Senior Asset Management Associate
Flock Homes · New York, NY · 1 wk ago
On-siteFinanceFull-time
About the role
We’re hiring a Senior Asset Management Associate to help run the engine behind our Fund. You'll hold our third-party property managers to Flock's standards, serve as the primary point of contact for our Separately Managed Account partners, and work shoulder-to-shoulder with our Legal team on asset-level matters.
This role is for a top tier operator who wants to drive portfolio performance. Expect occasional travel to our markets (approximately 10%).
What You'll Do
- Own PM Oversight: Directly manage our third-party property management partners, holding them accountable to Flock's standards on leasing, maintenance, and resident experience.
- Drive Portfolio Returns: Regularly review property valuations, rental rates, make-ready scopes, and capex costs, and analyze portfolio performance to inform recommendations.
- Deliver the Numbers: Produce and analyze detailed financial reports for each market, comparing performance against budgets and market indices, and help draft the strategic business plans that follow.
- Lead Across Teams: Drive cross-departmental initiatives and represent Asset Management with rigor — internally and externally.
- Manage SMA Relationships: Serve as the primary point of contact for third-party Separately Managed Accounts, building the trust that keeps institutional partners growing with us.
- Partner with Legal: Be the Asset Management team's embedded partner on asset-level legal matters. You’ll spot risk early, and bring proactive recommendations when issues like rezoning, licensing, or tenant disputes arise.
About You
- 4-6 years of asset management experience: You've managed residential portfolios — single family preferred — at small or large firms, with a laser focus on portfolio performance data and outcomes.
- Excel and BI fluency: You're an intermediate-or-better Excel user and comfortable working in BI dashboards. You don't need to build the BI infrastructure, but you know how to read data and tell the story behind it.
- Sound judgment on legal issues: You bring a common-sense approach to legal matters, knowing when to escalate.
- Ownership: Desire to grow your impact, balancing speed of delivery with judicious prioritization.
- Grit: A proactive mindset and the ability to manage multiple tight deadlines without sacrificing attention to detail.
- Problem Solver: Ability to think on your feet and find creative solutions across property management teams, institutional partners, and varied markets.
- Ethical: Conduct business with the highest level of integrity and professionalism.
Qualifications
- 4-6 years of asset management experience
- Intermediate Excel and BI fluency
- Common-sense approach to legal matters
- Desire to grow impact
- Proactive mindset and attention to detail
- Ability to solve problems creatively
- Integrity and professionalism
- Medical/dental/vision insurance
- 401k
- Unlimited PTO
Pay
$110-155k annual salary, plus equity and benefits (medical/dental/vision insurance, 401k, and unlimited PTO).
Schedule
Flexible, with occasional travel to our markets (approximately 10%).