI analysis, and risk assessment.

Experience in pharmaceutical/life sciences preferred.

In-depth knowledge of asset management principles, practices, and industry trends.

Familiarity with relevant regulatory requirements and compliance standards.

Strong understanding and working knowledge of mechanical systems including HVAC, compressed air, central plant and electrical distribution systems.

Excellent communication and interpersonal skills, with the ability to collaborate effectively with stakeholders at all levels.

Advanced proficiency in financial analysis tools and software.

Strong organizational skills and attention to detail, with the ability to manage multiple assets and priorities.

Join our team and have a significant impact on asset value optimization and performance throughout the life-cycle. This role offers an exciting opportunity to contribute to the management and growth of our asset portfolio by leveraging your expertise as a VFA Asset Specialist.

Estimated total compensation for this position:

110,000.00 – 130,000.00 USD per year

The total compensation range is an estimate and not guaranteed. An employment offer is based on an applicant's education, experience, skills, abilities, geographic location, internal equity and alignment with market data .

Location:

On-site –Cambridge, MA, West Greenwich, RI

If this job description resonates with you, we encourage you to apply, even if you don’t meet all the requirements.  We’re interested in getting to know you and what you bring to the table!

Personalized benefits that support personal well-being and growth:

JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits may include:

401(k) plan with matching company contributions

Comprehensive Medical, Dental & Vision Care

Paid parental leave at 100% of salary 

Paid Time Off and Company Holidays

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Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL’s recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.

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For candidates in the United States, please see a full copy of our Equal Employment Opportunity and Affirmative Action policy here.

Jones Lang LaSalle (“JLL”) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities.  If you need a reasonable accommodation because of a disability for any part of the employment process – including the online application and/or overall selection process –  you may contact us at Accommodation Requests. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.

Pursuant to the Arizona Civil Rights Act, criminal convictions are not an absolute bar to employment.

Pursuant to Illinois Law, applicants are not obligated to disclose sealed or expunged records of conviction or arrest.

Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities. Only job-related convictions will be considered and will not automatically disqualify the candidate.

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Pursuant to the Los Angeles Fair Chance Initiative for Hiring Ordinance, JLL will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Accepting applications on an ongoing basis until candidate identified.