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Asset Management Associate Jobs in Illinois (NOW HIRING)

Ryan Companies

Asset Management Associate

Chicago, IL · On-site

$120K - $150K/yr

Ryan Companies is hiring for an Asset Management Associate in our downtown Chicago office! This Associate is responsible for supporting the oversight of property portfolios to maximize financial ...

Ryan Companies

Asset Management Associate

Chicago, IL · On-site +1

$120K - $150K/yr

Ryan Companies is hiring for an Asset Management Associate in our downtown Chicago office! This Associate is responsible for supporting the oversight of property portfolios to maximize financial ...

RWE

Sr Asset Management Associate

Chicago, IL

$95K - $129K/yr

The Sr. Associate will assist the Asset Manager in driving the profitability of wind, solar, and battery storage assets, by analyzing operational and financial performance and identifying the causes ...

Core Spaces

Associate, Asset Management

Chicago, IL · On-site

$16.50 - $22/hr

This role will be an integral part of Core Spaces' Asset Management Team, reporting the financial and operational health of Core's student housing properties to various constituents. The Associate ...

5 Legal

Investment Management Associate

Chicago, IL

Top Am Law 50 Law firm is seeking an experienced associate to join their Asset Management Group. Qualified candidates must have 2 - 5 years of legal experience working at a law firm, or in-house at ...

RPM Living

Asset Manager

Chicago, IL

May oversee an Asset Management Analyst with responsibility for training and mentoring of the ... Weekly pay for all associates working onsite at an apartment community * Comprehensive healthcare ...

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Asset Management Associate information

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How much do asset management associate jobs pay per hour?

As of Jul 26, 2026, the average hourly pay for asset management associate in Illinois is $18.43, according to ZipRecruiter salary data. Most workers in this role earn between $14.66 and $19.57 per hour, depending on experience, location, and employer.

What is the highest salary in asset management?

The highest salaries for Asset Management Associates can reach over $200,000 annually, especially for those with extensive experience, advanced certifications like CFA, and roles in major financial hubs. Senior-level professionals or those managing large portfolios may earn significantly more through bonuses and profit sharing.

What are the career paths for asset management?

Asset management associates can advance to roles such as senior analyst, portfolio manager, or asset management director, often gaining experience in financial analysis, client relations, and investment strategies. Progression typically involves acquiring relevant certifications like the CFA and developing expertise in specific asset classes or markets.

What are the key skills and qualifications needed to thrive as an Asset Management Associate, and why are they important?

To thrive as an Asset Management Associate, you need strong analytical abilities, financial modeling skills, and a solid understanding of investment principles, typically supported by a degree in finance, economics, or a related field. Familiarity with portfolio management software, Excel, Bloomberg Terminal, and often progress toward a CFA certification are highly valued. Attention to detail, effective communication, and strong organizational skills set top performers apart in this role. These skills enable accurate asset analysis, effective client communication, and optimal portfolio performance in a competitive financial environment.

What does an asset management associate do?

An asset management associate supports the management of investment portfolios by analyzing financial data, monitoring asset performance, and assisting with client reporting. They often use financial software and require strong analytical skills to help optimize investment strategies and ensure compliance with regulations.

Is it hard to get a job in asset management?

Securing an asset management associate position can be competitive, often requiring a strong educational background in finance or related fields, relevant internships, and proficiency with financial analysis tools. Candidates who demonstrate analytical skills, industry knowledge, and professional certifications like the CFA may have better chances of success.

What is the difference between Asset Management Associate vs Investment Analyst?

AspectAsset Management AssociateInvestment Analyst
Required CredentialsBachelor's degree, often CFA Level I or IIBachelor's degree, often CFA Level I or II
Work EnvironmentFinancial firms, asset management companiesInvestment banks, asset management firms
Employer & Industry UsageAsset management firms, mutual fundsHedge funds, investment banks
Common Search & ComparisonYesYes

The Asset Management Associate and Investment Analyst roles share similar educational backgrounds and work environments, often requiring CFA levels. While associates focus on supporting portfolio management and client reporting, investment analysts primarily conduct research and analyze investment opportunities. Both roles are integral to asset management firms, but their daily tasks and focus areas differ slightly, making them common points of comparison for job seekers in finance.

How does an Asset Management Associate typically collaborate with other departments within a firm?

As an Asset Management Associate, you'll regularly work with teams such as research analysts, portfolio managers, and client relations specialists. Collaboration can involve analyzing investment opportunities, preparing client reports, and supporting the execution of portfolio strategies. You'll often coordinate with compliance and operations teams to ensure that transactions and reporting meet regulatory standards. These cross-functional interactions not only enhance your understanding of the business but also build relationships that are valuable for career progression within asset management.
What are the most commonly searched types of Asset Management jobs in Illinois? The most popular types of Asset Management jobs in Illinois are:
What are popular job titles related to Asset Management Associate jobs in Illinois? For Asset Management Associate jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Asset Management Associate jobs in Illinois look for? The top searched job categories for Asset Management Associate jobs in Illinois are:
What cities in Illinois are hiring for Asset Management Associate jobs? Cities in Illinois with the most Asset Management Associate job openings:
Asset Management Associate jobs near you
Infographic showing various Asset Management Associate job openings in Illinois as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $38,324 per year, or $18.4 per hour.
Asset Management Associate

Asset Management Associate

Ryan Companies

Chicago, IL • On-site

$120K - $150K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 22 hours ago

Job description

Job Description:
Ryan Companies is hiring for an Asset Management Associate in our downtown Chicago office! This Associate is responsible for supporting the oversight of property portfolios to maximize financial returns and asset value. Expertise in financial modeling and property valuation is essential for managing the asset from completion to final disposition. This position encompasses supporting the Asset Management team in all activities including the preparation of quarterly comprehensive asset reviews for each property and forming investment strategies for leasing, refinance and sale. It also includes providing guidance for future development projects to help in underwriting new projects. This position also plays a critical role in bridging the analytical work of the analysts with the Director/VP asset managers.
The Asset Management Team has significant interaction with Ryan coworkers in the Ryan Investment Group (Capital Markets, Asset Management and Portfolio Management) as well as Ryan Developers, outside operators, partners and tenants and/or residents of the properties. The Asset Management team is responsible for ensuring that the services delivered across our multiple platforms are consistent with Ryan's values and the highest level of customer services is provided for our properties
Some things you can expect to do:
  • Support the development and implementation of marketing, leasing, and sales strategies to maximize value of assets. Manage the creation and modification of sophisticated financial models in Excel-occasionally taking the lead on the model itself--ensuring accuracy and alignment with the project's investment strategy.
  • Working alongside Ryan's accounting team, lead the management of cash flow and property distributions to maximize investment returns.
  • Develop and manage capital improvement plans, including cost benefit analysis.
  • Provide leadership and direction to property managers and Senior Living operators. Review and approve operating budgets for properties. Review monthly property reports and cash flow forecasts; follow up with property accountant and operating partners on variances and other concerns.
  • Partner with Ryan Capital Markets to analyze, negotiate and execute loan refinancings or restructurings.
  • Partner with Ryan Portfolio Management to complete quarterly reforecasting of property investment returns and participate in quarterly reporting meetings with Ryan senior management.
  • Lead reporting and communications to Ryan JV partners. Assist with the preparation of investment letters and investment memorandums.
  • Manage due diligence coordination on sale assets. Assist with research tasks related to overview of competitive market and demographic trends within the portfolio's geographic area. Maintain current knowledge of industry trends and performance of comparable properties.
  • Provide guidance and mentorship to Capital Markets Analysts and Senior Analysts, reviewing their models and analysis.

To be successful in this role you will need:
  • Undergraduate degree
  • 4 - 8 years' experience as an analyst or senior analyst working for a commercial real estate development or investment firm. Asset management experience in multifamily and/or senior living preferred, but not required.
  • Experience forecasting and modeling commercial real estate investments with strong working knowledge of fundamental valuation concepts.
  • Knowledgeable on the following aspects of real estate:
  • Organizational structures/Documents (LLC Agreements, Partnership Agreements)
  • Property Tax Assessment Process
  • Partnership Agreement and Structure
  • Management Agreements
  • Financing Structures/Loan Documentation

You will really stand out if you:
  • Proficient in verbal, written and interpersonal communication skills.
  • Ability to effectively work independently, as well as with others in a collaborative environment and matrix organizational structure.
  • Demonstrated ability to plan, organize, prioritize and manage time to effectively meet deadlines.
  • Attention to detail and quality with a strong focus on customer service and appropriate sense of urgency and good judgment in varied situations.
  • Ability to concentrate on tasks, make decisions and work effectively in a high-pressure, deadline-oriented environment.
  • Ability to maintain stamina throughout a standard workday, on- and off-site as well as maintain regular attendance during required work hours.
  • Commitment to Ryan Values: Safety, Integrity, Respect, Stewardship, Family, Excellence and Fun.

Compensation:
The annual base pay is $120,000 - $150,100. The base salary may vary within the anticipated range based on factors such as the ultimate location of the position and the selected candidate's knowledge, skills and abilities. Position may be eligible for additional compensation that may include commission and/or an incentive program.
Eligibility:
Position requires verification of employment to work in the U.S.
Benefits:
  • Competitive Salary
  • Medical, Dental and Vision Benefits
  • Retirement and Savings Benefits
  • Flexible Spending and Health Savings Accounts
  • Life Insurance
  • Short-Term and Long-Term Disability
  • Educational Assistance
  • Paid Time Off (PTO)
  • Employee Assistance and Wellness Programs
  • Parenting Benefits
  • Employee Discount Programs
  • Pet insurance
  • Ryan Foundation - charitable matching funds
  • Paid Time for Volunteer Events

Disclaimer: Eligibility may vary based on factors such as role, hours worked, employment status, length of service, location, and other considerations. Detailed information will be shared with eligible candidates during the hiring process, and the official terms and conditions will be outlined in each individual offer document.
Ryan Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Notice to Candidates:
Please be advised that initial outreach regarding employment at Ryan Companies will only occur via email from the domain @ryancompanies.com email address. If you recieve communication from someone you believe is impersonating Ryan Companies, please report it to us at humanresources@ryancompanies.com
Non-Solicitation Notice to Recruitment Agencies:
Ryan Companies kindly requests that recruitment agencies and third-party recruiters do not submit unsolicited resumes or candidate information to any Ryan Companies employee or office. Ryan Companies will not be responsible for any fees or expenses associated with unsolicited submissions. If recruitment services are required, we will reach out directly to agencies on our approved vendor list. We appreciate your understanding and cooperation.

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