Asset Manager

About the role

Roofstock is seeking an experienced Asset Manager to join the Asset Management team. This role involves optimizing rental properties, managing operational nuances, and influencing high-value decisions to maximize NOI and align with investor goals.

Responsibilities

• Leverage experience to optimize portfolios of investors
• Partner with internal data teams to create operational performance visibility
• Derive insights from operating performance to enhance NOI
• Perform high-volume rent underwriting analysis
• Provide input on the asset management playbook
• Develop an in-depth understanding of institutional partners and align outcomes
• Develop and track budgets and budget-to-actual trend analysis
• Lead regional market meetings and set performance goals
• Provide data-driven insights for recently acquired assets
• Advise the Buying Team on market trends, real estate opportunities, and buy box strategies
• Develop and implement inventory and revenue management strategies
• Review and evaluate monthly/quarterly operating performance
• Make operational recommendations to achieve desired outcomes
• Produce financial reports and maintain lender tape deliverables
• Maintain broad overview knowledge of major markets
• Occasional market visits required
• Ad-hoc reporting as needed

Qualifications

• 3-5 years of asset management experience of multifamily or SFR properties
• Bachelor’s Degree, or equivalent relevant experience required
• Extreme attention to detail with organizational, time management, and follow-up skills
• Highly analytical with strong quantitative skills and mathematical aptitude
• Proficient in Microsoft Excel financial modeling with large datasets
• Experience building ad hoc KPI reports to derive actionable insights
• Strong negotiation skills and ability to interface with high-level institutional investors
• Excellent written and verbal communication skills
• Bias toward action; self-driven and intrinsically motivated with ability to prioritize and meet deadlines
• High degree of comfort with change, technology, and ambiguity
• Experience working in a high-tempo, high-growth, team-oriented organization