Director, Asset Management
1 week ago
We're hiring immediately
We are interested in every qualified candidate who is eligible to work in the United States. However, we are not able to sponsor visas.
Scion is the leader in student living and we're seeking a Director, Asset Management to join us in executing our vision.
The Director of Asset Management is responsible for optimizing the operational and financial performance of Scion's national student housing portfolio. This role oversees annual appraisals, investor performance communications, ESG initiatives, and long-range liquidity planning. Working in close collaboration with FP&A, Capital Projects, and Property Operations, the Director ensures alignment between on-the-ground execution and portfolio-level investment objectives.
This position is based out of our office in Chicago, IL and will require five days in office.
Your Benefits
- Discretionary annual bonus
- Paid Time Off
- Health Insurance
- Dental Insurance
- Vision Insurance
- 401k Matching
- Paid Maternal Leave
- Parental Leave
- Learning reimbursement opportunities
- Pet Insurance
- Lead a high-performing Asset Management team with strong local presence, accountability for business outcomes, and management of Scion's retail portfolio.
- Manage debt compliance and long-term liquidity planning at both the property and investment levels.
- Direct ESG strategy implementation across assets, including pilots, performance-driven initiatives, and regular reporting.
- Stay fully informed on all ongoing capital projects and future capital needs throughout the portfolio and communicate their implications to key stakeholders.
- Monitor and report on portfolio-level KPIs in alignment with financial and capital planning teams.
- Maintain a deep understanding of budget and actual financial results, including the key drivers of performance and variance analysis.
- Build and maintain strong investor relationships, ensuring consistent, proactive communication on portfolio performance, strategic initiatives, and key milestones.
- Serve as the internal liaison to institutional investors, guiding investment performance discussions, and leading strategic investor communications in coordination with FP&A.
- Oversee and manage third-party appraisals to support enterprise value measurement, NAV reporting, and liquidity strategy.
- Lead performance optimization strategies across the portfolio, including budgeting, capital planning, renovations, and special projects.
Qualifications:
- Minimum 10 years of experience in asset management, property operations, portfolio strategy, or real estate investment.
- Strong preference for experience in student housing, multifamily or hotels.
- Proven success in investor engagement and relationship management.
- Demonstrated ability to drive NOI growth and long-term asset value.
The base salary range for this full-time position is $150,000-$175,000 + bonus + benefits. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.
The Scion Group LLC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, religion, creed, national origin, color, gender, sex, sexual orientation, gender identity or expression, age, physical or mental disability (as long as the employee/applicant is otherwise qualified for the job with or without a reasonable accommodation), genetic information, HIV/AIDS status, marital status, uniformed service, veteran status, pregnancy or other legally protected status or category under federal or state law. The Scion Group LLC complies with applicable state and local laws governing nondiscrimination in employment in all locations in which the Company has properties. This policy applies to all terms and conditions of employment, including hiring, placement, promotion, termination, layoff, recall, transfers, leaves of absence, compensation, training and other terms and conditions of employment. The Scion Group LLC is committed to the principles of equal employment opportunities.
IND-B #wearehiring #werehiring
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