Asset Manager

$80,000 - $110,000/Yr

Timothy Jon & Associates - Milwaukee, WI

Full-time - Mid Level

Milwaukee, WI

Administrative and Support Services

About the position

The Asset Manager position is a critical role within a leading real estate development company in Milwaukee, responsible for overseeing the management, acquisition, optimization, and strategic planning of assets in the organization's portfolio. The role aims to maximize asset performance and ensure alignment with organizational objectives while driving value through effective asset utilization. The company fosters a collaborative environment that encourages innovation and empowers employees, offering competitive compensation and benefits.

Responsibilities

• Develop and implement asset management strategies to maximize the value and performance of the asset portfolio.
• Monitor and analyze asset performance, including financial metrics, ROI, and market trends.
• Prepare regular reports on asset performance for senior management, stakeholders, and investors.
• Conduct detailed financial analysis, including cash flow projections, budgeting, and forecasting.
• Analyze investment opportunities and provide recommendations for acquisitions, dispositions, or capital expenditures.
• Oversee the preparation of annual budgets, financial statements, and variance reports.
• Identify opportunities to enhance asset value through improvements, cost reductions, or repositioning.
• Develop asset management plans to optimize operational efficiencies and increase revenue.
• Collaborate with internal teams and third-party vendors to ensure optimal asset performance.
• Lead the due diligence process for new asset acquisitions, including financial modeling, market analysis, and risk assessment.
• Oversee the sale or disposition of underperforming or non-core assets to maximize returns.
• Negotiate terms and contracts with buyers, sellers, and partners.
• Assess risks related to asset management, including market, financial, operational, and compliance risks.
• Implement risk mitigation strategies to protect asset value and ensure regulatory compliance.
• Build and maintain strong relationships with stakeholders, investors, and clients.
• Communicate asset management strategies, performance updates, and key initiatives.
• Ensure compliance with legal, regulatory, and company policies related to asset management.

Requirements

• Bachelor's degree in Finance, Real Estate, Business Administration, or a related field.
• At least 5 years of experience in real estate asset management.
• Proven track record of managing diverse asset portfolios and driving value creation.
• Strong financial modeling, analytical, and quantitative skills.
• Proficiency in asset management software, Excel, and financial analysis tools.
• Excellent communication, negotiation, and presentation skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• Strong problem-solving and decision-making capabilities.

Nice-to-haves

• MBA or relevant certifications (e.g., CFA, CAIA, CPM) are a plus.
• Knowledge of relevant industry regulations and compliance standards.

Benefits

• 401(k) matching
• Disability insurance
• Flexible spending account
• Health insurance