Director Asset Management

Position Type Full time Weekly Scheduled Hours 40 State Georgia City Atlanta Zip Code 30305 Total Base Pay Range $121,000.00 - $201,600.00 Overview Vivmark Residential exists to set the mark for what home can be. Formed through the merger of AvalonBay Communities and Equity Residential, Vivmark brings together two industry leaders with a shared commitment to excellence, innovation, and delivering exceptional living experiences. Our vision is to be the most trusted and best-performing rental housing company in America - one that continues to get better as it grows. And we're looking for people who want to help us do it. As an owner, developer, and manager of more than 180,000 apartment homes in major markets across the US, we have the scale to offer something most companies can't. At Vivmark, team members move up and across functions, markets, and disciplines, building lasting careers. We invest in team members’ growth, development, and capabilities that make them and us better, and we hold ourselves to the highest standard as an employer. The best people want to work here. We hope you're one of them. The Role Vivmark Residential is seeking a Director, Asset Management to lead strategy and performance for a portfolio of multifamily communities. This is a highly visible role responsible for maximizing asset value through operational performance, capital investment, revenue optimization, and long-term portfolio planning. Reporting into senior leadership, the Director will serve as the strategic owner of assigned assets, partnering closely with Operations, Investments, Development, Construction, and Finance teams to drive investment decisions and enhance portfolio returns. The ideal candidate combines strong real estate investment expertise with a deep understanding of multifamily operations and a proven ability to influence stakeholders across the organization. What You'll Do Lead Asset Performance & Value Creation Oversee asset management activities for a portfolio of multifamily communities owned by Vivmark Residential and its investment partnersDevelop and execute strategies that drive Net Operating Income (NOI) growth, including amenity monetization, revenue enhancement initiatives, parking optimization, and operational improvementsAnalyze market conditions, competitive positioning, and asset performance to identify opportunities for value creationEstablish and maintain strategic business plans for each asset and submarket, incorporating operating performance, capital needs, market dynamics, and long-term investment objectivesMonitor portfolio performance through key financial and operational metrics, making recommendations to improve results and maximize returns.Manage assets with complex ownership structures, including joint ventures and HOA-related matters Drive Investment & Capital Allocation Decisions Lead the evaluation and execution of major capital investment and repositioning initiativesDevelop ROI analyses, investment recommendations, and business cases for leadership approvalOversee implementation of approved projects and measure post-investment performance against expected outcomesCreate and maintain long-range asset strategies, including 10-year cash flow projections and investment scenariosPartner with Operations, Engineering, and Construction teams to prioritize capital expenditures and optimize investment returnsEvaluate hold, reinvestment, redevelopment, and disposition strategies through market analysis, asset forecasting, and risk assessmentPresent strategic recommendations and financial analyses to executive leadership and investment committees Partner Across the Business Collaborate with Investments and Development teams on acquisition, development, disposition, and redevelopment opportunitiesSupport underwriting, due diligence, investment committee materials, and transition planning as neededBuild and maintain strong relationships with brokers, joint venture partners, consultants, lenders, and other key market participantsPartner with cross-functional leaders to define and track portfolio KPIs and benchmark performance against market competitors Lead Through Influence Provide leadership across multiple functions to ensure alignment on asset strategies and investment objectivesMentor and develop team members while fostering a culture of accountability, collaboration, and continuous improvementInfluence decisions and drive execution across teams, even when operating without direct authority Experience What You'll Bring: Bachelor's degree requiredMBA, Master's in Real Estate, Finance, Economics, or a related discipline preferred7+ years of progressive experience in asset management, real estate investments, acquisitions, underwriting, or multifamily operationsStrong multifamily real estate experience requiredExperience working with institutional investors, joint ventures, or complex ownership structures preferred Technical Expertise Advanced financial modeling, valuation, and investment analysis skillsDeep understanding of multifamily operations, capital planning, and real estate market fundamentalsStrong proficiency in Excel and financial analysis toolsAbility to synthesize complex financial and operational data into actionable business recommendations Leadership Competencies Strategic thinker with a hands-on, results-oriented approachExceptional communication and presentation skillsProven ability to influence executive stakeholders and lead cross-functional initiativesStrong project management, organizational, and prioritization skillsExperience managing consultants, vendors, and external partnersDemonstrated ability to coach, mentor, and develop others How Vivmark Supports You We know that our teams are the beating heart of our success and we’re committed to showing our appreciation. We Offer A competitive benefits package that supports your health, financial well-being, and work-life balance, including medical, dental, and vision coverage, a 401(k) with company match, paid vacation and company holidays, and exclusive team member housing discounts. Additional Info AvalonBay is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives and create an environment that encourages all voices to be heard, understood and appreciated. With this we know we can do great things. AvalonBay makes employment decisions without regard to a person’s race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy (including childbirth, lactation or related medical conditions), age, physical or mental disability, genetic information (including characteristics or testing), citizenship status, military or veteran status, or any other status protected by the law. AvalonBay will consider for employment qualified applicants with criminal histories in a manner consistent with requirements under the law. Applications are being accepted on an ongoing basis. AvalonBay does not require or request that you provide any information that identifies your age, date of birth, or dates of school attendance or graduation. Please redact this information prior to the submission of your application and/or leave these fields incomplete on your application. For California residents, if you elect to apply to AvalonBay you accept the AvalonBay California Personnel Privacy Notice (https://www.avaloncommunities.com/california-personnel-privacy-notice/) No Fees Notice & Recruitment Fraud Disclaimer AvalonBay Communities, Inc. (“AvalonBay”) is aware that there is recruitment fraud activity whereby scammers impersonate AvalonBay and offer fake employment opportunities to candidates. These scammers often seek to obtain personal information or money from candidates. Please note that AvalonBay will never charge any candidate a registration fee, hiring fee, or any other fee in connection with its recruitment and hiring process. If you suspect that you are being contacted by a scammer impersonating our company, please report it immediately to our official HR Department (avalonbayhumanresources@avalonbay.com).