Jobs · Management · Pennsylvania

Sr Director, Real Estate Asset Management

Archwell · Conshohocken, PA · 3 days ago
ManagementFull-time

Asset Management Execution

Lead day-to-day asset management of a multifamily and office portfolio across the greater Philadelphia region, with a focus on operational execution and performance accountability.
Collaborate with the Investments team to establish operating budgets and implement corresponding asset-level strategies, ensuring consistency with investment objectives.
Partner with third-party property managers to oversee property operations, including expense control, operational efficiency, and execution of business plans.
Evaluate and oversee capital expenditures, renovations, and value-add initiatives, with responsibility for scope definition, budgeting, vendor selection, and execution.
Manage contract services and major maintenance initiatives, applying a long-term ownership perspective to capital planning decisions.
Provide real-time operational insights and field-level feedback to Investments team and Senior Management to inform investment decision-making and capital allocation.
Support due diligence and transition planning for acquisitions and dispositions, with a focus on operational readiness and execution.
Maintain visibility into the broader portfolio, including student housing and other select minority investments, supporting high-level monitoring as needed.
Contribute to a portfolio-wide perspective on performance, risks, and capital needs while maintaining focus on execution responsibilities.

Capital Projects & Vendor Oversight

Coordination with property managers, lead the selection, evaluation, and ongoing oversight of vendors, contractors, and third-party service providers across the portfolio.
Review project scopes, budgets, and timelines to ensure alignment with asset strategy and return objectives.
Oversee execution of capital projects to ensure on-time, on-budget delivery and adherence to quality standards.
Identify and mitigate execution risks, cost overruns, and operational inefficiencies at the asset level.
Establish and maintain policies and procedures related to vendor management, procurement, and project execution.

Other Job Duties And Responsibilities

  • Performs other related duties as assigned.
  • Comply with all company policies and procedures.
  • Maintain regular and punctual attendance.

Supervisory Responsibilities

This position has direct reports. Manages staff and carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Qualifications

  • Strong experience in real estate asset management with an emphasis on execution and property-level operations.
  • Knowledge of real estate transactions and portfolio management.
  • Experience working directly with third-party property managers and vendors.
  • Demonstrated ability to evaluate and execute capital projects and asset-level initiatives.
  • Solid financial acumen, including ability to interpret budgets, forecasts, and performance metrics in coordination with Investments team.
  • Strong organizational and project management skills with attention to detail.
  • Strong communication and stakeholder management skills.
  • Strong negotiation and contract management skills.
  • Able to operate effectively in a collaborative environment while maintaining accountability for execution.

Education And/or Experience

  • Bachelor’s degree required. Major in Real Estate, Business, or a related field preferred.
  • 10+ years of relevant experience in real estate asset management, real estate investments, property operations, or related roles.
  • Experience with multifamily and/or office assets required.
  • Experience working alongside investment teams or within joint venture structures is a plus.

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