Asset Portfolio Strategist
2 days ago
**Job Overview:**
Elmington is seeking a highly skilled Director of Asset Management to lead our asset management team. As a key member of our leadership team, you will be responsible for driving excellence in asset management practices to achieve organizational objectives and maximize returns on investment.
**About the Role:**
- Lead and supervise Asset Manager portfolios, focusing on leasing and operations to maximize asset performance.
- Evaluate the effectiveness of Asset Managers and propose corrective actions as needed.
- Provide oversight and guidance to Asset Managers, ensuring alignment with strategic objectives.
- Conduct comprehensive financial performance analyses to optimize revenue, profit, and returns from individual assets.
- Collaborate on the assessment of potential acquisitions, investments, and property developments to gauge risk and financial viability.
- Manage relationships with property management and construction project managers to plan, budget, and execute projects effectively.
- Address operational challenges proactively, seeking innovative solutions to enhance performance.
- Ensure compliance with municipal regulations and tax credit agreements across portfolios.
- Optimize property operations for efficiency and effectiveness.
**Requirements:**
- Bachelor's degree in business administration, marketing, finance, or related field; master's degree preferred.
- Minimum 5-7 years of asset management experience.
- Preferred multifamily property management experience.
- Proven track record of building and managing high-performing teams.
- Strong leadership and motivational skills, with the ability to lead by example and inspire others.
- Exceptional analytical, problem-solving, and decision-making abilities.
- Excellent communication, negotiation, and interpersonal skills.
- Proficiency in Microsoft Office applications and other relevant software platforms.
- Detail-oriented with a focus on continuous process improvement.
- Ability to work effectively under pressure and adapt to changing priorities.
**Salary:** $120,000 - $180,000 per year (depending on experience).
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