Director, Asset Management - Dallas, TX Job at Western Wealth Capital Management
Director, Asset Management
SUMMARY
The Director, Asset Management is responsible for analyzing, monitoring, and implementing business
plans for Western Wealth Capital’s (“WWC”) portfolio of multifamily communities. Responsibilities
include business plan execution, annual budgets, reforecasts and investor reporting. The Director will
work closely with operations and identify ways to increase efficiency and profits. The Director will work
closely with the corporate and community teams to ensure compliance and maximized value of
company initiatives. Most importantly, this position will require leadership to create a continuous and
tangible impact, while ensuring all activities are consistent with the organization’s policies and
procedures.
CLASSIFICATION
The position is a full-time, regular, exempt position.
REPORTING RELATIONSHIP
The position reports directly to the Vice President - Head of Asset Management.
ESSENTIAL FUNCTIONS
communicates these recommendations to executives or other appropriate senior staff.
and other information necessary for financial planning.
To perform the role successfully, an individual must be able to perform all essential functions
satisfactorily. The requirements define the knowledge, skill, and/or ability necessary to perform the
essential functions. Reasonable accommodation may be made to enable individuals with disabilities to
perform the essential functions.
EDUCATION AND EXPERIENCE
applications.
threats for each asset in the portfolio to the executive management team and investors.
COMPETENCIES
date.
selects and uses appropriate communication methods.
approaches to meeting customer needs.
situations; uses reason even when dealing with emotional topics.
or unexpected events.
goals.
actively to resolve conflicts.
goals.; completes tasks on time or notifies appropriate person with an alternate plan.
tasks; develops realistic action plans.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to
successfully perform the essential functions of this job. Reasonable accommodations may be made to
enable individuals with disabilities to perform the essential functions. While performing the duties of
this job, the employee is regularly required to stand; walk and sit. The employee is frequently required
to use hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee is
occasionally required to climb or balance; stoop, kneel, crouch, or crawl and taste or smell. The
employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25
pounds. Specific vision abilities required by this job include the ability to see.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee
encounters while performing the essential functions of this job. Reasonable accommodations may be
made to enable individuals with disabilities to perform the essential functions. While performing the
duties of this job, the employee is rarely exposed to wet and/or humid conditions; moving mechanical
parts; high, precarious places; fumes or airborne particles; toxic or caustic chemicals; outside weather
conditions; risk of electrical shock and vibration. The noise level in the work environment is usually
moderate.
Please Note :
blog.nvalabs.org is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, blog.nvalabs.org provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.
SUMMARY
The Director, Asset Management is responsible for analyzing, monitoring, and implementing business
plans for Western Wealth Capital’s (“WWC”) portfolio of multifamily communities. Responsibilities
include business plan execution, annual budgets, reforecasts and investor reporting. The Director will
work closely with operations and identify ways to increase efficiency and profits. The Director will work
closely with the corporate and community teams to ensure compliance and maximized value of
company initiatives. Most importantly, this position will require leadership to create a continuous and
tangible impact, while ensuring all activities are consistent with the organization’s policies and
procedures.
CLASSIFICATION
The position is a full-time, regular, exempt position.
REPORTING RELATIONSHIP
The position reports directly to the Vice President - Head of Asset Management.
ESSENTIAL FUNCTIONS
- Leads the weekly, monthly, quarterly and/or annual reporting on the performance of properties
- Collaborates with clients, vendors, employees across all departments, and executives to identify
- Collects and analyzes annual reports, procedures, system design, and other data useful to
- Assesses current practices and documents, records, and reports on findings.
- Provides valuation targets for each asset and compare to initial underwriting.
- Makes recommendations for improvements, which may include new practices, forms, reports,
communicates these recommendations to executives or other appropriate senior staff.
- Works with Accounting department to provide direction on cashflow needs and forecasts.
- Facilitate and coordinate with Capital Markets team on financing and refinancing of
- Collaborates with employees to facilitate successful implementation of new systems and
- Promotes, tracks, and measures compliance with program changes by creating and
- Reviews results of program changes for efficacy; makes or recommends further adaptations as
- Meets with clients to gather, discuss, and understand personal financial information such as
and other information necessary for financial planning.
- Assesses clients’ financial objectives, assets, liabilities, cash flow, insurance coverage, and tax
- Develops strategies and plans to achieve financial goals of the properties.
- Maintains knowledge of new and emerging investment trends and opportunities in both the
- Builds additional skills and knowledge in the industry including obtaining additional licenses and
- Participates in reporting requirements with Equity partners.
- Assists Acquisitions team in the initial underwriting of new assets.
- Performs other duties as assigned.
To perform the role successfully, an individual must be able to perform all essential functions
satisfactorily. The requirements define the knowledge, skill, and/or ability necessary to perform the
essential functions. Reasonable accommodation may be made to enable individuals with disabilities to
perform the essential functions.
EDUCATION AND EXPERIENCE
- Bachelor's degree in Business, or relevant field; or five years related experience and/or training;
- Knowledgeable in all areas of multi-family asset management.
- Intermediate computer skills using Yardi Voyager, various industry specific technology, and using
applications.
- Intermediate to advanced skill in creating, modifying and interpreting Excel Investor return and
threats for each asset in the portfolio to the executive management team and investors.
COMPETENCIES
- Use of Technology - Demonstrates required skills; adapts to new technologies; troubleshoots
date.
- Communications - Expresses ideas and thoughts verbally; expresses ideas and thoughts in
selects and uses appropriate communication methods.
- Managing Customer Focus - Promotes customer focus; establishes customer service standards;
approaches to meeting customer needs.
- Problem Solving - Identifies and resolves problems in a timely manner; gathers and analyzes
situations; uses reason even when dealing with emotional topics.
- Adaptability - Adapts to changes in the work environment; manages competing demands;
or unexpected events.
- Analytical - Synthesizes complex or diverse information; collects and researches data; uses
- Business Acumen - Understands business implications of decisions; displays orientation to
goals.
- Cooperation - Establishes and maintains effective relations; exhibits tact and consideration;
actively to resolve conflicts.
- Dependability - Follows instructions, responds to management direction; takes responsibility for
goals.; completes tasks on time or notifies appropriate person with an alternate plan.
- Planning/Organizing - Prioritizes and plans work activities; uses time efficiently; plans for
tasks; develops realistic action plans.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to
successfully perform the essential functions of this job. Reasonable accommodations may be made to
enable individuals with disabilities to perform the essential functions. While performing the duties of
this job, the employee is regularly required to stand; walk and sit. The employee is frequently required
to use hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee is
occasionally required to climb or balance; stoop, kneel, crouch, or crawl and taste or smell. The
employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25
pounds. Specific vision abilities required by this job include the ability to see.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee
encounters while performing the essential functions of this job. Reasonable accommodations may be
made to enable individuals with disabilities to perform the essential functions. While performing the
duties of this job, the employee is rarely exposed to wet and/or humid conditions; moving mechanical
parts; high, precarious places; fumes or airborne particles; toxic or caustic chemicals; outside weather
conditions; risk of electrical shock and vibration. The noise level in the work environment is usually
moderate.
Please Note :
blog.nvalabs.org is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, blog.nvalabs.org provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.