Associate Director, Real Estate Investment Banking

JLL supports the Whole You, personally and professionally.

Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology to our clients. We are committed to hiring the best, most talented people in our industry; and we support them through professional growth, flexibility, and personalized benefits to manage life in and outside of work. Whether you’ve got deep experience in commercial real estate, skilled trades, and technology, or you’re looking to apply your relevant experience to a new industry, we empower you to shape a brighter way forward so you can thrive professionally and personally.

Associate / Associate Director SCS

The Role

We are seeking an Associate/Associate Director to join our EMEA Strategic Capital Solutions team based in London, Madrid or Frankfurt. The team combines our Real Estate Investment Banking and Pan European Capital Markets Sector teams as an integrated, market-leading platform.

We specialise in complex, multi-stakeholder transactions including large portfolio sales, corporate M&A, recapitalisations, joint ventures, new funds and structured equity transactions. The team operates from offices in London, Madrid, and Frankfurt, within a highly motivated, high-performing, investment-banking-style environment that values initiative, analytical rigor, and ambition.

As Associate/Associate Director, you'll be a trusted member of the team supporting directors throughout the full life cycle of projects. You will play an active role in live client processes, participating in client meetings and maintaining relationships. You'll also mentor analysts, graduates and junior team members, helping develop their financial analysis skills and understanding of the real estate market.

Key Responsibilities

Execution Leadership: Ensure quality and timeliness of all client-facing materials and transaction documentation while coordinating multiple workstreams, anticipating execution obstacles, and demonstrating ownership of transaction outcomes.

Transaction Management: Manage complex transactions including joint ventures, corporate M&A, portfolio and asset sales, maintaining clear communication between multiple stakeholders while managing competing priorities across simultaneous transactions.

Sector Specialisation Development: Build depth of market intelligence within preferred asset classes or product types, producing high-quality sector/product-specific technical analyses

Client-Facing Capability: Present marketing materials and transaction updates with professionalism, respond effectively to technical client questions, and serve as point of contact externally.

Financial Modelling and Analysis: Create and interpret financial models for large portfolio sales, corporate M&A, joint ventures, and structured equity transactions, providing strategic advice based on financial analysis and market trends with efficient turnaround times.

Pitch Preparation and Business Development: Support preparation and coordination of pitches for potential projects, develop creative business opportunities, and execute investor marketing strategies to grow the team pipeline.

Cross-functional Collaboration: Develop connections with local teams to support investment processes, manage research team outputs, coordinate with marketing teams, and build relationships with internal specialist teams including sustainability.

Team Leadership and Development: Effectively supervise analyst team members on assigned deals, mentor graduates and junior team members on financial analysis and appraisal outputs, and support their professional development.

What Are We Looking For?

Minimum 3 years of demonstrated experience in investment banking / corporate finance with exposure to real estate, or real estate capital markets

Sustained excellence across execution responsibilities over 3+ years

Strong financial modeling capabilities - comfortable building and critically analyzing financial and valuation models and working with complex operating data

Sound understanding of financial statements and how operational metrics drive platform / property value

Deep market knowledge including submarkets, rental trends, and recent transactions

Consistent leadership on transactions

Excellent project management and organisational abilities with proven ability to manage multiple workstreams

Outstanding communication and interpersonal skills with ability to manage multiple stakeholders

Proven track record in independent client relationship management and business development

Deep market knowledge including submarkets, rental trends, and recent transactions

Meticulous attention to detail

Proactive attitude and ability to work independently while contributing to team objectives

Ability to mentor and develop junior team members

Meticulous attention to detail

Expert proficiency in MS Office (Excel, Word, PowerPoint)

Willingness to travel regularly throughout Europe for client meetings and site inspections

Additional European languages are beneficial but not essential

What You Can Expect From Us

At JLL, we make sure that you become the best version of yourself by helping you realize your full potential in an entrepreneurial and inclusive work environment. Our Total Rewards program reflects our commitment to helping you achieve your career ambitions, recognizing your contributions, investing in your well-being, and providing competitive benefits and pay.

We offer:

Opportunities for career growth and professional development

Collaborative and innovative work environment

Competitive salary and performance-based bonuses

Global exposure within a leading real estate services firm

If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements below. 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.

About JLL –

We’re JLL—a leading professional services and investment management firm specializing in real estate. We have operations in over 80 countries and a workforce of over 102,000 individuals around the world who help real estate owners, occupiers and investors achieve their business ambitions. As a global Fortune 500 company, we also have an inherent responsibility to drive sustainability and corporate social responsibility. That’s why we’re committed to our purpose to shape the future of real estate for a better world. We’re using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people, and our communities.

Our core values of teamwork, ethics and excellence are also fundamental to everything we do and we’re honored to be recognized with awards for our success by organizations both globally and locally.

Creating a diverse and inclusive culture where we all feel welcomed, valued and empowered to achieve our full potential is important to who we are today and where we’re headed in the future. And we know that unique backgrounds, experiences and perspectives help us think bigger, spark innovation and succeed together.