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.
OPPORTUNITY
We are currently seeking a Vice President to join our growing Hotels & Hospitality platform with a primary focus on hotel and resort advisory services in South Korea. The role will be based in Seoul, South Korea and will report into our Senior Vice President of Hotels & Hospitality Group in Seoul (Department head).
We are looking for an individual who is passionate, highly motivated about adding value and delivering superior results to the team. With a leadership role in JLL’s Hotels & Hospitality team, you will lead client assignments, manage project delivery teams, prepare proposals and pitches, deliver consulting assignments, support asset management, operator selection assignment, and support transactions.
KEY RESPONSIBILITIES
Lead client consulting assignments for hospitality developments, investments, and assets with minimal oversight from senior leadership. Manage timelines and communications for client presentations, deliverables, and assignments in both Korean and English.Prepare Advisory and Research reports, including Market Research, Feasibility Studies, Strategic & Operational Reviews, Operator Selection and Enterprise Consulting.Present the outcomes of our assignments and reports to clients and other stakeholders.Facilitate transaction and advisory due diligence processes including the review and analysis of various documents and financial statements.Interpret investment market trends and insights to advise hotel owners and developers on best development and / or divestment strategies.Conduct financial modelling, focusing on hotel cash flow projections; cost estimation; DCF / IRR analysis; debt leverage analysis; and sales comparable analysis.With the support of the asset management team, assess hotel operational cash flow projections and identify area for improvement and potential value add enhancement.Communicate with and coordinate work of third-party vendors in connection with preparation of investment materials and presentations.Utilize relationships and network to generate new leads and projectsCollaboratively strongly with peers across JLL including: Hotels Asia Pacific, Valuation Advisory, Strategic Advisory, Work Dynamics, Capital Markets and other service lines.REQUIRED SKILLS / EDUCATIONAL BACKGROUND
Six to ten years in consulting or real estate development specific work experience. Hospitality-related experience is optional.Native level written and verbal Korean in business settings is required. Professional written and verbal English is required, with native proficiency preferred.Proven track record with leading the delivery of in-depth consulting reports for Korean clients.Understanding of real estate transaction and development related processes and regulations.Good Excel modelling skills and experience with PowerPoint project delivery are required.Experience with analytical and consulting report writing in Korean required.Strong presentation, communication and interpersonal skills in team setting.Attention to detail and ability to work on multiple projects simultaneously.Undergraduate degree in relevant discipline such as business, hospitality, finance and/or real estate. Masters degree optional.Must be willing to travel in Korea and occasionally within broader Asia.As a dedicated Hotels and Hospitality sector specialist, you must be comfortable in dealing with people of different cultures and levels across Asia.
You should enjoy working in a dynamic, multi-national environment and be comfortable contributing innovative ideas, insights and suggestions on how to improve the way we conduct, present and communicate our expertise. You should embrace the latest available technology tools as a leverage to source, prepare and deliver up-to-date, world-class data analytics to both internal and external stakeholders. You will have an important leadership role in the larger APAC Hospitality Group organization, and your entrepreneurial mindset will also be important.
Location:
On-site –Seoul, Korea, Republic ofIf this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements. We’re interested in getting to know you and what you bring to the table!
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