Senior Asset Manager

About the role

This role exists to build and run an institutional-grade asset management function across a fast-scaling multifamily portfolio. You will own the operating and financial performance of 2,000+ units today and help scale that engine to 30,000+ units over time. The mandate is simple: protect investor capital, drive NOI growth, enforce discipline, and create a portfolio that performs under pressure.

Responsibilities

• Own the financial and operational performance of a growing multifamily portfolio, with full accountability for NOI, cash flow, occupancy, collections, expense control, and business plan execution

• Architect and enforce a best-in-class asset management operating system across assets, teams, and external partners

• Build and manage asset-level strategies, including hold-sell analysis, capital planning, renovation pacing, lease trade-out targets, and operational turnaround plans

• Lead weekly, monthly, and quarterly performance reviews with property management teams, holding operators to clear metrics, deadlines, and standards

• Create rigorous reporting packages for leadership, investors, and lenders that translate portfolio data into decisions and action

• Identify operational and financial outliers early, diagnose root causes, and implement corrective plans with urgency

• Drive lender strategy across the portfolio, including agency debt placement, refinancing, covenant compliance, reserve negotiations, modifications, and complex loan workouts

• Negotiate directly with lenders, servicers, attorneys, and counterparties in high-stakes situations where precision, control, and credibility matter

• Partner with acquisitions and finance to pressure-test underwriting, transition new assets into the portfolio, and align execution against the original investment thesis

• Evaluate and improve third-party property management performance, including staffing plans, revenue management, maintenance execution, resident experience, and budgeting discipline

• Leverage AI tools and emerging technology to automate reporting, improve operating visibility, surface anomalies, and increase team efficiency

• Support capital formation and business development efforts by presenting Rex’s asset management capabilities to ultra-high-net-worth investors, family offices, and strategic partners

• Serve as a front-line closer in management and investor conversations, using data, judgment, and executive presence to build conviction and trust

Requirements

Must be missionary to the bone. Must be able to push hard without losing trust, drive accountability without creating drag, and represent Rex with sophistication in rooms that matter. Must be execution-obsessed, with the builder mentality to help create a multi-generational enterprise from the inside.

Qualifications

• 5-7+ years of experience in asset management, structured finance, principal investing, or multifamily portfolio operations, with direct accountability for asset-level performance

• Strong background in multifamily real estate, with meaningful exposure to value-add, turnaround, and scaled portfolio management environments

• Proven record of placing agency debt, navigating lender processes, and negotiating complex restructurings, extensions, or loan workouts

• Deep fluency in property-level financials, including T12 analysis, rent rolls, variance analysis, budget management, reforecasting, and asset-level return optimization

• Experience overseeing third-party property management firms and holding regional and on-site teams accountable to measurable operating standards

• Strong command of Excel and real estate financial modeling, including scenario analysis, capital planning, sensitivity analysis, and business plan tracking

• High proficiency with Yardi, RealPage, Entrata, AppFolio, or similar property management and reporting systems

• AI-fluent, with a practical ability to use tools such as ChatGPT, automation platforms, BI dashboards, and workflow systems to improve speed, insight, and operating leverage

• Strong understanding of revenue management, expense controls, capex execution, renovation economics, and on-site operational KPIs

• Track record of communicating with lenders, investors, family offices, and senior stakeholders in a way that builds trust and commands respect

• Able to move seamlessly between scrappy zero-to-one problem solving and polished executive communication in high-stakes environments

• Firm, respectful, and highly accountable, with the judgment to push operators hard while preserving alignment and momentum

Skills

• Asset Management

• Structured Finance

• Multifamily Portfolio Operations

• Property-Level Financials

• Third-Party Property Management

• Excel and Financial Modeling

• AI Tools and Emerging Technology

• Revenue Management

• Expense Controls

• Capex Execution

• Renovation Economics

• On-Site Operational KPIs

• Communication and Stakeholder Management

• Scrum and Agile Methodologies

• Project Management

• Leadership and Team Management

Benefits

Comprehensive health, dental, and vision benefits

401(k) retirement plan with company match

Flexible vacation policy

Professional development opportunities

Employee referral program

Regular team-building activities

Remote work options

Professional networking events

Annual performance review and bonus opportunities

Competitive compensation package