Senior Director of Asset Management Operations

Dominium - Dallas, TX

Full-time - Senior

Dallas, TX

Real Estate

About the position

Dominium is helping tackle the affordable housing crisis - and we're looking for motivated candidates to join our team and help further our mission. With offices in Minneapolis, Atlanta, Dallas, and Phoenix, Dominium is one of the nation's most respected and innovative affordable housing development and management companies. We create quality, affordable homes and engage with our residents daily to create a strong sense of community and connectivity. Join us in making a difference in people's lives every day at a company where you can challenge yourself to develop both personally and professionally. The Senior Director of Asset Management Operations leads our asset management team in optimizing the performance and efficiency of our property management portfolio. This role is crucial in ensuring that our assets are strategically managed to maximize returns while minimizing risks. The ideal candidate will have a proven track record in asset management, strong leadership skills, and a strategic mindset to drive operational excellence. In this position, you will develop and implement strategic initiatives to enhance the performance of our asset management operations, specifically looking for ways to increase the value of the portfolio through refinance, sale, purchase of LP interests, etc. You will oversee the analysis, evaluation, and optimization of our asset portfolio to maximize returns and align with organizational goals, assisting in the evaluation of markets for development during the due diligence period. Additionally, you will implement effective risk management strategies to mitigate potential risks associated with asset management activities and drive efficiency improvements across asset management processes, leveraging technology and best practices. Conducting financial analysis and forecasting to support decision-making and ensure the financial health of assets will also be a key responsibility. As a leader, you will mentor a team of asset management professionals, fostering a culture of collaboration, innovation, and continuous improvement. Collaboration with internal stakeholders, including senior management, finance, and operations teams, will be essential to ensure alignment on asset management strategies and goals. You will also ensure compliance with regulatory requirements and internal policies in all asset management activities, while managing other projects and work assigned by your supervisor as needed.

Responsibilities

• Develops and implements strategic initiatives to enhance the performance of asset management operations.
• Oversees the analysis, evaluation, and optimization of the asset portfolio to maximize returns and align with organizational goals.
• Implements effective risk management strategies to mitigate potential risks associated with asset management activities.
• Drives efficiency improvements across asset management processes, leveraging technology and best practices.
• Conducts financial analysis and forecasting to support decision-making and ensure financial health of assets.
• Leads and mentors a team of asset management professionals, fostering a culture of collaboration, innovation, and continuous improvement.
• Collaborates with internal stakeholders, including senior management, finance, and operations teams, to ensure alignment on asset management strategies and goals.
• Ensures compliance with regulatory requirements and internal policies in all asset management activities.
• Manages other projects and work assigned by supervisor as needed.

Requirements

• Bachelor's degree in Finance, Business Administration, Real Estate, or related field; MBA or advanced degree preferred.
• Minimum of 10 years of progressive experience in asset management, with at least 5 years in a leadership role.
• Deep understanding of asset management principles, real estate investment, financial markets, and regulatory requirements.
• Proven track record of successfully leading and developing high-performing teams.
• Strong analytical and quantitative skills, with the ability to translate data into actionable insights.
• Excellent communication and presentation skills, with the ability to effectively interact with stakeholders at all levels.
• Demonstrated ability to think strategically and develop innovative solutions to complex challenges.
• Ability to thrive in a dynamic and fast-paced environment, with a strong commitment to excellence and continuous improvement.