Asset Management Associate

Bullpen, on behalf of our client, is looking for an Asset Management Associate to add to a growing & thriving team. This role will be responsible for supporting the senior members of the Asset Management team, overseeing the operations and financial health of assigned portfolios, and analyzing internal and external reports to inform business decisions.

Key Responsibilities

Operations Oversight

• Manage daily operations of a portfolio consisting of 2,000+ units.
• Conduct site visits, build trust with onsite teams, and set clear expectations.
• Monitor incident reports and communicate with insurance agents to mitigate losses.
• Lead weekly operations calls with third-party property managers.
• Utilize internal reports to inform portfolio business decisions.
• Coordinate lender inspections and ensure timely completion of required repairs.
• Track compliance-related metrics and ensure timely deliverables.
• Review monthly financial statements, identify variances, and ensure proper accounting adjustments.
• Approve major operational expenses outside of budget.
• Monitor operational cash balances and notify the Director of any potential shortfalls.
• Analyze market rents and approve rent changes and concession offerings.

Reporting & Analysis

Budgeting & Business Planning

Investor Relations

Key Performance Indicators (KPIs)

96% for stabilized assets.

Skills & Qualifications

Seniority level

Associate

Employment type

Full-time

Job function

Other

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