Senior Asset Manager

Confidential

Manhattan, NY

Salary Estimate: $120,000.00 - $150,000.00

Employment Type: Full Time

Work Place: Office

Experience Required: 5+ to 7 years

Education Required: 4 Year College

Job Description

 
Job Description

Position Title: Senior Asset Manager
Location: New York, NY (In-office role)
Company Overview: We are a leading national real estate firm with diverse holdings across the United States, specializing in strategic property investments and management to drive long-term value and growth.

Position Summary:
The Senior Asset Manager will provide strategic oversight and hands-on operational management of a diverse real estate portfolio, ensuring optimal performance, value enhancement, and alignment with the firm's investment objectives. This role demands a dynamic, accountable leader with a proven track record in real estate asset management, capable of multitasking in a fast-paced environment while taking full responsibility for outcomes.

Key Responsibilities:

Strategic Asset Management:
  • Develop and implement asset management strategies to maximize property value and investment returns.
  • Conduct regular portfolio reviews to align with market trends, investment goals, and risk management protocols.
Financial Reporting and Budget Management:
  • Oversee budgeting processes for properties under management, ensuring fiscal responsibility and strong financial performance.
  • Analyze financial statements, manage capital expenditures, and forecast future financial needs.
  • Provide all Lender-required Financial reports
Construction Oversight:
  • Manage all aspects of construction projects from inception to completion, including budget, timeline, and quality control.
  • Coordinate with architects, contractors, and engineers to ensure projects meet or exceed expectations.
Property Management Interface:
  • Act as a liaison between property managers, tenants, and other stakeholders to ensure smooth property operations, prompt resolution of complaints, and high tenant satisfaction.
  • Implement best practices in property management to enhance overall asset performance.
AI Integration:
  • Leverage AI technologies to optimize asset management practices, including predictive maintenance, tenant analytics, market analysis, and operational efficiencies.
  • Stay current with technological advancements in real estate and AI to drive continuous improvements in management strategies.
Leadership and Team Management:
  • Lead, mentor, and develop a team of asset management professionals and support staff.
  • Foster a culture of performance excellence, innovation, and accountability.
Self-Starter and Multitasking:
  • Work independently as a self-starter, identifying opportunities for improvement and executing strategic initiatives with full accountability.
  • Manage multiple projects simultaneously without compromising quality, ensuring all deadlines are met.
Travel:
  • Regular travel required to visit properties nationwide, meet with stakeholders, or attend industry events.
Qualifications:

Education:
  • Bachelor's degree in Business, Real Estate, Finance, or a related field. Master's degree or relevant certifications (e.g., CFA, CCIM) preferred.
Experience:
  • Minimum of 10 years in real estate, with at least 5 years in a senior asset management role.
  • Proven experience in managing budgets, overseeing construction projects, and interfacing with property management teams.
  • Demonstrated experience with AI applications in real estate, or a strong aptitude for learning and implementing such technologies.
Skills:
  • Strong analytical, financial, and negotiation skills.
  • Excellent communication and leadership abilities.
  • Proficient in real estate software (e.g., Yardi, Argus), MS Office, financial modeling, and data analysis tools.
Personal Attributes:
  • Self-motivated with a proactive approach to problem-solving and a high degree of accountability.
  • Ability to thrive in a fast-paced environment and adapt quickly to changes.
  • High level of integrity and commitment to ethical business practices.
Compensation and Benefits:
  • Competitive salary based on experience.
  • Comprehensive benefits package, including health insurance, retirement plans, and travel expense coverage.
  • Additional perks such as professional development opportunities and performance-based bonuses.
Application Instructions:
Interested candidates should submit their resume and a cover letter detailing relevant experience. We are an equal opportunity employer and encourage applications from diverse candidates. 

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