Director of Asset Management
Michael Page · Chicago, IL · 2 wk ago
FinanceFull-time
About the role
Reporting to the Executive Leadership Team, the Director of Asset Management will play a critical role in optimizing portfolio performance and delivering investment objectives across a growing real estate platform.
Responsibilities
- Develop and execute asset-level business plans aligned with investment and portfolio strategies.
- Monitor financial and operational performance, identifying opportunities to enhance Net Operating Income, improve cash flow, and increase asset value.
- Lead portfolio reviews and provide regular performance reporting to senior management, lenders, joint venture partners, and investors.
- Oversee annual budgets, capital expenditure programmes, forecasts, valuations, refinancing analysis, and financial performance reviews.
- Manage third-party property management partners, leasing strategies, capital projects, and operational performance metrics.
- Evaluate hold, refinance, redevelopment, and disposition strategies based on market conditions and investment objectives.
- Lead, mentor, and develop asset management team members while collaborating cross-functionally with development, acquisitions, finance, accounting, and construction teams.
Requirements
- Bachelor's degree in Real Estate, Finance, Business, Economics, or a related discipline. Advanced qualifications are advantageous.
- Significant experience within real estate asset management, portfolio management, investment management, or commercial real estate.
- Proven track record managing institutional-quality real estate assets and delivering value creation initiatives.
- Strong financial modelling, investment underwriting, budgeting, forecasting, and valuation experience.
- Experience overseeing property management teams, leasing performance, and capital improvement projects.
- Knowledge of debt structures, loan covenants, refinancing processes, and investor reporting requirements.
- Excellent stakeholder management skills with experience interacting with lenders, investors, joint venture partners, and executive leadership.
- Strong leadership capability with experience mentoring analysts, associates, or asset management professionals.
- Advanced proficiency in Microsoft Excel and real estate financial analysis tools.
Benefits
- Competitive base salary and performance-based bonus.
- Comprehensive benefits package.
- Opportunity to join a growing and entrepreneurial real estate platform with significant investment backing.
- High visibility within the organisation and direct exposure to senior leadership and capital partners.
- Long-term career progression into broader portfolio leadership and executive management responsibilities.
- Collaborative and high-performing culture focused on growth, innovation, and value creation.