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Senior Asset Manager

Job in Newark, Essex County, New Jersey, 07175, USA
Listing for: Trigild
Full Time position
Listed on 2026-01-08
Job specializations:
  • Finance & Banking
    Corporate Finance, Financial Analyst
Salary/Wage Range or Industry Benchmark: 160000 USD Yearly USD 160000.00 YEAR
Job Description & How to Apply Below

Our Asset Manager will be responsible for managing a portfolio of multi family distressed assets in receivership, working with internal and external teams to meet the objectives of each asset, maximize property performance, and stabilize assets for their next phase.

Compensation:
Starting at $160,000 plus bonus (base increase for experience)

Desired Competency, Experience and Skills:

  • 10+ years of experience with a focus on asset management activities, including leasing, financing, managing tenant improvements, capital investments, and dispositions
  • Experience with distressed assets- often class C and B
  • Ability to be self
    -sufficient to work outside the box to figure out challenges
  • Exposure to legal aspect of commercial assets in receivership
  • Comfortable navigating quickly changing portfolios and maintaining discretion when interfacing with building tenants
  • Bachelor's Degree in Real Estate, Finance, Accounting; MBA a plus
  • In-depth knowledge of real estate finance including commercial lease terms and debt and equity structures
  • Able to successfully work in a team-oriented environment and partner with internal colleagues, external suppliers, and cross-functional groups
  • Strong analytical, accounting and critical thinking skills
  • High comfort level with the technology used to aid in collaboration, communication, and documentation
  • Excellent written and oral communication skills
  • Advanced knowledge of Excel including building templates for other users.

Responsibilities:

  • Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition
  • Assure financial performance, timely reporting, proactive and high-quality repairs and maintenance, and positive tenant relations
  • The candidate should enjoy ever changing work assignments as the portfolio could frequently change
  • Assist with conducting transaction analysis and support due diligence for new acquisitions
  • Assist with due diligence and follow-up on property transactions
  • Review monthly property management reports for variance against budget and strategy
  • Prepare monthly, quarterly, and annual reporting for investor clients and senior leadership
  • Create cash flow projections, analyze and recommend investor capital calls and distributions
  • Develop analytical tools to allow leadership to better understand the state of the portfolio
  • Monitor and maintain compliance with all lender requirements
  • Monitor timely payment of taxes and insurance premiums
  • Monitor all escrow accounts and operating cash accounts to assure they are properly funded
  • Collaborate with other departments to improve and document processes and streamline reporting
  • Oversight of 3 rd party brokerage teams and leasing
  • Negotiate leases and renewals throughout the portfolio

Over its 40 year history, Trigild has managed and operated hundreds of commercial properties.

Trigild has expertise in managing a wide array of commercial real estate assets and operating businesses. Trigild leverages its expertise in property management, receivership, fiduciary, operations, consulting, and disposition services under one roof – for maximum service and value. Visit  .

Our portfolio includes Hotels, Multifamily Complexes, Office Buildings and Hospitality Properties (including restaurants, golf courses, amusement parks).

Additionally, Trigild is the nationally recognized authority on non-performing commercial loans that combines Receivership/Trustee, Management and Disposition services under one roof. That means no coordinating multiple companies, and no duplication of fees. We have the expertise to quickly take control of the assets, maximize operating results, and speed recovery by selling the assets quickly through our national network of industry contacts.

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Whether you are looking for commercial management services or a new level of performance on commercial loan recovery, Trigild can maximize value.

All job offers are contingent on completion of a background check and proof of eligibility to work in the United States.

Trigild does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by Trigild to provide candidates for a…

Position Requirements
10+ Years work experience
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