• Job Description

  Req#: JR24020095

  We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.

  Working Arrangement

  Hybrid

  Job Description

  This role can be hybrid or remote based depending on location of the candidate.

  Director, Real Estate Economic Research

  The Director for Real Estate Economic Research will work with the global co-head for research and strategy for real estate private markets. The role will require interfacing with the entire real estate leadership team; the Advanced Analytics group; and other groups in Manulife Investment Management who are engaged with data, information flow, and analytics to formulate and complete overall research strategy. This particular aspect of research strategy focuses on our in-house data engine (combining internal resources, external/third party sources, and alternative datasets) and predictive analytics – tools and platforms that the candidate will help build alongside other research teams in the real assets group as well as the broader Manulife organization.

  Manulife Investment Management manages over $20B of real estate (300+ properties) across North America and Asia on behalf of both Manulife’s general account and third-party funds and accounts.

  Responsibilities:

  • With limited supervision, work with internal Manulife Investment Management teams and third-party data providers to integrate datasets
  • With guidance from the global co-heads of research and strategy, help create a unique dataset supporting the entire investment-decision making process across equity and debt business
  • Conduct quantitative and qualitative analysis for model performance and accuracy; backtesting for predictive analytics
  • Play a significant role in identifying market trends and extracting insights across the portfolio to aid in strategic decision-making.
  • Help drive process improvements including automating manual processes and integrate inputs from other teams into predictive analytics that support the investment decision-making process
  • Help prepare, present, and report research output results, present and future initiatives, to leadership
  • Other adhoc projects and initiatives as needed

  Qualifications:

  • Experience with traditional third-party RE data sources (CoStar, Moody’s, Mortgage Bankers Association, CREFC, NCREIF, PREA, MSCI, RCA, Trepp, RealPage/Axiometrics, NICS, Self Storage Association, etc) is a requirement. Expertise working with most or all of the data sources above will distinguish the ideal candidate.
  • Experience with new RE data sources (satellite, mobility data) and applications (redefining RE neighborhoods and micromarkets), including alternatives (Self Storage, SFRs, data centers, etc)
  • Advanced training in econometric modeling and real estate applications (MS/MA-level; PhD preferred) will be key
  • Significant (10+ years, ideally) experience with quantitative techniques and models and real estate applications (model creation and maintenance)
  • Proven ability to capture and process first party and third party data to optimize foundations of data analytics
  • Expert grasp of classical modeling techniques (econometric theory, etc) and new approaches (AI/ML); experience with LLMs a plus
  • Experience/familiarity across different geographies in North America and Asia will be ideal, along with appropriate language skills to foster communications across a global tea
  • Ability and willingness to travel to help support a global distributed team

  What motivates you?

  • You obsess about customers, listen, engage and act for their benefit.
  • You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
  • You thrive in teams and enjoy getting things done together.
  • You take ownership and build solutions, focusing on what matters.
  • You do what is right, work with integrity and speak up.
  • You share your humanity, helping us build a diverse and inclusive work environment for everyone.

  
  What can we offer you?

  • A competitive salary and benefits packages.
  • A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
  • A focus on growing your career path with us.
  • Flexible work policies and strong work-life balance.
  • Professional development and leadership opportunities.

  
  Our commitment to you

  • Values-first culture
    We lead with our Values every day and bring them to life together.
  • Boundless opportunity
    We create opportunities to learn and grow at every stage of your career.
  • Continuous innovation
    We invite you to help redefine the future of financial services.
  • Delivering the promise of Diversity, Equity and Inclusion
    We foster an inclusive workplace where everyone thrives.
  • Championing Corporate Citizenship
    We build a business that benefits all collaborators and has a positive social and environmental impact.

  About Manulife and John Hancock

  Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.

  Manulife is an Equal Opportunity Employer

  At Manulife /John Hancock , we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour , ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

  It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process . All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies . To request a reasonable accommodation in the application process, contact recruitment@manulife.com .

  Salary & Benefits

  The annual base salary for this role is listed below.

  Primary Location

  Boston, Massachusetts

  Salary range is expected to be between

  $126,000.00 USD - $202,000.00 USD

  If you are applying for this role outside of the primary location, please contact recruitment@manulife.com for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

  Manulife/John Hancock offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.

  Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to Work I E-Verify I Pay Transparency

  Company: John Hancock Life Insurance Company (U.S.A.)

• About the company

  Manulife Financial Corporation is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario, Canada.

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