Director of Residential Asset Management

Summary

At Realty Operations Group, we are committed to innovation and creative problem-solving. We provide our team members with constant training, development opportunities, and career advancement in a fast-paced environment. Reporting directly to senior leadership, the director will be accountable for optimizing asset performance through strategic financial oversight, performance analysis, capital planning, and long-term positioning. The ideal candidate will be a collaborative leader who embraces accountability and takes ownership of the residential portfolio’s success.

The Director of Asset Management will be involved with financial modeling, asset performance analysis, and reporting for the residential real estate portfolio. The role will also collaborate in a dynamic team environment and interact with senior management and departments across the company. The Director of Asset Management will have a 3‑person analyst team under their supervision and will oversee coordinating communication (verbal and written) to senior management on multiple assets and relevant topics impacting the performance of the portfolio.

Asset Management focuses on asset strategy, business plan development and execution, Property Management Operations, lease analysis, and redevelopment management within the operating portfolio.

• Lead an asset management team responsible for producing capital and operating budgets, variance reporting, and financial reporting for strategic analysis of building financials to identify opportunities to increase revenue.
• Think strategically and broadly about assets, looking deeply at the buildings through a traditional asset management lens but also think creatively about ways to maintain a competitive advantage for the long‑term.
• Maintain forecasting models, coordinating with leasing team to project leasing metrics/costs, and expenses based on actual bills and projected future expenses as discussed with Property Management and Accounting.
• Analyze and manage tracking of various ongoing capital projects in coordination with design & construction teams and property management.
• Annual budgeting and reforecasting in coordination with property management, design & construction, leasing and accounting teams.
• Manage the capital planning process for portfolio‑wide capital improvements and renovations to maximize return on investment by seeking rent increases coupled with reductions in operating expenses.

• 7‑10+ years of experience in an analytically rigorous Real Estate or Finance environment
• Evident passion for real estate and desire to build a career
• Strong creative problem‑solving skills
• Highly effective, accurate, and polished written and oral communication skills
• The ability to work effectively with both peers and senior executives in a highly entrepreneurial, team‑oriented environment
• Ability to simplify and explain complex problems and analyses
• Unwavering attention to detail
• Highly organized with ability to prioritize multiple ongoing activities
• Effective project management skills
• Driven and proactive attitude

This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employee(s) will be required to follow any other job‑related instructions and to perform any other job‑related duties requested by any person authorized to give instructions or assignments.

This document does not create an employment contract, implied or otherwise, other than an "at will" relationship. E/O/E