Director, Asset Management

Job Code:  AD307 

Job Title:  Director of Asset Management 

FLSA:  Salaried Exempt 

Job Summary:  Oversees performance of a portfolio of assigned assets within a specified geography. Monitors operations and implements
actions
to
achieve
expected
investment
returns.
Job
requires extensive financial review and analysis. Prepares appraisals, valuations and cash flow projections. Assesses the performance of properties. Assists in developing acquisition and/or disposition strategies/procedures and identifies potential joint
venture
partners.
Assists
in
formulating
and
implementing
a long-term asset management strategy for a specific property type or portfolio of assets, including income and expense forecasting, leasing plan, capital budget, value creation activity, and risk-return analysis for assets. May supervise activities of Junior-Level Asset Managers or analysts. 

Essential Functions:  Oversees the assigned portfolio by creating and monitoring asset plans. Monitors operations and implements actions to achieve expected investment returns.  Performs extensive financial review and analysis. Prepares appraisals, valuations and cash flow projections. Assesses the performance of properties by reviewing information from Asset Managers to ensure they are meeting the needs of the company. Assists in developing acquisition and/or disposition strategies/procedures and identifies potential joint venture partners. Assists in formulating and implementing a long-term asset management strategy for a specific property type or portfolio of assets, including income and expense forecasting, leasing plan, capital budget, value creation activity, and risk- return analysis for assets. Works with other groups regarding sales/acquisitions, financing, and loan reviews to ensure they are appropriately executed. May supervise activities of Junior- Level Asset Managers or analysts. 

Supervisory Responsibilities:  Supervisory 

Education and Experience:  Bachelor's degree in business or finance. MBA preferred. 8 plus years of experience in asset management of a large portfolio. Experience in Tax Credit, REIT Compliance and real estate transactions. 

Qualifications:  Supervisory experience preferred. Ability to perform complex analysis and develop strategies. Ability to travel. 

Salary Range: $155,000-$175,000 annually

Work Environment:  Office environment. Prolonged periods of sitting at a desk and working on a computer. Travel may be required. The physical demands described here are representative of those that must be met by the team member to successfully perform the essential functions of this job. While performing the duties of this job, the team member is frequently required to sit, talk, or listen. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus. 

Reasonable accommodation will be made to enable team members with disabilities to perform the essential functions, and team members who believe they need such accommodation should contact Human Resources.